Flowers Foods (NYSE:FLO) Announces Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Flowers Foods (NYSE:FLO) announced its earnings results on Thursday. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.05), FiscalAI reports. Flowers Foods had a return on equity of 14.91% and a net margin of 1.06%. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Flowers Foods updated its FY 2026 guidance to 0.630-0.680 EPS.

Flowers Foods Trading Down 4.6%

Shares of Flowers Foods stock traded down $0.28 during trading hours on Thursday, hitting $5.96. The company’s stock had a trading volume of 12,241,831 shares, compared to its average volume of 6,508,466. The company has a quick ratio of 0.57, a current ratio of 0.77 and a debt-to-equity ratio of 0.97. Flowers Foods has a 1-year low of $5.40 and a 1-year high of $12.14. The company has a market capitalization of $1.26 billion, a PE ratio of 22.94 and a beta of 0.38. The business has a fifty day moving average of $6.11 and a 200 day moving average of $7.86.

Flowers Foods Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were given a $0.1250 dividend. This represents a $0.50 annualized dividend and a dividend yield of 8.4%. The ex-dividend date of this dividend was Friday, September 11th. Flowers Foods’s dividend payout ratio (DPR) is 192.31%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on FLO. Stephens dropped their target price on shares of Flowers Foods from $6.00 to $5.50 and set an “equal weight” rating on the stock in a report on Monday, November 2nd. Jefferies Financial Group decreased their target price on shares of Flowers Foods from $7.00 to $6.00 and set a “hold” rating for the company in a research note on Tuesday, October 6th. Zacks Research upgraded shares of Flowers Foods from a “strong sell” rating to a “hold” rating in a research report on Monday. BNP Paribas Exane dropped their price target on Flowers Foods from $6.50 to $5.00 and set an “underperform” rating for the company in a research report on Wednesday, October 7th. Finally, Weiss Ratings downgraded shares of Flowers Foods from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, October 16th. Five analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Flowers Foods currently has a consensus rating of “Reduce” and a consensus target price of $6.70.

Insider Activity at Flowers Foods

In other Flowers Foods news, insider Cindy Cox sold 4,400 shares of the stock in a transaction on Thursday, October 8th. The shares were sold at an average price of $5.89, for a total transaction of $25,916.00. Following the transaction, the insider directly owned 41,030 shares in the company, valued at $241,666.70. This represents a 9.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 7.23% of the company’s stock.

About Flowers Foods

Flowers Foods, Inc. is a U.S. bakery company that produces and markets packaged breads, buns, rolls, snack cakes and other baked goods. Its products are sold under brands including Nature’s Own, Dave’s Killer Bread, Wonder, Tastykake, Canyon Bakehouse and Mrs. Freshley’s. Founded in 1919 in Thomasville, Georgia, the company has grown from a local bakery into a national producer of baked goods. Flowers Foods serves consumers across the United States through grocery stores and other retail channels, using a mix of direct-store delivery and warehouse distribution.