Thomasville, Ga, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Flowers Foods to Report Fourth Quarter and Full Year 2024 Results Flowers Foods, Inc. (NYSE: FLO) will report its fourth quarter and full year 2024 financial results on Friday, February 7, 2025, at 7:00 a.m. Eastern Time. The company will host a live question and answer webcast at 8:30 a.m. Eastern Time the same day. Access to the webcast, along with the press release, pre-recorded remarks by management with accompanying transcript, and supporting slide p ...

Crunchy baked clusters in six savory and sweet flavors pack whole-grain nutrition and bold taste into every biteMILWAUKIE, 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. Organic Snack Bites av ...

(Flowers Foods, Inc. (FLO) is trading at a forward 12-month price-to-sales (P/E) ratio of 0.77 compared with the Zacks Food – Miscellaneous industry’s 1.24. This valuation gap highlights the stock's attractiveness for value-oriented investors seeking potential upside in an otherwise competitive sector. Strengthening its appeal, FLO boasts a Value Score of B, a metric that underscores its favorable position. Image Source: Zacks Investment ResearchHowever, a closer look at the company’s operations highlights ...

Core Viewpoint - Flowers Foods, Inc. has agreed to acquire Simple Mills for $795 million in cash, a move expected to enhance its business operations and financial profile significantly [1][4]. Group 1: Acquisition Details - The acquisition will be financed through a $795 million term loan from the Royal Bank of Canada and is expected to close in the first quarter of 2025, pending regulatory approvals [1]. - Simple Mills is a premium brand known for its better-for-you snacks, which aligns with Flowers Foods' strategic priorities of brand innovation and operational efficiency [2][3]. Group 2: Growth Opportunities - The addition of Simple Mills is anticipated to diversify Flowers Foods' revenue base and strengthen its position in the better-for-you and snacking categories [2][4]. - Simple Mills has a strong market presence, with products available in over 30,000 natural and conventional stores nationwide, providing access to a broader consumer demographic [3]. Group 3: Financial Impact - The acquisition is expected to contribute positively to Flowers Foods' net sales adjusted EBITDA growth and margins, enhancing earnings per share by 2026 [4]. - On a proforma basis, the transaction positions Flowers Foods for long-term financial success, supporting top-line growth and improved profitability [4]. Group 4: Strategic Focus - Acquisitions are a key pillar of Flowers Foods' growth strategy, aimed at expanding its brand portfolio and geographic reach [5]. - The company has made notable acquisitions in the past, including Papa Pita Bakery in 2023 and Dave's Killer Bread in 2015, which have significantly contributed to its growth [5]. Group 5: Innovation and Product Development - Innovation is central to Flowers Foods' strategy, with plans to launch keto-friendly products and expand into high-growth adjacent categories [6]. - The company aims to introduce new products, including keto hamburgers and hotdog buns, reflecting its focus on consumer trends [6]. Group 6: Market Challenges - Despite positive developments, Flowers Foods faces challenges in a shifting consumer environment, particularly in its core categories like fresh packaged bread and cake [7]. - The company has experienced a decline in share price, losing 10.4% over the past three months, compared to the industry decline of 9.4% [8].

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 growth Diversifies 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 ...

Flowers Foods, Inc. (FLO) is at a crossroads amid a challenging consumer landscape. Over the past three months, the company’s shares have tumbled 11%, underperforming the industry’s decline of 10.1%. This packaged bakery food product company has also lagged the Zacks Consumer Staples sector’s drop of 7.4% and the S&P 500's growth of 4.3% in the same time frame.FLO 3-Month Price Performance vs. Industry, Sector & S&P 500Image Source: Zacks Investment ResearchTechnical indicators are also not supportive of FL ...

The company discussed in this article is only one potential investment in the sector. Members of iREIT on Alpha get access to investment ideas with upsides that I view as significantly higher/better than this one. Consider subscribing and learning more here.Analyst’s Disclosure: I/we have a beneficial long position in the shares of FLO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other th ...

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Flowers Foods, Inc. (FLO) reported mixed third-quarter fiscal 2024 results, as the bottom line improved year over year and beat the Zacks Consensus Estimate while the top line declined and missed the consensus mark.This performance reflects the strength of its leading brands, effective cost initiatives and a strategic portfolio approach. Despite top-line pressure from external challenges, the company achieved solid margin improvements and robust bottom-line growth. Flowers Foods outpaced the bread category, ...

Financial Data and Key Metrics Changes - The company reported growth in dollars and units in fresh packaged breads, achieving the largest share gains in the category despite a challenging environment [6][25] - The company gained 20 basis points in dollar share and 20 basis points in unit share, marking the largest among competitors in the category [25] Business Line Data and Key Metrics Changes - Strong pricing initiatives in the other segment enabled sales growth, which more than offset volume losses [6] - The company is expanding its Dave's Snack Bites and Wonder product lines, with early returns showing enthusiasm from retailers [10][12] Market Data and Key Metrics Changes - The sweet baked goods category has faced pressure, with the company performing in line with the category but taking proactive steps to inject growth [11][19] - The company noted that promotional activity has increased across the category, with their promotional intensity remaining below pre-pandemic levels [20] Company Strategy and Development Direction - The company remains focused on enhancing shareholder value and delivering results consistent with long-term financial targets, including maximizing opportunities in branded retail and executing cost savings plans [7] - The company is looking across baked goods for potential M&A opportunities to diversify its portfolio [29] Management's Comments on Operating Environment and Future Outlook - Management indicated that the current consumer pullback on discretionary spending is temporary and expects the category to normalize in 2025 [18][19] - The company is cautiously optimistic about achieving EBITDA margins in the low teens over time, driven by growth in branded business and operational efficiencies [58] Other Important Information - The company is experiencing a shift in consumer purchasing patterns towards the perimeter of the store, impacting traditional segments of the business [30][60] - The company reported that private label products are losing share, with branded products gaining traction [41] Q&A Session Summary Question: Expansion plans for Dave's Snack Bites and Wonder - Management expressed confidence in the early returns for the Wonder line and noted that the snack bites are differentiated and well-received by retailers [10][12] Question: Competitive pressures in the sweet baked goods category - Management attributed the declines to consumer spending pullbacks rather than increased competition, indicating a temporary situation [17][19] Question: Impact of hurricanes on Q3 performance - Management acknowledged that while hurricanes had a positive impact, it was not significant, and the company outperformed the category despite softness [24][25] Question: CapEx reduction explanation - The reduction was primarily due to the pace of spending on bakery projects being slower than anticipated, with some projects rolling over to 2025 [14][15] Question: Trends in the food service segment - Management indicated that mid-single digits of volume decline were due to strategic exits, but pricing improvements offset these losses [40] Question: Share gains in new geographies - Management noted that share gains are occurring in newer markets, with competitive activity being a challenge but not a barrier to growth [46][49] Question: Capacity utilization update - Management reported an overall equipment effectiveness (OEE) of 70% to 71%, indicating improvements in operational efficiency [52] Question: Long-term EBITDA margin outlook - Management believes that achieving EBITDA margins in the low teens is within reach, supported by growth strategies and operational improvements [58]