Flowers Foods Q3 sales fall on challenging consumer environment; lowers FY guidance
FLO•Flowers Foods' Q3 sales fell 4.7% to $1.17 billion and adjusted EPS was $0.10. The company cut its 2026 net sales outlook to $5.016 billion-$5.063 billion and adjusted diluted EPS forecast to $0.63-$0.68.
1. Quarterly results
Flowers Foods reported Q3 sales of $1.17 billion, down 4.7% and slightly below analyst expectations of $1.18 billion. Adjusted EPS was $0.10, missing the $0.15 consensus estimate and declining sharply year over year.
2. Lower 2026 outlook
The company cut its 2026 net sales outlook to $5.016 billion-$5.063 billion from $5.070 billion-$5.142 billion. It lowered its adjusted EBITDA forecast to $415 million-$430 million from $453 million-$481 million, and its adjusted diluted EPS outlook to $0.63-$0.68 from $0.75-$0.85.
3. Factors affecting results
Lower sales volume, especially in branded retail, more than offset favorable pricing and mix. Flowers Foods cited increased marketing investment, higher logistics costs, greater outside product purchases, pressure on household budgets, evolving consumer behavior and heightened promotional activity.
