Flowers Foods cuts 2026 outlook after second-quarter net income falls 30.3%

Flowers Foods, Inc. (NYSE: FLO) shares fell 4.4% to $6.81 in premarket trading after the packaged-bread producer reported second-quarter adjusted earnings of $0.21 per share, below the $0.23 analyst consensus estimate, and lowered its fiscal 2026 outlook. Net sales were $1.193 billion, also below the $1.228 billion consensus estimate. For the 12-week period ended July 18, 2026, net sales declined 4.0% from a year earlier as favorable pricing and mix was more than offset by lower volume. Net income fell 30.3% to $40.7 million, or $0.19 per diluted share, while adjusted net income decreased 30.5% to $44.1 million and adjusted diluted EPS fell to $0.21. Adjusted EBITDA declined 19.2% to $111.3 million. Flowers Foods lowered its 52-week fiscal 2026 forecast to net sales of approximately $5.070 billion to $5.142 billion, adjusted EBITDA of approximately $453 million to $481 million, and adjusted diluted EPS of approximately $0.75 to $0.85. Shares of OSI Systems, Aveanna Healthcare, Ecarx Holdings, Alibaba Group, A Paradise Acquisition, Mesoblast, Lyntris, Renatus Tactical Acquisition I and Robo.ai also fell in premarket trading for company-specific or post-rally reasons.

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