Flowers Foods (NYSE:FLO – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.800-0.900 for the period, compared to the consensus estimate of 0.840. The company issued revenue guidance of $5.2 billion-$5.3 billion, compared to the consensus revenue estimate of $5.2 billion.
Flowers Foods Stock Up 13.7%
Shares of Flowers Foods stock opened at $7.97 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.75 and a quick ratio of 0.54. Flowers Foods has a 1 year low of $6.80 and a 1 year high of $17.24. The firm’s 50-day moving average is $8.29 and its two-hundred day moving average is $9.89. The stock has a market cap of $1.69 billion, a price-to-earnings ratio of 22.76 and a beta of 0.46.
Flowers Foods (NYSE:FLO – Get Free Report) last issued its earnings results on Thursday, May 21st. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.01. Flowers Foods had a net margin of 1.38% and a return on equity of 15.75%. The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same period in the prior year, the business earned $0.35 EPS. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. As a group, research analysts expect that Flowers Foods will post 0.87 earnings per share for the current fiscal year.
Flowers Foods Cuts Dividend
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on FLO shares. Stephens lowered their price target on shares of Flowers Foods from $11.00 to $8.00 and set an “equal weight” rating on the stock in a report on Monday, May 18th. Zacks Research upgraded shares of Flowers Foods from a “strong sell” rating to a “hold” rating in a report on Thursday. Weiss Ratings cut shares of Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. BNP Paribas Exane lowered their price target on shares of Flowers Foods from $10.00 to $8.00 and set an “underperform” rating on the stock in a report on Thursday, April 9th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Flowers Foods from $11.00 to $7.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Five research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $9.60.
Read Our Latest Stock Report on FLO
Insider Buying and Selling at Flowers Foods
In other news, CEO Ryals Mcmullian sold 209,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $8.03, for a total value of $1,678,270.00. Following the sale, the chief executive officer directly owned 813,380 shares in the company, valued at approximately $6,531,441.40. This trade represents a 20.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 7.23% of the company’s stock.
More Flowers Foods News
Here are the key news stories impacting Flowers Foods this week:
- Positive Sentiment: Flowers Foods beat Q1 earnings estimates, reporting $0.29 per share versus $0.28 expected, and revenue grew 1.1% year over year. The earnings beat helped offset concerns about slower volume trends. Article Title
- Positive Sentiment: Management is emphasizing debt reduction and cost control, with leverage targeted below 3x by fiscal 2027. Investors appear encouraged that freeing up cash could support future buybacks or a re-rating of the stock. Article Title
- Neutral Sentiment: The company also launched a refreshed Nature’s Own brand and a “simpler recipe” marketing push, which could help demand over time but is not yet a near-term financial catalyst. Article Title
- Negative Sentiment: Q1 profit declined from a year ago and the company cut its dividend by 50%, signaling pressure from higher costs and a shift to preserve cash for balance-sheet repair. Article Title
- Negative Sentiment: Revenue came in slightly below estimates and volumes were soft, suggesting that pricing and acquisition-related growth are only partially offsetting weakness in the core bread business. Article Title
Hedge Funds Weigh In On Flowers Foods
Several hedge funds and other institutional investors have recently modified their holdings of FLO. Wilmington Savings Fund Society FSB raised its position in shares of Flowers Foods by 225.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 2,400 shares of the company’s stock valued at $31,000 after purchasing an additional 1,663 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Flowers Foods by 64.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,555 shares of the company’s stock valued at $41,000 after purchasing an additional 1,001 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of Flowers Foods in the 3rd quarter valued at approximately $58,000. Kestra Advisory Services LLC purchased a new position in shares of Flowers Foods in the 4th quarter valued at approximately $68,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Flowers Foods by 140.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,061 shares of the company’s stock valued at $81,000 after purchasing an additional 2,958 shares during the last quarter. 75.45% of the stock is owned by hedge funds and other institutional investors.
Flowers Foods Company Profile
Flowers Foods, Inc is one of the largest producers of packaged bakery foods in the United States, offering a variety of fresh bread, buns, rolls, snack cakes and tortillas. Headquartered in Thomasville, Georgia, the company operates an extensive network of bakeries and distribution centers that serve retail grocery chains, convenience stores, mass merchandisers and foodservice customers nationwide. Flowers Foods markets its products under well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Mrs.
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