THOMASVILLE, Ga., February 12, 2026 – Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company’s 13-week fourth quarter and 53-week fiscal year ended January 3, 2026.
Fourth Quarter Summary:
Compared to the prior year fourth quarter where applicable
- Net sales(1) increased 11.0% to $1.233 billion as the extra week, Simple Mills acquisition benefit, and higher price/mix more than offset volume declines.
- Net income decreased $110.2 million to a net loss of $67.1 million, primarily due to a $136.0 million non-cash impairment of intangible assets. Adjusted net income(2) decreased 1.5% to $45.8 million.
- Adjusted EBITDA(2) increased 14.7% to $117.4 million, representing 9.5% of net sales, a 30-basis point increase.
- Diluted EPS decreased $0.52 to a net loss per share of $0.32. Adjusted diluted EPS(2) was consistent with the prior year period at $0.22. The additional week contributed $0.02.
- Simple Mills contributed $57.5 million in net sales, net loss of $6.2 million, $6.3 million to adjusted EBITDA(2), and ($0.03) to diluted EPS(2).
Fiscal 2025 Summary:
Compared to the prior year where applicable
- Net sales(1) increased 3.0% to $5.256 billion as the 53rd week and Simple Mills acquisition benefit more than offset volume declines and lower price/mix.
- Net income decreased 66.2% to $83.8 million, representing 1.6% of sales, a 330-basis point decrease, primarily due to a $136.0 million non-cash impairment of intangible assets. Adjusted net income(2) decreased 14.7% to $231.6 million.
- Adjusted EBITDA(2) decreased 0.6% to $535.2 million, representing 10.2% of net sales, a 40-basis point decrease.
- Diluted EPS decreased $0.77 to $0.40. Adjusted diluted EPS(2) decreased $0.19 to $1.09. The additional week contributed $0.02.
- Simple Mills contributed $213.9 million in net sales, net loss of $14.4 million, $32.0 million to adjusted EBITDA(2), and ($0.07) to diluted EPS(2).
Chairman and CEO Remarks:
“Flowers concluded 2025 on a positive note driven by the strong performance of our leading brands,” said Ryals McMullian, chairman and CEO of Flowers Foods. “Our disciplined execution of efficiency initiatives produced results at the high end of our guidance range. We remain committed to implementing further enhancements to drive improved results as we navigate ongoing category challenges.
“Looking ahead to 2026, we anticipate these category headwinds, combined with one fewer week of operations, will result in financial performance below 2025 levels. In response, we are conducting a comprehensive review of our operations, including our brand portfolio, supply chain, and financial strategy. Our leading brands and strong cash flow position us well as we undertake this operational review. We are confident it will drive category outperformance and enhance long-term value for our shareholders.”