Q2 25 EPS
$0.30
BEAT +1.83%
Est. $0.29
Q2 25 Revenue
$1.24B
MISS 1.87%
Est. $1.27B
vs S&P Since Q2 25
-63.5%
TRAILING MARKET
FLO -47.4% vs S&P +16.1%
Market Reaction
Did FLO Beat Earnings? Q2 2025 Results
Flowers Foods delivered a narrow earnings beat in the second quarter of fiscal 2025, but the headline figure masked a deteriorating organic business that prompted the company to cut its full-year outlook for the second time this year. The bakery grou… Read more Flowers Foods delivered a narrow earnings beat in the second quarter of fiscal 2025, but the headline figure masked a deteriorating organic business that prompted the company to cut its full-year outlook for the second time this year. The bakery group posted adjusted diluted EPS of $0.30, edging past the $0.29 consensus estimate by 3.45%, while net sales rose 1.5% to $1.24 billion, a gain driven entirely by the February acquisition of Simple Mills, which contributed $61.40 million to the top line. Strip out that acquisition tailwind and the picture darkens considerably, with organic volume falling 2.4% and pricing and mix declining 1.2% as traditional loaf bread sales softened amid what management described as an increasingly intense competitive environment. Profitability felt the strain as well, with adjusted EBITDA declining 4.0% to $137.68 million and higher interest expense tied to acquisition debt weighing on the bottom line. Looking ahead, Flowers Foods trimmed its full-year adjusted diluted EPS guidance to $1.00 to $1.10 and reduced its net sales outlook to $5.24 billion to $5.31 billion, citing persistent competitive pressures and sluggish bread demand.
Key Takeaways
- • Simple Mills acquisition contributed 5.1 percentage points to net sales growth
- • Pricing/mix declined 1.2% and volume declined 2.4%
- • Softness in traditional loaf bread sales
- • More-intense competitive environment
- • Higher outside purchases of product increased production costs as a percentage of sales by 110 basis points
- • Increased workforce-related costs
- • Higher net interest expense of $10.1 million due to acquisition-related debt
- • Lower distributor distribution fees reduced SD&A as percentage of sales
FLO YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
FLO Revenue by Segment
With YoY comparisons, source: SEC Filings
“Macroeconomic uncertainty and shifting consumer demand have continued to pressure the bread category, but our portfolio strategy has shown promise in offsetting those headwinds.”
— Ryals McMullian, Q2 2025 Earnings Press Release
FLO Earnings Trends
FLO vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FLO EPS Trend
Earnings per share: estimate vs actual
FLO Revenue Trend
Quarterly revenue: estimate vs actual
FLO Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.27 | $0.29 | +8.17% | $1.57B | -0.43% |
| Q4 25 BEAT FY | $0.15 | $0.22 | +45.60% | $1.23B | +0.19% |
| FY Full Year | — | $1.09 | — | $5.26B | — |
| Q3 25 MISS | $0.23 | $0.23 | -1.41% | $1.23B | -0.25% |
| Q2 25 BEAT | $0.29 | $0.30 | +1.83% | $1.24B | -1.87% |
| Q1 25 MISS | $0.37 | $0.35 | -6.27% | $1.55B | -2.84% |