India, Feb. 7 -- Flowers Foods, Inc. (FLO), while reporting higher fourth-quarter earnings above market estimates, despite weak sales, on Friday issued fiscal 2025 outlook, expecting adjusted earnings below the Street view. Further, the company projects higher sales for the year.
For the 53-week fiscal 2025, the producer of packaged bakery foods expects adjusted earnings per share in the range of around $1.11 to $1.24. Excluding the Simple Mills acquisition, adjusted earnings per share would be $1.18 to $1.28.
The Wall Street analysts on average expect the company to report earnings of $1.30 per share. Analysts' estimates typically exclude special items.
Adjusted EBITDA is expected in the range of approximately $560 million to $591 milli...