Flowers Foods cuts FY25 adjusted EPS view to $1.00-$1.10 from $1.05-$1.15

FY25 consensus $1.09. Sees adjusted diluted EPS of approximately $1.00 to $1.10, compared to prior guidance of $1.05 to $1.15. “Excluding the Simple Mills acquisition, we expect adjusted diluted EPS of $1.08 to $1.17, compared to prior guidance of $1.13 to $1.22. The partial-year contribution of the Simple Mills acquisition to adjusted diluted EPS is expected to be ($0.08) to ($0.07), consistent with prior guidance. The 53rd week is expected to contribute approximately $0.02 to adjusted diluted EPS. “Cuts FY25 revenue view to $5.239B-$5.308B from $5.297B-$5.395B, consensus $5.31B. “Excluding the Simple Mills acquisition, we expect net sales of approximately $5.021 billion to $5.083 billion, representing a change of -1.6% to -0.4% compared to the prior year. Prior guidance, excluding the Simple Mills acquisition, called for net sales of approximately $5.079 billion to $5.170 billion, representing a change of -0.5% to 1.3% compared to the prior year. The partial-year benefit of the Simple Mills acquisition is expected to contribute $218 million to $225 million to net sales, consistent with prior guidance. The 53rd week is expected to contribute $70 million to $80 million to net sales.”