Flowers Foods(FLO)

Search documents
Flowers Foods(FLO) - 2022 Q1 - Earnings Call Presentation
2022-05-20 10:03
Financial Performance - Net sales increased by 103% year-over-year, reaching $1436 billion, driven by a 135% increase in price/mix, offset by a 32% decrease in volume[8] - Adjusted EBITDA increased by 24% year-over-year to $1655 million, representing 115% of sales, a decrease of 90 bps, as inflation-driven pricing actions offset significant input and logistics cost increases[8] - GAAP diluted EPS increased by $006 year-over-year to $040, while adjusted diluted EPS increased by $003 year-over-year to $044[8] Fiscal Year 2022 Guidance - The company projects sales growth of 100% to 120%[9] - Adjusted EPS is expected to be in the range of $120 to $130[9] - Capital expenditures are projected to be between $150 million and $160 million, with $60 million to $70 million related to an ERP upgrade[9] Market Share and Category Review - Flowers' bread share was 180% in Q1 2022[14] - Flowers' cake share was 76% in Q1 2022[14] - Dollar sales for Flowers fresh packaged breads increased by 213% in Q1 2022 compared to Q1 2020[17] Long-Term Growth Targets - The company's long-term sales target is 1-2%, with FY'22 reaching 52%[10] - The long-term adjusted EPS target is 7-9%, with FY'22 reaching 92% based on guidance midpoint[10]
Flowers Foods(FLO) - 2021 Q4 - Earnings Call Transcript
2022-02-11 16:04
Flowers Foods, Inc. (NYSE:FLO) Q4 2021 Results Conference Call February 11, 2022 8:30 AM ET Company Participants Ryals McMullian - President and CEO J.T. Rieck - SVP, Finance and Investor Relations Steve Kinsey - CFO Conference Call Participants Jim Salera - Stephens Mitch Pinheiro - Sturdivant & Company Ryan Bell - Consumer Edge Research Robert Dickerson - Jefferies Operator Good day, and thank you for standing by. Welcome to the Flowers Foods Fourth Quarter and Fiscal Year 2021 Results Conference Call. [O ...
Flowers Foods(FLO) - 2021 Q4 - Earnings Call Presentation
2022-02-11 15:42
| --- | --- | --- | --- | |--------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | FOURTH QUARTER 2021 | | | | | REVIEW February 10, 2022 | | | | | | | | | | | | | | | | | | | REGARDING FORWARD-LOOKING STATEMENTS Statements contained in this presentation and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forw ...
Flowers Foods(FLO) - 2021 Q3 - Earnings Call Transcript
2021-11-12 16:26
Flowers Foods, Inc. (NYSE:FLO) Q3 2021 Earnings Conference Call November 12, 2021 8:30 AM ET Company Participants Ryals McMullian – President and CEO J.T. Rieck – Senior Vice President Finance and Investor Relations Steve Kinsey – CFO Conference Call Participants Bill Chappell – Truist Ben Bienvenu – Stephens Steve Powers – Deutsche Bank Mitch Pinheiro – Sturdivant & Company Operator Good morning, ladies and gentlemen. And welcome to the Flowers Foods Third Quarter 2021 Earnings Conference Call. At this tim ...
Flowers Foods(FLO) - 2021 Q3 - Earnings Call Presentation
2021-11-12 12:08
國 FlowersFoods Third Quarter 2021 Review November 11, 2021 Regarding Forward-Looking Statements 2 Statements contained in this presentation and certain other written or oral statements made from time to time by Statements contained in this presentation and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forward-looking statements as defined in the ...
Flowers Foods(FLO) - 2021 Q2 - Earnings Call Presentation
2021-08-16 17:28
國 FlowersFoods Second Quarter 2021 Review August 12, 2021 Regarding Forward-Looking Statements 2 Statements contained in this transcript and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to current expectations regardi ...
Flowers Foods(FLO) - 2021 Q2 - Earnings Call Transcript
2021-08-13 16:30
Flowers Foods, Inc. (NYSE:FLO) Q2 2021 Earnings Conference Call August 13, 2021 8:30 AM ET Company Participants J.T. Rieck - Vice President of Investor Relations and Treasurer Ryals McMullian - President and Chief Executive Officer Steve Kinsey - Chief Financial Officer and Chief Accounting Officer Conference Call Participants Bill Chappell - Truist Mitchell Pinheiro - Sturdivant Ryan Bell - Consumer Edge Research Ben Bienvenu - Stephens Operator Good day and thank you for standing by. Welcome to the Flower ...
Flowers Foods(FLO) - 2021 Q1 - Earnings Call Transcript
2021-05-21 15:20
Flowers Foods, Inc. (NYSE:FLO) Q1 2021 Earnings Conference Call May 21, 2021 8:30 AM ET Company Participants J.T. Rieck - SVP & Investor Relations A. Ryals McMullian - President and CEO R. Steve Kinsey - CFO and CAO Conference Call Participants Rob Dickerson - Jefferies Bill Chappell - Truist Securities Faiza Alwy - Deutsche Bank Mitchell Pinheiro - Sturdivant Ryan Bell - Consumer Edge Research Operator Good day and thank you for standing by, and welcome to the Flowers Foods First Quarter 2021 Results Confe ...
Flowers Foods(FLO) - 2021 Q1 - Earnings Call Presentation
2021-05-21 13:22
國 FlowersFoods First Quarter 2021 Review May 20, 2021 Regarding Forward-Looking Statements 2 Statements contained in this slide presentation and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to current expectations reg ...
Flowers Foods(FLO) - 2020 Q4 - Earnings Call Transcript
2021-02-12 17:53
Flowers Foods, Inc. (NYSE:FLO) Q4 2020 Earnings Conference Call February 12, 2021 8:30 AM ET Company Participants J.T. Rieck - Senior Vice President Finance & Investor Relations Ryals McMullian - President and Chief Executive Officer Steve Kinsey - Chief Financial Officer and Chief Accounting Officer Conference Call Participants Bill Chappell - Truist Securities Brian Holland - D.A. Davidson Rob Dickerson - Jefferies Faiza Alwy - Deutsche Bank Tim Perz - Stephens Mitchell Pinheiro - Sturdivant Ryan Bell - C ...