Flowers Foods Shares Fall 9% Following Q3 Earnings Miss and Lowered Revenue Guidance
Flowers Foods (FLO) reported third-quarter non-GAAP earnings per share of $0.10, missing analyst expectations by $0.05. The company also saw a significant decline in revenue, which totaled $1.17 billion, representing a 4.9% year-over-year decrease and falling $10 million short of consensus estimates. In response to the quarterly performance, the company issued revised guidance for its 52-week fiscal 2026 outlook. Net sales are now projected to be between approximately $5.016 billion and $5.063 billion. The combination of the earnings miss and the softened forward-looking guidance led to a 9% drop in the company's stock price.
Tickers: $FLO
Topics: eps miss guidance revision quarterly earnings revenue miss
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