Overview

* Flowers Foods ( FLO ) Q3 net sales rise 3% to $1.227 bln, meeting analyst expectations

* Adjusted EPS for Q3 meets analyst expectations at $0.23

* Net income for Q3 falls 39.2% due to higher interest expenses

Outlook

* Company forecasts 2025 adjusted EBITDA of $515 mln to $532 mln

* Flowers Foods ( FLO ) anticipates 2025 adjusted EPS of $1.02 to $1.08

Result Drivers

* SIMPLE MILLS ACQUISITION - Contributed $70.7 mln to net sales, offsetting pricing/mix and volume declines

* CHALLENGING ENVIRONMENT - Higher interest expense and consumer challenges led to a 39.2% decrease in net income

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Meet $1.23 $1.23

bln bln (8

Analysts

)

Q3 Meet $0.23 $0.23 (6

Adjusted Analysts

EPS )

Q3 EPS $0.19

Q3 $48.70

Adjusted mln

Net

Income

Q3 Net $39.50

Income mln

Q3 $118.10

Adjusted mln

EBITDA

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the food processing peer group is "buy."

* Wall Street's median 12-month price target for Flowers Foods Inc ( FLO ) is $15.00, about 19.3% above its November 5 closing price of $12.10

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)