| Line Item | 2026-04-25 | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.57B | — | — |
| SG&A Expense | $642.9M | — | — |
| Operating Income | $79.8M | — | — |
| Interest Expense | $24.7M | — | — |
| Pre-tax Income | $60.1M | — | — |
| Income Tax | $18.0M | — | — |
| Net Income | $42.1M | — | — |
| Line Item | 2026-04-25 | Q/Q | Y/Y |
|---|---|---|---|
| Cash & Equivalents | $11.5M | — | +56.9% |
| Inventory | $199.5M | — | -3.7% |
| Current Assets | $761.5M | — | +6.5% |
| Total Assets | $4.18B | — | -3.4% |
| Current Liabilities | $988.2M | — | +73.8% |
| Long-term Debt | $1.72B |
| Line Item | 2026-04-25 | Q/Q | Y/Y |
|---|---|---|---|
| Operating Cash Flow | $107.9M | — | — |
| Capital Expenditures | $20.6M | — | — |
| Investing Cash Flow | -$19.6M | — | — |
| Financing Cash Flow | -$88.8M | — | — |
| Free Cash Flow | $87.2M | — | — |
Business Overview
Flowers Foods, Inc. is a baking company that operates through its legacy Flowers Foods business and Simple Mills segment, which it acquired during the period. The company is executing a business transformation strategy that includes an enterprise resource planning (ERP) system upgrade, investments in e-commerce and autonomous planning, and optimization of its brand portfolio and supply chain capacity, including the closure of its Bailey Street Bakery in Atlanta.
Segment Performance
The company reports one operating segment combining legacy Flowers Foods and Simple Mills. For the sixteen weeks ended April 25, 2026, net sales were $1,571,577 thousand compared to $1,554,230 thousand in the prior year period, representing a modest increase. Income from operations declined to $79,812 thousand from $85,133 thousand, with net income decreasing to $42,055 thousand from $52,998 thousand, impacted by higher production costs, increased selling/distribution/administrative expenses, and restructuring charges of $1,652 thousand.
Forward Guidance
The forward-looking statements section indicates the company's expectations are "subject to risks and uncertainties that could cause our actual results to differ materially from those projected." The company states it will "continue" certain strategic initiatives and "expects to" adjust pricing to offset inflationary pressure, but provides no specific financial guidance, targets, or outlook metrics for future periods.
Key Risk Factors
Key risks include competitive pressures and changes in consumer demand (including shifts toward store brands and away from fresh packaged bread); supply chain disruptions affecting raw materials, energy, and packaging costs; the ability to execute business strategies including the Simple Mills acquisition integration and ERP system deployment; potential adverse rulings regarding independent distributor partner classifications affecting the direct-store-delivery model; and macroeconomic factors such as inflation, tariffs, interest rates, and labor costs that could impact pricing power and margins.
| EPS (Basic) | $0.20 | — | — |
| EPS (Diluted) | $0.20 | — | — |
| — |
| -3.7% |
| Stockholders' Equity | $1.30B | — | -8.0% |