Flowers Foods (FLO) reported fiscal Q3 adjusted earnings Friday of $0.33 per diluted share, up from $0.29 a year earlier.
Analysts polled by Capial IQ expected $0.29.
Net sales for the quarter ended Oct. 5 were $1.19 billion, compared with $1.2 billion a year earlier.
Analysts polled by Capital IQ expected $1.2 billion.
The company narrowed its fiscal 2024 guidance and said it now expects adjusted EPS of $1.24 to $1.28, from the previous range of $1.20 to $1.30.
Net sales is now estimated between $5.12 billion and $5.15 billion in net sales, from $5.09 billion to $5.17 billion previously.
Analysts polled by Capital IQ expect $1.25 in adjusted EPS on revenue of $5.14 billion.
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