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Flowers Foods lowers 2025 earnings forecast, citing increased competition and lower sales.
Flowers Foods revised its 2025 earnings guidance, projecting net sales between $5.239 billion and $5.308 billion, reflecting a lower growth rate of 2.7% to 4.0% compared to its previous forecast of 3.8% to 5.7%.
The company cited increased competition and lower-than-expected second-quarter revenues.
Adjusted earnings per share are now expected to be between $1.00 and $1.10, down from the prior estimate of $1.05 to $1.15.
Despite missing analyst estimates, some analysts still expect a 5.4% revenue growth over the next year.
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Flowers Foods baja su pronóstico de ganancias para 2025, citando el aumento de la competencia y menores ventas.