Flowers Foods reports Q2 EPS, sales below estimates
Flowers Foods reported Q2 adjusted EPS of $0.21 versus $0.22 estimated, Q2 sales of $1.193 billion versus $1.228 billion estimated, and narrowed FY sales and adjusted EPS outlook ranges.
FLO Flowers Foods RESULTS: Q2, Q2 ADJ Net Income $44.1M, Q2 Net Income $40.7M, Q2 EPS $0.19, Q2 ADJ EPS $0.21 vs.
EST $0.22, Q2 sales $1.193B vs.
EST $1.228B, Q2 ADJ EBITDA $111.3M, Flowers Foods Earnings Notes:, Outlook FY sales $5,070-5.142B vs.
EST $5.161B, Outlook FY ADJ EPS $0.75-0.85 vs.
EST $0.83, Outlook FY ADJ EBITDA $453-481M