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Flowers Foods, Inc. saw sales drop 4.7% to $1.169 billion and profit fall 63.6% to $14.4 million last quarter.

ResultsRead the original at SEC EDGAR
Bad for FLO

Flowers Foods reported 4.7% lower sales and 63.6% lower net income, then cut its full-year profit forecast. Nature's Own improved, but slower progress and falling sales volume make the overall report negative.

FLO · Flowers Foods, Inc.

AI read · Bad for FLO

The AI's read

Fewer products sold, higher delivery costs, and more purchases from outside suppliers hurt profit. Nature’s Own is improving, but progress is slower than expected and bread sales remain difficult. The company also cut its full-year expectations, so those signs of progress do not outweigh the weaker results.

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