Flowers Foods Cuts Annual Outlook As Tariffs Bite Into Profit - Flowers Foods (NYSE:FLO)
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Flowers Foods Cuts Annual Outlook As Tariffs Bite Into Profit - Flowers Foods (NYSE:FLO)
Flowers Foods, Inc. (NYSE:FLO) reported first-quarter adjusted earnings per share of 35 cents, missing the analyst consensus estimate of 38 cents. Quarterly sales of $1.55 billion (down 1.4% year over year) missed the analyst consensus estimate of $1.60 billion. Adjusted EBITDA increased 1.6% to $162.0 million, representing 10.4% of net sales, a 30-basis point increase. The company said it had completed the acquisition of Simple Mills, which con…
·New York, United States
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Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
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