Flowers Foods Q3 2026 Results and Guidance Update
Flowers Foods Inc. (NYSE:FLO) posted third‑quarter 2026 adjusted earnings per share of $0.10, falling short of the Wall Street consensus of $0.15 by $0.05. Net revenue for the quarter declined 4.7% year‑over‑year to $1.17 billion, missing the $1.19 billion estimate and down from $1.23 billion in the comparable period of 2025.
Branded retail net sales slipped 5.1% to $772.1 million, reflecting an 8.6% decline in volume that was partially offset by a 3.5% favorable pricing and mix effect. Adjusted EBITDA contracted 33.2% to $78.9 million, representing 6.8% of net sales.
The company trimmed its full‑year 2026 adjusted EPS outlook to a range of $0.63‑$0.68, compared with the prior consensus of $0.77, a midpoint shortfall of roughly 15%. The revenue outlook was also lowered to $5.016‑$5.063 billion, versus the consensus estimate of $5.076 billion.
Chairman and CEO Ryals McMullian said the results reflect a “continued challenging operating environment, driven by pressure on household budgets, evolving consumer behavior and heightened promotional activity.” He added that the relaunch of the Nature’s Own brand is showing encouraging sequential trends, though progress is slower than expected.
Management identified lower sales volume, increased marketing spend, higher logistics costs and greater reliance on outside purchases of product as primary margin‑pressuring factors during the quarter.
Following the release, Flowers Foods’ shares fell approximately 9% in after‑hours trading.