Flowers Foods, Inc. Q1 2026 Earnings Release

Flowers Foods, Inc. reported first quarter 2026 results with net sales increasing by 1.1% to $1.572 billion, primarily driven by the Simple Mills acquisition and pricing/mix strategies, which offset volume declines. However, net income decreased by 20.6% to $42.1 million, attributed to a challenging consumer environment and increased interest expenses, partially mitigated by lower ingredient costs and prior year plant closure expenses. Adjusted EBITDA also saw a slight decrease of 1.8% to $159.0 million. The company reaffirmed its full-year 2026 guidance, expecting net sales between $5.163 billion and $5.267 billion, and adjusted diluted EPS between $0.80 and $0.90. The board declared a quarterly dividend of $0.1250 per share, resetting the annualized dividend to $0.50 per share to prioritize debt reduction while continuing strategic investments.