Reported 1 day ago
Flowers Foods, Inc. reported a first-quarter adjusted earnings per share of 35 cents, missing analyst expectations, alongside quarterly sales of $1.55 billion, also below estimates. The company's net income dropped 27.4% to $53 million, and it reduced its FY2025 guidance for both EPS and sales due to increased tariff costs and challenging consumer conditions. CEO Ryals McMullian emphasized ongoing investments in brand strength and innovation to navigate economic uncertainties.
Source: YAHOO