Flowers Foods (NYSE:FLO) Q1 2026 Earnings: Exceeding EPS Estimates Amidst Revenue Miss

• Flowers Foods (NYSE:FLO) reported earnings per share of $0.29, surpassing analyst estimates of $0.28.
• Despite the EPS beat, revenue for the quarter was $1.57 billion, slightly below the $1.58 billion consensus estimate.
• Sales growth was primarily driven by the Simple Mills acquisition and recent price increases, though partially offset by a 3.3% decrease in sales volume.

Flowers Foods (NYSE:FLO) is a large producer and marketer of packaged bakery goods in the United States. The company operates bakeries across the country, producing a wide range of products including fresh breads, buns, rolls, and snack cakes for retail and foodservice customers.

On May 21, 2026, Flowers Foods announced its quarterly results. The company reported an earnings per share of $0.29, which was higher than the analyst estimate of $0.28. As highlighted by Zacks, this represents a 3.57% positive surprise, although it is lower than the $0.35 per share from the same quarter last year.

For the quarter, Flowers Foods' revenue was $1.57 billion, falling just short of the consensus estimate of $1.58 billion. Despite missing the estimate, this sales figure shows a 1.1% increase from the $1.55 billion reported in the prior year's first quarter.

The higher sales were mainly driven by the company's acquisition of Simple Mills and recent price increases. However, these gains were partly offset by a 3.3% decrease in sales volume. This decline was most noticeable in the traditional bread and store-branded cake categories.

The company currently has a Price-to-Earnings (P/E) ratio of 10.60. This metric shows the stock's price relative to its earnings. Flowers Foods' board also declared its 95th consecutive quarterly dividend of $0.13 per share, providing a regular return to its shareholders.