Packaged bakery food company Flower Foods (NYSE: FLO) will be announcing earnings results this Thursday afternoon. Here’s what you need to know.
Flowers Foods missed analysts’ revenue expectations by 2% last quarter, reporting revenues of $1.24 billion, up 1.5% year on year. It was a slower quarter for the company, with a miss of analysts’ EBITDA estimates and a miss of analysts’ organic revenue estimates.
Is Flowers Foods a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Flowers Foods’s revenue to grow 3.4% year on year to $1.23 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.23 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.
Looking at Flowers Foods’s peers in the perishable food segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Vital Farms delivered year-on-year revenue growth of 37.2%, beating analysts’ expectations by 3.7%, and Pilgrim's Pride reported revenues up 3.8%, topping estimates by 0.8%. Pilgrim's Pride’s stock price was unchanged following the results.
Read our full analysis of Vital Farms’s results here and Pilgrim's Pride’s results here.
The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the perishable food stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 6.3% on average over the last month. Flowers Foods is down 5.8% during the same time and is heading into earnings with an average analyst price target of $15.14 (compared to the current share price of $12.05).
P.S. In tech investing, "Gorillas" are the rare companies that dominate their markets—like Microsoft and Apple did decades ago. Today, the next Gorilla is emerging in AI-powered enterprise software. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
