FLOWERS FOODS, INC. REPORTS THIRD QUARTER 2025 RESULTS

Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company’s 12-week third quarter ended October 4, 2025.

Third Quarter Summary:
Compared to the prior year third quarter where applicable

  • Net sales(1) increased 3.0% to $1.227 billion as the Simple Mills acquisition benefit more than offset pricing/mix and volume declines.
  • Net income decreased 39.2% to $39.5 million, representing 3.2% of sales, a 230-basis point decrease, primarily due to a challenging consumer environment combined with higher interest expense. Adjusted net income(2) decreased 29.8% to $48.7 million.
  • Adjusted EBITDA(2) decreased 11.4% to $118.1 million, representing 9.6% of net sales, a 160-basis point decrease.
  • Diluted EPS decreased $0.12 to $0.19. Adjusted diluted EPS(2) decreased $0.10 to $0.23.
  • Simple Mills contributed $70.7 million in net sales, net loss of $2.0 million, $11.1 million to adjusted EBITDA(2), and ($0.01) to diluted EPS(2).

Chairman and CEO Remarks:
“Flowers’ leading brands continue to demonstrate strong relative performance amid ongoing challenges in the bread category,” said Ryals McMullian, chairman and CEO of Flowers Foods. “Our proactive efforts to strategically align our portfolio with consumer demand are yielding positive results. By successfully targeting areas of opportunity with differentiated offerings of better-for-you and value-oriented products, we are driving growth even in segments of our category that are under pressure.

“To reflect greater certainty as we enter the fourth quarter, we are narrowing our 2025 financial outlook. Our commitment to innovation and focus on leveraging our strong portfolio of brands position us well to optimize current results while laying the groundwork for future growth. I am proud of our team’s strong execution as we advance our strategic initiatives to enhance long-term performance and deliver value to shareholders.”

About Flowers Foods
Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2024 net sales of $5.1 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company’s top brands are Nature’s Own, Dave’s Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. Learn more at www.flowersfoods.com.


Investor Contact: Eric Jacobson, InvestorRelations@flocorp.com
Media Contact: flowersfoods.com/contact