Flowers Foods reported second quarter 2026 results with net sales decreasing 4.0% to $1.193 billion and net income falling 30.3% to $40.7 million, or $0.19 diluted EPS. The decline was driven by a 5.8% volume drop that offset favorable price/mix, alongside increased labor, freight, and marketing costs. Consequently, the company revised its full-year fiscal 2026 outlook downward: net sales are now expected to be $5.070 billion to $5.142 billion (-3.5% to -2.2%), adjusted EBITDA is projected at $453 million to $481 million, and adjusted diluted EPS is forecast between $0.75 and $0.85. Flowers Foods operates in the packaged bakery foods industry.