Flowers Foods Inc. is scheduled to release second-quarter earnings after the market close on August 20, with Wall Street anticipating flat revenue growth and a 21.6% decline in earnings per share compared with the prior year.
The Thomasville, Georgia-based bakery operator, whose brands include Nature’s Own, Dave’s Killer Bread and Wonder, is projected to post revenue of $1.24 billion for the quarter ended June 2026, down roughly 21% from the first quarter’s $1.57 billion. Analysts expect earnings of $0.24 per share, an improvement from the $0.20 reported in the prior quarter but a decline from $0.31 in the same period last year.
The company reset its quarterly dividend to $0.125 per share earlier this year to prioritize debt reduction, following softer top-line results attributed to challenging macroeconomic conditions. Flowers Foods reported first-quarter revenue of $1.57 billion, up 1.1% year-over-year, meeting expectations.
Gross margin stood at 48.72%, while operating income contracted 5.6% over the trailing period. The stock, trading at $7.46, carries a forward price-to-earnings ratio of 8.9 and a trailing P/E of 21.7. Wall Street’s consensus remains neutral, with a mean price target of $8.80 implying approximately 18% upside from current levels. The shares have traded between $6.80 and $15.98 over the past 52 weeks.
Earnings per share estimates have edged lower by 1.11% over the past two months, though they have remained flat over the past week.
