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Flowers Foods

FLO

Flowers Foods is the second-largest producer and marketer of packaged bakery foods in the United States, operating a brand-focused business model.

Market cap
$1.71B-48.8%
Revenue$5.3B+3.8%
Net income$193.0M-22.2%
Free cash flow$486.0M+73.2%
EPS (diluted)$0.92-21.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 21, 2026 (in a month)
Revenue estimate$1.2B
EPS estimate$0.23

Financials

Q1 2026

Income statement

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Revenue$1.6B+1.1%
Gross profit$776.2M0.0%
Operating income$79.8M-6.3%
Net income$42.1M-20.6%
EPS (diluted)$0.20-20.0%

Balance sheet

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Cash & equivalents$11.5M+56.9%
Total debt$2.0B-3.8%
Total equity$1.3B-8.0%
Total assets$4.2B-3.4%

Cash flow

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Operating cash flow$107.9M-20.5%
CapEx$20.6M-19.3%
Free cash flow$87.2M-20.8%

Valuation & ratios

Valuation

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Market cap$1.71B-48.8%
Enterprise value$3.74B-31.1%
P/E8.9×
P/S0.3×-0.3×

Profitability

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Gross margin48.7%-0.9pp

Returns & leverage

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Debt / equity1.6×+0.1×
Current ratio0.8×-0.5×

Competitors

Profile

Flowers Foods is the second-largest producer and marketer of packaged bakery foods in the United States, operating a brand-focused business model. The company specializes in a wide range of fresh and frozen breads, buns, rolls, and snack items, leveraging a dual distribution system of direct-store-delivery and warehouse delivery. Its value proposition centers on a portfolio of leading national brands and a strategic focus on high-margin, value-added branded retail products.

Competitive position

Second-largest producer of packaged bakery foods in the U.S. with leading market share in organic and gluten-free bread segments.

GeographiesUnited States
Customer segmentsRetail Consumers, Foodservice Operators, Wholesale Distributors
Business modelManufacturing, Direct-to-Store Delivery (DSD), B2B2C
SuppliersFlour and sweetener suppliers, Organic and gluten-free ingredient providers, Packaging material manufacturers (corrugated, films, plastics), Energy providers (natural gas and propane), Co-manufacturers
CustomersWalmart, Sam's Club, Supermarket chains, Independent distributors, Foodservice distributors, Quick-serve restaurant chains
Listed1987
Employees9.3K
CEOA. Ryals McMullian Jr.
FilingsSEC EDGAR

Questions, answered.

What is Flowers Foods's market cap?
Flowers Foods (FLO) has a market capitalization of $1.7B and trades on NYSE.
What is Flowers Foods's revenue and profitability?
Flowers Foods generated $5.3B in trailing twelve-month revenue with net income of $193.0M, representing a net margin of 3.8%. Gross margin stands at 48.7%, with free cash flow of $486.0M. These figures are based on the Q2 2026 filing.
Who are Flowers Foods's competitors?
Flowers Foods's key competitors include The Campbell's Company, General Mills, Inc., Bridgford Foods Corp, and others. These companies compete in similar markets and product categories.
Who does Flowers Foods partner with?
Flowers Foods's notable partners include Walmart, Sam's Club, United Service Organizations (USO), and others.
What subsidiaries does Flowers Foods have?
Flowers Foods's subsidiaries include Simple Mills, Papa Pita Bakery, Purposeful Foods Holdings, Inc..
Where is Flowers Foods headquartered?
Flowers Foods is headquartered in United States of America and employs approximately 9,300 people. It has been publicly traded since 1987.