Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and 2 leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.
IPO Year:
Exchange: NYSE
Website: flowersfoods.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/10/2024 | $20.00 | Underperform | Exane BNP Paribas |
| 3/1/2024 | $24.00 | Neutral | DA Davidson |
| 3/3/2023 | $27.00 | Sell → Hold | Deutsche Bank |
| 12/6/2022 | $28.00 → $27.00 | Hold → Sell | Deutsche Bank |
4 - FLOWERS FOODS INC (0001128928) (Issuer)
4 - FLOWERS FOODS INC (0001128928) (Issuer)
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4 - FLOWERS FOODS INC (0001128928) (Issuer)
Crunchy baked clusters in six savory and sweet flavors pack whole-grain nutrition and bold taste into every bite MILWAUKIE, Ore., Jan. 14, 2025 /PRNewswire/ -- Dave's Killer Bread®, the leading organic bread brand, is growing its on-the-go snack product line with the national launch of Organic Snack Bites. Each unique flavor combines the same whole grain nutrition and simple ingredients that consumers know and love from Dave's with a crunchy texture to meet current snacking desires. Crafted with organic nuts, seeds, and grains for a satisfying crunch and flavor, the Snack Bite
Premium brand of better-for-you crackers, cookies, snack bars, and baking mixes expected to spur growth and diversify revenue base Enhances Flowers' growth by adding a scaled, better-for-you snacking platform that is successfully penetrating mainstream consumers and offers significant white space for future growthDiversifies category exposure, bolstering Flowers' exposure to better-for-you and attractive snacking segments through the addition of Simple Mills' market-leading products, which are meaningfully outpacing category growthStrengthens Flowers' financial profile with the transaction expected to be immediately accretive to net sales1 and adjusted EBITDA2 growth and adjusted EBITDA marg
THOMASVILLE, Ga., Nov. 15, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that its board of directors has declared a quarterly dividend of $0.24 per share, an increase of 4.3% over the same quarter last year. This is the 89th consecutive quarterly dividend paid by the company and is payable on December 13, 2024, to shareholders of record on November 29, 2024. About Flowers Foods Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE:FLO) is one of the largest producers of packaged bakery foods in the United States with 2023 sales of $5.1 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top bra
THOMASVILLE, Ga., Nov. 8, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) today reported financial results for the company's 12-week third quarter ended October 5, 2024. Third Quarter Summary:Compared to the prior year third quarter where applicable Net sales(1) decreased 0.7% to $1.191 billion as positive pricing/mix was more than offset by volume declines.Net income increased $111.7 million to $65.0 million, primarily due to growth in operating income from a decrease in legal settlements and related costs, partially offset by higher net interest expense. Adjusted net income(2) increased 12.4% to $69.3 million.Adjusted EBITDA(2) increased 10.0% to $133.3 million, representing 11.2% of
Thomasville, GA, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Flowers Foods, Inc. (NYSE:FLO) will report its third quarter 2024 financial results on Friday, November 8, 2024, at 7:00 a.m. Eastern. The company will host a live question and answer webcast at 8:30 a.m. Eastern the same day. A link to the webcast, press release, pre-recorded remarks by management with accompanying transcript, and supporting slide presentation will be posted at investors.flowersfoods.com. A replay will be available at the same link following the event. About Flowers Foods Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE:FLO) is one of the largest producers of packaged bakery foods in the United States with 2
THOMASVILLE, Ga., Sep. 3, 2024 /PRNewswire/ -- Ryals McMullian, chairman and chief executive officer, and Steve Kinsey, chief financial officer and chief accounting officer, of Flowers Foods, Inc. (NYSE:FLO) will participate in a fireside chat at the Barclays Global Consumer Staples Conference on Thursday, September 5, 2024 at 10:30 a.m. ET. The live audio webcast may be accessed at investors.flowersfoods.com/events-and-presentations. Following the conference, the webcast will be available for replay. About Flowers FoodsHeadquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE:FLO) is one of the largest producers of packaged bakery foods in the United States with 2023 sales of $5.1 billi
THOMASVILLE, Ga., Aug. 22, 2024 /PRNewswire/ -- Nature's Own, America's No. 1 selling bread brand*, today announced a multi-year partnership with the Dallas Cowboys, naming the brand a Proud Partner of the Dallas Cowboys. "As America's leading bread brand, we are honored to forge a partnership with the iconic Dallas Cowboys," said Tyler Cannada, brand manager for Nature's Own. "We look forward to collaborating with one of the world's most esteemed sports franchises to create authentic and unforgettable experiences for fans." Kicking off the partnership's first year, Nature's
THOMASVILLE, Ga., Aug. 22, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) today announced that its board of directors has declared a quarterly dividend of $0.24 per share, an increase of 4.3% over the same quarter last year. This is the 88th consecutive quarterly dividend paid by the company and is payable on September 20, 2024, to shareholders of record on September 6, 2024. About Flowers Foods Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE:FLO) is one of the largest producers of packaged bakery foods in the United States with 2023 sales of $5.1 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top bra
THOMASVILLE, Ga., Aug. 16, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) today reported financial results for the company's 12-week second quarter ended July 13, 2024. Second Quarter Summary:Compared to the prior year second quarter where applicable Sales decreased 0.2% to $1.225 billion as positive pricing/mix was more than offset by volume declines, primarily due to business exits.Net income increased 5.0% to $67.0 million, primarily due to growth in operating income, partially offset by higher net interest and income tax expense. Adjusted net income(1) increased 6.5% to $75.5 million.Adjusted EBITDA(1) increased 7.8% to $143.5 million, representing 11.7% of sales, a 90-basis point
Whole Grains, Plant-Based Protein, and Killer Taste Join Forces to Satisfy Hunger and Boost Energy MILWAUKIE, Ore., Aug. 13, 2024 /PRNewswire/ -- Dave's Killer Bread®, the leading organic bread brand, announces the national launch of its latest snack innovation: Amped-Up Organic Protein Bars. These new grab-and-go bars combine killer taste, whole grain nutrition, and a just-baked texture with plant-based protein to help kick procrastination to the curb and power through the day. Recent research conducted by Talker Research on behalf of Dave's Killer Bread highlights the need f
4 - FLOWERS FOODS INC (0001128928) (Issuer)
4 - FLOWERS FOODS INC (0001128928) (Issuer)
4 - FLOWERS FOODS INC (0001128928) (Issuer)
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4/A - FLOWERS FOODS INC (0001128928) (Issuer)
4/A - FLOWERS FOODS INC (0001128928) (Issuer)
4 - FLOWERS FOODS INC (0001128928) (Issuer)
4 - FLOWERS FOODS INC (0001128928) (Issuer)
4 - FLOWERS FOODS INC (0001128928) (Issuer)
4 - FLOWERS FOODS INC (0001128928) (Issuer)
Exane BNP Paribas initiated coverage of Flowers Foods with a rating of Underperform and set a new price target of $20.00
DA Davidson initiated coverage of Flowers Foods with a rating of Neutral and set a new price target of $24.00
Deutsche Bank upgraded Flowers Foods from Sell to Hold and set a new price target of $27.00
Deutsche Bank downgraded Flowers Foods from Hold to Sell and set a new price target of $27.00 from $28.00 previously
Stephens resumed coverage of Flowers Foods with a rating of Equal-Weight and set a new price target of $25.00
Shore Capital resumed coverage of Flowtech Fluidpower plc (FLO.L) with a rating of Under review
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THOMASVILLE, Ga., Aug. 22, 2024 /PRNewswire/ -- Nature's Own, America's No. 1 selling bread brand*, today announced a multi-year partnership with the Dallas Cowboys, naming the brand a Proud Partner of the Dallas Cowboys. "As America's leading bread brand, we are honored to forge a partnership with the iconic Dallas Cowboys," said Tyler Cannada, brand manager for Nature's Own. "We look forward to collaborating with one of the world's most esteemed sports franchises to create authentic and unforgettable experiences for fans." Kicking off the partnership's first year, Nature's
THOMASVILLE, Ga., Aug. 21, 2023 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced two transitions to the senior leadership of the company and the election of two new members to the board of directors. The following changes are effective September 1, 2023: Heeth Varnedoe, chief operating officer at Flowers, will begin serving as president and chief operating officer of the company. Varnedoe has held a number of key management roles at Flowers, including chief transformation officer, senior vice president of DSD Regions/Sales, and president of the Phoenix bakery. T
THOMASVILLE, Ga., Aug. 10, 2023 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that effective December 31, 2023, D. Keith Wheeler, chief sales officer, will retire from the company after 35 years of service. Wheeler will step down from his current role on August 31, 2023, and will serve until his retirement as a senior advisor to Ryals McMullian, chairman, chief executive officer, and president of Flowers. "I'd like to extend my heartfelt gratitude to Keith for his years of exemplary service to our company," said McMullian. "His unique combination of leadership, communication, and collaboration – together with an in-depth understanding of our business – has had a tremendous
THOMASVILLE, Ga., March 7, 2023 /PRNewswire/ -- The board of directors of Flowers Foods, Inc. (NYSE:FLO) today announced that A. Ryals McMullian has been elected as the next chairman of the board, effective immediately following the 2023 annual meeting of shareholders. George E. Deese, current chairman of the board, will retire from the chairman role at that time. Deese will continue to serve as a director following the annual meeting of shareholders. "We are pleased to announce the election of Ryals as chairman of the board of Flowers Foods," commented Benjamin H. Griswold, IV, presiding director of Flowers' board. "His insights and keen business acuity have added tremendous value to the bo
THOMASVILLE, Ga., May 31, 2022 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Tastykake, and other bakery foods, today announced that effective December 31, 2022, Bradley K. Alexander, chief operating officer, will retire from the company after 41 years of service. Consistent with the company's management succession plan, on January 1, 2023, Heeth Varnedoe, the company's current chief transformation officer, will succeed Alexander as chief operating officer. "I wish to express my deep appreciation to Brad for his service to our company," said A. Ryals McMullian, president and chief operating officer. "His many contribu
Premium brand of better-for-you crackers, cookies, snack bars, and baking mixes expected to spur growth and diversify revenue base Enhances Flowers' growth by adding a scaled, better-for-you snacking platform that is successfully penetrating mainstream consumers and offers significant white space for future growthDiversifies category exposure, bolstering Flowers' exposure to better-for-you and attractive snacking segments through the addition of Simple Mills' market-leading products, which are meaningfully outpacing category growthStrengthens Flowers' financial profile with the transaction expected to be immediately accretive to net sales1 and adjusted EBITDA2 growth and adjusted EBITDA marg
THOMASVILLE, Ga., Nov. 15, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that its board of directors has declared a quarterly dividend of $0.24 per share, an increase of 4.3% over the same quarter last year. This is the 89th consecutive quarterly dividend paid by the company and is payable on December 13, 2024, to shareholders of record on November 29, 2024. About Flowers Foods Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE:FLO) is one of the largest producers of packaged bakery foods in the United States with 2023 sales of $5.1 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top bra
THOMASVILLE, Ga., Nov. 8, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) today reported financial results for the company's 12-week third quarter ended October 5, 2024. Third Quarter Summary:Compared to the prior year third quarter where applicable Net sales(1) decreased 0.7% to $1.191 billion as positive pricing/mix was more than offset by volume declines.Net income increased $111.7 million to $65.0 million, primarily due to growth in operating income from a decrease in legal settlements and related costs, partially offset by higher net interest expense. Adjusted net income(2) increased 12.4% to $69.3 million.Adjusted EBITDA(2) increased 10.0% to $133.3 million, representing 11.2% of
Thomasville, GA, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Flowers Foods, Inc. (NYSE:FLO) will report its third quarter 2024 financial results on Friday, November 8, 2024, at 7:00 a.m. Eastern. The company will host a live question and answer webcast at 8:30 a.m. Eastern the same day. A link to the webcast, press release, pre-recorded remarks by management with accompanying transcript, and supporting slide presentation will be posted at investors.flowersfoods.com. A replay will be available at the same link following the event. About Flowers Foods Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE:FLO) is one of the largest producers of packaged bakery foods in the United States with 2
THOMASVILLE, Ga., Aug. 22, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) today announced that its board of directors has declared a quarterly dividend of $0.24 per share, an increase of 4.3% over the same quarter last year. This is the 88th consecutive quarterly dividend paid by the company and is payable on September 20, 2024, to shareholders of record on September 6, 2024. About Flowers Foods Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE:FLO) is one of the largest producers of packaged bakery foods in the United States with 2023 sales of $5.1 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top bra
THOMASVILLE, Ga., Aug. 16, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) today reported financial results for the company's 12-week second quarter ended July 13, 2024. Second Quarter Summary:Compared to the prior year second quarter where applicable Sales decreased 0.2% to $1.225 billion as positive pricing/mix was more than offset by volume declines, primarily due to business exits.Net income increased 5.0% to $67.0 million, primarily due to growth in operating income, partially offset by higher net interest and income tax expense. Adjusted net income(1) increased 6.5% to $75.5 million.Adjusted EBITDA(1) increased 7.8% to $143.5 million, representing 11.7% of sales, a 90-basis point
THOMASVILLE, Ga., May 23, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) today announced that its board of directors has declared a quarterly dividend of $0.24 per share, an increase of 4.3% over the same quarter last year. This is the 87th consecutive quarterly dividend paid by the company and is payable on June 20, 2024, to shareholders of record on June 6, 2024. This action increases the annualized dividend rate to $0.96 per share from $0.92 per share at this time last year. "The board is pleased to reward shareholders with a dividend increase, reflecting our confidence in Flowers' ability to deliver earnings growth in line with our long-term financial targets," said Ryals McMullian
THOMASVILLE, Ga., May 16, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) today reported financial results for the company's 16-week first quarter ended April 20, 2024. First Quarter Summary:Compared to the prior year first quarter where applicable Sales increased 2.8% to a first-quarter record, $1.577 billion.Net income increased 3.3% to $73.0 million, primarily due to moderating input costs and price increases implemented in the prior year, partly offset by higher selling, distribution, and administrative expenses. Adjusted net income(1) decreased 0.8% to $80.3 million.Adjusted EBITDA(1) increased 5.5% to $159.4 million, representing 10.1% of sales, a 30-basis point increase.Diluted E
Thomasville, Ga., April 30, 2024 (GLOBE NEWSWIRE) -- Flowers Foods, Inc. (NYSE:FLO) will report its first quarter 2024 financial results on Thursday, May 16, 2024, after market close. On the same day, the company will host a live question and answer webcast at 5:00 p.m. Eastern. Please note the change from our normal timing due to a scheduling conflict. A link to the webcast, press release, pre-recorded remarks by management with accompanying transcript, and supporting slide presentation will be posted at investors.flowersfoods.com. A replay will be available at the same link following the event. Investor Contact: [email protected] About Flowers FoodsHeadquartered in Thomas
THOMASVILLE, Ga., Feb. 16, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) today announced that its board of directors has declared a quarterly dividend of $ 0.23 per share, an increase of 4.5% over the same quarter last year. This is the 86th consecutive quarterly dividend paid by the company and is payable on March 15, 2024, to shareholders of record on March 1, 2024. About Flowers Foods Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE:FLO) is one of the largest producers of packaged bakery foods in the United States with 2023 sales of $5.1 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are