Core Points - Flowers Foods, Inc. has elected Sterling A. Spainhour to its board of directors, effective October 1, 2025, where he will serve on the audit and finance committees [1][2][3] Company Overview - Flowers Foods, Inc. is one of the largest producers of packaged bakery foods in the United States, with net sales of $5.1 billion in 2024 [4] - The company operates bakeries nationwide, producing a variety of bakery products under brands such as Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake [4] Board Member Profile - Sterling A. Spainhour brings over 30 years of experience, including roles at Southern Company, Jones Day, and CNN, with expertise in M&A, legal matters, and corporate governance [3] - Spainhour holds degrees in political science, business administration, and law from the University of North Carolina – Chapel Hill and Duke University [3] - He is also a board member of several organizations, including Gray Media and Emory Healthcare Network [3] Strategic Implications - The addition of Spainhour is expected to enhance the board's composition and support the company's strategic priorities aimed at increasing shareholder value [3]

Company Announcement - Flowers Foods, Inc. announced the retirement of Steve Kinsey, the chief financial officer, after 36 years of service, with the last 18 years in the CFO role [1][2] - The company has begun the search for Kinsey's successor with a leading executive search firm and he is expected to serve in an advisory role post-retirement to ensure a smooth transition [1] Leadership Perspective - Ryals McMullian, chairman and CEO, expressed gratitude for Kinsey's leadership and commitment, highlighting his legacy of integrity and excellence [2] - Kinsey reflected on his career at Flowers, emphasizing the honor of working with a talented team and confidence in their ability to continue driving shareholder value [2] Company Overview - Flowers Foods, headquartered in Thomasville, Georgia, is one of the largest producers of packaged bakery foods in the U.S., reporting net sales of $5.1 billion in 2024 [3] - The company operates bakeries nationwide and produces a variety of bakery products under well-known brands such as Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake [3]

Core Insights - Flowers Foods, Inc. reported a 1.5% increase in net sales to $1.243 billion for the second quarter ended July 12, 2025, driven by the acquisition of Simple Mills, despite declines in traditional loaf sales and a competitive environment [7][8][9] - The company is focusing on innovation and mergers and acquisitions to align its portfolio with consumer demand for healthier and value-oriented products [2][3] - Revised guidance for 2025 reflects lower-than-expected revenues, with net sales projected between $5.239 billion and $5.308 billion, indicating a growth of 2.7% to 4.0% compared to the previous year [9] Financial Performance - Net income decreased by 12.8% to $58.4 million, representing 4.7% of sales, primarily due to increased outside purchases and higher workforce-related costs [8][14] - Adjusted net income fell 16.0% to $63.4 million, with adjusted diluted EPS decreasing to $0.30 [8][33] - Adjusted EBITDA decreased by 4.0% to $137.7 million, representing 11.1% of net sales [8][32] Sales Breakdown - Branded Retail net sales increased by 5.0% to $826.7 million, aided by the Simple Mills acquisition, while other sales decreased by 4.9% to $416.1 million due to softer volumes [7][26] - The Simple Mills acquisition contributed $61.4 million in net sales but incurred a net loss of $2.1 million [8][14] Cost Structure - Materials, supplies, labor, and other production costs were 51.2% of net sales, a 110-basis point increase, primarily due to higher outside purchases and lower production volumes [14] - Selling, distribution, and administrative expenses were 38.1% of net sales, a decrease of 40 basis points, attributed to lower distributor fees [14] Future Outlook - The company expects adjusted diluted EPS for the full year to be in the range of $1.00 to $1.10, reflecting a downward revision from previous guidance [9][34] - The partial-year benefit of the Simple Mills acquisition is anticipated to contribute approximately $218 million to $225 million to net sales [9]

Core Insights - Flowers Foods, Inc. will report its second quarter 2025 financial results on August 15, 2025, at 7:00 a.m. Eastern Time [1] - A live question and answer webcast will follow at 8:30 a.m. Eastern Time on the same day [1] Company Overview - Flowers Foods, Inc. is one of the largest producers of packaged bakery foods in the United States, with 2024 sales reaching $5.1 billion [2] - The company operates bakeries nationwide, producing a diverse range of bakery products [2] - Key brands under Flowers Foods include Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake [2]

Core Viewpoint - Flowers Foods, Inc. is set to report its first quarter 2025 financial results on May 16, 2025, with a live Q&A webcast scheduled for the same day [1]. Group 1: Company Overview - Flowers Foods, Inc. is headquartered in Thomasville, Georgia, and is one of the largest producers of packaged bakery foods in the United States [2]. - The company reported sales of $5.1 billion in 2024 [2]. - Flowers Foods operates bakeries across the country, producing a wide range of bakery products [2]. - Notable brands under Flowers Foods include Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake [2].