Flowers Foods(FLO)

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Here's Why Flowers Foods (FLO) is a Strong Value Stock
ZACKS· 2024-08-20 14:41
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style ...
Flowers Foods (FLO) Q2 Earnings Beat Estimates, Sales Down Y/Y
ZACKS· 2024-08-19 16:46
Flowers Foods, Inc. (FLO) reported mixed second-quarter fiscal 2024 results, with the top line missing the Zacks Consensus Estimate and declining year over year. The bottom line surpassed the consensus mark and increased from the year-ago quarter's reported level. Results gained from the successful execution of the company's strategic plan. FLO's brands exceeded performance expectations in the fresh packaged bread category, showing growth in tracked channels and achieving significant gains in unit and dolla ...
Flowers Foods(FLO) - 2024 Q2 - Earnings Call Transcript
2024-08-16 13:47
Flowers Foods, Inc. (NYSE:FLO) Q2 2024 Earnings Conference Call August 16, 2024 8:30 AM ET Company Participants J.T. Rieck - Executive Vice President, Finance and Investor Relations Ryals McMullian - Chairman and Chief Executive Officer Steve Kinsey - Chief Financial Officer Conference Call Participants Robert Dickerson - Jefferies Davis Holcombe - Truist Securities Jim Salera - Stephens Mitchell Pinheiro - Sturdivant & Company Steve Powers - Deutsche bank Operator Good morning, and thank you for standing b ...
Flowers Foods (FLO) Surpasses Q2 Earnings Estimates
ZACKS· 2024-08-16 13:10
Flowers Foods (FLO) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this bakery goods company would post earnings of $0.40 per share when it actually produced earnings of $0.38, delivering a surprise of -5%. Over the last four quarters, the ...
Flowers Foods(FLO) - 2024 Q2 - Earnings Call Presentation
2024-08-16 11:50
ying wers SECOND QUARTER 2024 REVIEW August 16, 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 ou ...
Flowers Foods(FLO) - 2024 Q2 - Quarterly Results
2024-08-16 11:10
Exhibit 99.1 Company Press Release August 16, 2024 Flowers Foods (NYSE: FLO) FLOWERS FOODS, INC. REPORTS SECOND QUARTER 2024 RESULTS THOMASVILLE, Ga. – 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 incom ...
Flowers Foods (FLO) Q2 Earnings in the Cards: Things to Note
ZACKS· 2024-08-14 13:41
Flowers Foods, Inc. (FLO) is likely to see top-line growth when it reports second-quarter 2024 earnings on Aug 16. The consensus mark for quarterly revenues is pegged at $1.24 billion, which indicates growth of 1.3% from the prior-year quarter's reported figure. The Zacks Consensus Estimate for quarterly earnings has remained unchanged in the past 30 days at 33 cents per share, which is in line with the figure reported in the year-ago period. FLO has a trailing four-quarter earnings surprise of 4.1%, on ave ...
Flowers Foods (FLO) Reports Next Week: What to Expect
ZACKS· 2024-08-09 15:00
The market expects Flowers Foods (FLO) to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended June 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 ...
Flowers Foods (FLO) Troubled by Volatile Consumer Spending
ZACKS· 2024-06-24 16:01
FLO has been encountering difficulties in attracting customers due to economic challenges where consumers are on the lookout for greater value in their purchases. Also, promotional activities have not yet returned to prepandemic levels, which could impact sales volumes and consumer engagement. The Zacks Consensus estimate for current fiscal-year earnings per share has seen a slight downward revision, decreasing by a penny from $1.25 to $1.24 over the past 60 days. Apart from this, the Zacks Rank #4 (Sell) s ...
The Top 7 Dividend Stocks to Buy and Hold Until 2030
Investor Place· 2024-06-06 10:15
Dividend stocks are popular for a reason. These stocks are supported by companies with solid underlying businesses generating strong cash flow. Top-rated mature companies have histories that span decades, and they're unlikely to be knocked off course if there is a recession. Plus, reinvesting these dividends could compound your returns over the decades, resulting in massive overall gains. As such, I think allocating a good chunk of your portfolio towards such dividend stocks is a good idea. These stocks sho ...