What to Expect From Flowers Foods’ Q1 Earnings Results?

Deutsche Bank analysts shared their outlook on Flowers Foods, Inc. (NYSE:FLO) ahead of the company’s Q1 earnings results, expected to be reported on May 19th, after-market.
According to the analysts, continued consumption strength should help offset worsening cost/margin pressures across raw materials, freight, and labor.
In the near term, the company’s revenue remains supported by (1) a sizable price and mix contribution, (2) elevated at-home consumption, and (3) directional recovery in foodservice.
The analyst increased their Q1 organic growth expectations to 8.4% from 6.3% prior in order to account for the higher consumption and more premium mix trends.
Given the challenging cost backdrop, which was further exacerbated by the Russia/Ukraine conflict, the analysts lowered their Q1 gross margin estimate to 47.5% from 47.6% prior.

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