Flowers Foods Cuts Annual Outlook As Tariffs Bite Into Profit
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Earnings Report: Flowers Foods, Inc. reported first-quarter adjusted earnings per share of 35 cents, missing estimates, with quarterly sales down 1.4% year over year at $1.55 billion. The company also experienced a 27.4% decrease in net income to $53 million.
Outlook and Guidance: The company lowered its FY2025 GAAP EPS guidance to $0.95-$1.05 and cut its sales outlook to $5.30-$5.39 billion, reflecting challenges in the consumer environment and increased tariff costs.
Analyst Views on FLO
Wall Street analysts forecast FLO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLO is 12.50 USD with a low forecast of 12.00 USD and a high forecast of 13.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 10.980
Low
12.00
Averages
12.50
High
13.00
Current: 10.980
Low
12.00
Averages
12.50
High
13.00
About FLO
Flowers Foods, Inc. is a producer and marketer of packaged bakery foods in the United States. The Company operates bakeries across the country that produce a wide range of bakery products. Its principal products include breads, buns, rolls, snack items, bagels, English muffins, and tortillas and are sold under a variety of brand names, including Nature’s Own, Dave’s Killer Bread (DKB), Wonder, Canyon Bakehouse, Tastykake, and Mrs. Freshley’s. Its brands and products are sold through various channels throughout the United States. These channels include supermarkets, drugstores, mass merchandisers, discount stores, club stores, convenience stores, thrift outlet stores, and foodservice, among others. It also supplies national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries with breads and rolls; sells packaged bakery products to wholesale distributors for ultimate sale to a wide variety of food outlets; and sells packaged snack cakes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
