Flowers Foods(US:FLO)2025-08-15 12:30Financial Performance - Net sales increased by 1.5% to $1.243 billion compared to the previous year, driven by the Simple Mills acquisition[8, 11] - Net income decreased by 12.8% to $58.4 million, primarily due to lower operating income and higher net interest expense[8, 15] - Adjusted EBITDA decreased by 4.0% to $137.7 million, with a margin of 11.1%, down 60 bps from the previous year's 11.7%[8, 9, 16] - GAAP diluted EPS decreased by $0.04 to $0.28, while adjusted diluted EPS decreased by $0.06 to $0.30[8] Sales Analysis - Branded Retail net sales increased by 5.0%, offset by volume declines and unfavorable price/mix[11] - Other net sales decreased by 4.9% due to softer volumes in store branded retail sales and non-retail sales from margin optimization strategies[11] - Volume decreased by 2.4%, and price/mix decreased by 1.2%[8] - The acquisition contributed to a 5.1% increase in net sales[8] Fiscal Year 2025 Guidance - Net sales are projected to be between $5.239 billion and $5.308 billion, including $218 million to $225 million from Simple Mills[20] - Adjusted EBITDA is expected to be between $512 million and $538 million, including $30 million to $33 million from Simple Mills[20] - Adjusted diluted EPS is projected to be between $1.00 and $1.10, including a negative impact of $0.08 to $0.07 from Simple Mills[20] Market Share and Trends - Branded dollar share decreased, while store branded dollar share increased, reflecting inflationary pressure on consumers[35] - Flowers' fresh packaged bread dollar sales and unit sales showed slight increases, with dollar sales up 0.2% and unit sales down 3.2%[41] - Flowers' commercial cake dollar sales and unit sales decreased, with dollar sales down 7.6% and unit sales down 10.0%[44]