Flowers Foods down after cutting annual forecasts

Baker Flowers Foods FLO.N down 6% at $16.06 premarket

Co lowers annual net sales growth forecast to about 3.8% to 5.7%, below prior 5.9% to 7.5% guidance

Forecasts adjusted EPS of about $1.05 to $1.15, below $1.11 to $1.24 guidance

Says new guidance reflects challenging consumer environment and potential for increased tariff costs

Co also misses Q1 net sales and adjusted EPS estimates, according to data compiled by LSEG

Up to last close, stock has fallen 17.4% YTD