Flowers Foods Inc (FLO) reported earnings for second quarter that Decreased from last year but beat the Street estimates.
The company's bottom line came in at $58.37 million, or $0.28 per share. This compares with $66.97 million, or $0.32 per share, last year.
Excluding items, Flowers Foods Inc reported adjusted earnings of $63.42 million or $0.30 per share for the period.
Analysts on average had expected the company to earn $0.29 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.5% to $1.242 billion from $1.224 billion last year.
Flowers Foods Inc earnings at a glance (GAAP) :
-Earnings: $58.37 Mln. vs. $66.97 Mln. last year.-EPS: $0.28 vs. $0.32 last year.-Revenue: $1.242 Bln vs. $1.224 Bln last year.
-Guidance:Full year EPS guidance: $1.00 - $1.10Full year revenue guidance: $5.239 - $5.308 Bln
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.