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, ...

Flowers Foods, Inc. (NYSE:FLO) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants J.T. Rieck - Executive Vice President, Finance & Investor Relations Ryals McMullian - Chairman & Chief Executive Officer Steve Kinsey - Chief Financial Officer Conference Call Participants Steve Powers - Deutsche Bank Bill Chappell - Truist Securities Robert Dickerson - Jefferies Jim Salera - Stephens Mitchell Pinheiro - Sturdivant & Company Max Gumport - BNP Paribas Operator Good morning, and th ...

wers THIRD QUARTER 2024 REVIEW November 8, 2024 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 forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to current expectations regarding our bus ...

Flowers Foods (FLO) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this bakery goods company would post earnings of $0.33 per share when it actually produced earnings of $0.36, delivering a surprise of 9.09%.Over the last four quarters, the co ...

Exhibit 99.1 Company Press Release November 8, 2024 Flowers Foods (NYSE: FLO) FLOWERS FOODS, INC. REPORTS THIRD QUARTER 2024 RESULTS THOMASVILLE, Ga. – 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 ...

Flowers Foods, Inc. (FLO) is likely to register bottom-line growth when it reports third-quarter 2024 earnings on Nov. 8. The consensus mark for earnings has remained unchanged in the past 30 days at 30 cents per share, indicating an increase of 3.5% from the figure reported in the year-ago quarter.FLO has a trailing four-quarter earnings surprise of 1.9%, on average. The Zacks Consensus Estimate for revenues is pegged at $1.2 billion, almost in line with the prior-year quarter’s reported figure.Stay up-to- ...

The market expects Flowers Foods (FLO) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rele ...