Flowers Foods Inc. Q1 2025: Net Sales Down 1.4%, Net Income Drops 27.4%, EPS Declines $0.09

Reuters
05-16
Flowers Foods Inc. Q1 2025: Net Sales Down 1.4%, Net Income Drops 27.4%, EPS Declines $0.09

Flowers Foods Inc. reported financial results for the first quarter of 2025, which ended on April 19. The company's net sales decreased by 1.4% to $1.554 billion, as the benefits from the acquisition of Simple Mills were more than offset by declines in pricing/mix and volume. Net income for the quarter fell by 27.4% to $53.0 million, accounting for 3.4% of sales. This decline was primarily due to reduced sales, higher SD&A expenses, and increased interest expenses, although there was a partial offset from moderating ingredient costs. Adjusted net income decreased by 8.2% to $73.7 million. The company's adjusted EBITDA, however, saw a slight increase of 1.6% to $162.0 million, representing 10.4% of net sales. The acquisition of Simple Mills contributed $24.3 million to net sales but resulted in a net loss of $4.2 million. Moving forward, for the 53-week fiscal year 2025, Flowers Foods expects net sales to be between $5.297 billion and $5.395 billion, indicating a growth of 3.8% to 5.7% compared to the prior year. Excluding the Simple Mills acquisition, expected net sales range from $5.079 billion to $5.170 billion, showcasing a growth range of -0.5% to 1.3% compared to the previous year. The Simple Mills acquisition is anticipated to contribute between $218 million and $225 million to net sales for the year. Additionally, the 53rd week is projected to add $70 million to $80 million to the company's net sales.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flowers Foods Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL88603) on May 16, 2025, and is solely responsible for the information contained therein.

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