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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 |
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
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
4 - FLOWERS FOODS INC (0001128928) (Issuer)
4 - FLOWERS FOODS INC (0001128928) (Issuer)
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
8-K - FLOWERS FOODS INC (0001128928) (Filer)
8-K - FLOWERS FOODS INC (0001128928) (Filer)
8-K - FLOWERS FOODS INC (0001128928) (Filer)
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
4 - FLOWERS FOODS INC (0001128928) (Issuer)
4 - FLOWERS FOODS INC (0001128928) (Issuer)
4 - FLOWERS FOODS INC (0001128928) (Issuer)
SC 13G/A - FLOWERS FOODS INC (0001128928) (Subject)
SC 13G/A - FLOWERS FOODS INC (0001128928) (Subject)
SC 13G/A - FLOWERS FOODS INC (0001128928) (Subject)