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Stephens & Co. Maintains Equal-Weight on Flowers Foods, Lowers Price Target to $6

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    The J.M. Smucker Company reported a 7% decline in Sweet Baked Snacks sales in Q1 fiscal 2027, but Donettes brand showed double-digit growth driven by expanded distribution and innovation. Flowers Foods' Wonder cake gained market share despite a 4% overall sales decline, while J&J Snack Foods faced a 6.2% sales drop with bakery weakness, though retail segment grew 1.7%.