Flowers Foods (NYSE:FLO) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Market Beat
2026.05.21 20:35
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Flowers Foods (NYSE:FLO) reported quarterly earnings of $0.29 EPS, beating estimates by $0.01. Revenue was $1.57 billion, slightly below the $1.58 billion forecast. The company updated its FY 2026 EPS guidance to 0.800-0.900. Flowers Foods cut its annual dividend to $0.50 per share to improve financial flexibility. Analysts have downgraded the stock, with a consensus target price of $9.60. CEO Ryals Mcmullian sold 209,000 shares, reducing his ownership by 20.44%.