What move does the options market price into Flowers Foods's report?

Implied ±12.6%, either direction.

FLONYSEFood and Kindred Products

Flowers Foods Inc (FLO) earnings date, market-implied expected move, and options open interest by expiry

6.27

+0.08 · +1.38%

post 6.27 0.00%

Closed16:00 ET

Open6.22Volume4.7MMkt cap$1.3BP/E24.10EPS0.26Div yield11.88%

Day6.19 – 6.3452%52-wk5.40 – 11.3814%

FLO

Flowers Foods Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±12.6%implied · report alone

5.487.06

straddle ±18.0%

spot 6.27exp Nov 20ATM strike 7.5ATM straddle 1.33IV 52%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 12

after close · in 12 days

confirmedQ3 FY26

Calendar

Next report

Last report

−2.11%

vs ±6.3% implied · ×0.34

shaded = implied · ▲▼ = realized

Aug 20 '26 · confirmed

Implied vs realized

Linked news

2dWMT · customerFTC demands Walmart, Uber, Delta and others hand over data on personalized pricing: Reuters

News

Largest filed tie

13F top-10 QoQ

+39.48%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

448 managers

Top fund weight

0.05%

FLO weight · IWM

N-PORTJun 30 '26

5 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Flowers Foods (FLO) reports on Nov 12 after close (confirmed date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 20 '26confirmed±6.3%▼−2.11%×0.34

quarterimplied−10%0+10%realized×

Q2 FY26±6.3%▼−2.11%×0.34

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 16 close

0.85OI · 3 expiries · Oct 16 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

2620%Nov 2020d309+13%

2,318+1%Jan 1576d0.2110,918+2%0.21

1,045—Apr 16167d0.147,318—0.14

ExpiryPutsCallsP/C

Nov 2020d2620%309+13%0.85

Jan 1576d2,318+1%10,918+2%0.21

Apr 16167d1,045—7,318—0.14

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±18.0%

Funds 4

IWM±0.0%

SCHD±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod 1 more fund Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

3.41%as filednet margin · revenue −24.09% QoQ · −4.02% YoY

Revenue

$1.2B−24.09% QoQ

Gross profit

$578M−25.54% QoQ

48.45% margin

Operating income

$68M−14.64% QoQ

5.71% margin

Pre-tax income

$54M−9.67% QoQ

Net income

$41M−3.33% QoQ

3.41% margin

Cost of revenue

$615M−22.68% QoQ

Operating expenses

$510M−26.79% QoQ

SG&A $473M

Depreciation $39M

Other expense

$14M

Tax

$14M−24.48% QoQ

Revenue$1.2B−24.09%

Gross profit

$578M−25.54%

48.45% margin

Operating income

$68M−14.64%

5.71% margin

Pre-tax income

$54M−9.67%

Net income

$41M−3.33%

3.41% margin

Cost of revenue

$615M−22.68%

Operating expenses

$510M−26.79%

SG&A $473M

Depreciation $39M

Other expense

$14M

Tax$14M−24.48%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jul 18 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

PPI ×1.83· ±2.4% vs ±1.3% · 11 releases

eventrelease day|move|up · n×base

PPIproducer prices±2.4%6 of 11×1.83

NFPjobs report±1.6%7 of 10×1.26

CPIconsumer prices±1.6%3 of 11×1.23

GDPgross domestic product±1.5%8 of 19×1.14

FOMCrate decision±1.3%7 of 24×0.98

CPROFcorporate profits±1.2%5 of 12×0.91

PCEpersonal income & outlays±1.1%9 of 19×0.84

Bar = avg |move| to ±3% · tick = ±1.3% avg day · ×base = |move| ÷ ±1.3% · min 6 releases

Earnings history

EPS 0.19 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 20 '26 · confirmed	0.19	—
Q1 FY26	—	0.20	—
Q3 FY25	—	0.19	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod