Investing.com - Flowers Foods reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Flowers Foods announced earnings per share of $0.25 on revenue of $1.13B. Analysts polled by Investing.com EPS of $0.2883 on revenue of $1.13B.
Flowers Foods 's are down 16% and is trading at $27.28 , still down 8.24% from its 52 week high of $29.73 set on Wednesday, January 19, 2022.
Flowers Foods follows other major Consumer Staples sector earnings this month
Flowers Foods's report follows an earnings beat by Walmart on Tuesday, August 16, 2022, who reported EPS of $1.77 on revenue of $152.86B, EPS of $1.62 on revenue of $150.99B.
Estee Lauder had beat expectations on Thursday, August 18, 2022 with fourth quarter EPS of $0.42 on revenue of $3.56B, for EPS of $0.3219 on revenue of $3.42B.
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