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November 11 , 2021 Flowers Foods ● FLOWERS FOODS , INC . REPORTS THIRD QUARTER 2021 RESULTS THOMASVILLE , Ga . – Flowers Foods , Inc. ( NYSE : FLO ) , producer of Nature's Own , Dave's Killer Bread , Wonder , Canyon Bakehouse , Tastykake , and other bakery foods , today reported financial results for the company's 12 - week third quarter ended October 9 , 2021 . Company Press Release Third Quarter Summary : Compared to the prior year third quarter where applicable Sales increased 3.9 % to $ 1.028 billion compared to results in the prior year period . Net income decreased 12.4 % to $ 38.9 million . Adjusted net income increased 3.9 % to $ 64.9 million . Flowers Foods ( NYSE : FLO ) ● ● Adjusted EBITDA ( ¹ ) increased 1.8 % to $ 118.5 million . Adjusted EBITDA represented 11.5 % of sales , a 30 - basis point decrease . Diluted EPS decreased $ 0.03 to $ 0.18 . Adjusted diluted EPS ( ¹ ) increased $ 0.01 to $ 0.30 . CEO's Remarks : " I'm pleased to report another record third quarter , " said Ryals McMullian , Flowers Foods ' president and CEO . " We generated sales and earnings above our strong year - ago results as our leading brands gained market share and our non - retail business steadily recovers from the effects of the pandemic . Our performance is a testament to the dedication of our team members , especially those in our bakeries , who have worked tirelessly to meet consumer demand during this challenging time . ( 1 ) Adjusted for items affecting comparability . See reconciliations of non - GAAP measures in the financial statements following this release . " In light of our strong year - to - date performance , we are raising our 2021 sales and earnings guidance , " he continued . " Investments in innovation and marketing are driving sales growth and brand strength , improving our ability to manage inflationary pressures . We will continue executing on our plans to further strengthen our brands , expand margins , and explore potential acquisitions , and we remain confident in achieving our long - term financial targets . " For the 52 - week Fiscal 2021 , the Company Expects : Sales in the range of approximately $ 4.300 billion to $ 4.344 billion , representing a decrease of approximately 1.0 % to 2.0 % compared to the prior year period . The new guidance represents an increase over prior guidance of approximately $ 4.256 billion to $ 4.300 billion . This change includes a 1.8 % reduction in sales due to one fewer week in fiscal 2021 . Diluted EPS in the range of approximately $ 1.22 to $ 1.26 , an increase over prior guidance of $ 1.17 to $ 1.22 . EPS guidance includes a $ 0.01 impact in the fourth quarter for appreciation