Flowers Foods demonstrated resilient performance in Q3 2025, strategically aligning its portfolio amidst category pressures, particularly in the bread sector, while continuing to invest in innovation.

• Despite ongoing challenges in the bread category due to economic factors, early signs of stabilization are emerging, with expectations for improved demand going into 2026.
• The company is committed to long-term consumer-focused investments, even as innovation pressures short-term margins.
• Successful integration of Simple Mills is yielding positive results, with collaborative efforts driving growth and fostering innovation for future products.
• Management expressed gratitude for the contributions of retiring CFO Steve Kinsey, highlighting the leadership stability as a factor for continued progress.
• The branded retail business outperformed expectations, while foodservice segments faced headwinds typical in the current economic climate.