MILWAUKIE, Ore., March 21, 2024 /PRNewswire/ -- Known for quality organic products balancing killer taste, texture and whole grain nutrition, Dave's Killer Bread® is releasing its latest innovation: Organic Rock 'N' Rolls®. This new offering caters to the growing consumer interest in diverse bread options and is the first nationally available roll from Dave's Killer Bread. Dave's Killer Bread Organic Rock 'N' Rolls Credit: Dave's Killer Bread Organic Rock 'N' Rolls are a standout choice for those seeki ...

Mr. Winters joined Flowers as chief supply chain officer in April 2022. Before joining Flowers, he served as senior vice president of supply chain at PepsiCo, Inc., overseeing supply chain functions for two of the company's North American divisions. During his 19-year tenure at PepsiCo, he also held a number of operations and production roles with responsibility for the management of internal plants, warehouses, and contract manufacturers. He began his career with The Proctor & Gamble Company in 1988, servi ...

Flowers Foods, Inc. (NYSE:FLO) Q4 2023 Results Conference Call February 9, 2024 8:30 AM ET Company Participants J.T. Rieck - Executive Vice President of Finance and Investor Relations Riyals McMullian - Chairman and CEO Steve Kinsey - Chief Financial Officer Conference Call Participants Robert Dickerson - Jefferies Bill Chappell with - Securities Jim Salera - Stephens Mitchell Pinheiro - Sturdivant and Company Connor Rattigan - Consumer Edge Operator Good morning, and thank you for standing by. Welcome to t ...

Flowers Foods, Inc. (FLO) reported fourth-quarter fiscal 2023 results, wherein the bottom line matched the Zacks Consensus Estimate while declining year over year. Sales increased from the year-ago period level.The resilience of the company’s flagship brands in the fourth quarter and fiscal 2023 despite challenging market conditions has been an upside. Dave's Killer Bread continues to stand out, surpassing $1 billion in retail sales in 2023. Apart from this, Flowers Foods’ portfolio strategy helped it witne ...

Flowers Foods (FLO) came out with quarterly earnings of $0.20 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this bakery goods company would post earnings of $0.28 per share when it actually produced earnings of $0.29, delivering a surprise of 3.57%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Flowers Foods, which ...

Flowers Foods, Inc. (FLO) is likely to register top-line growth when it reports fourth-quarter fiscal 2023 earnings on Feb 8. The Zacks Consensus Estimate for revenues is pegged at $1.1 billion, suggesting an increase of 4.2% from the prior-year quarter’s reported figure.The consensus mark for quarterly earnings has remained unchanged in the past 30 days at 20 cents per share, which indicates a decline of nearly 13% from the year-ago quarter’s reported figure. FLO has a trailing four-quarter earnings surpri ...

Got it. Thanks so much. Stephen Powers Yes, Steve. Good morning. Stephen Powers Mitchell Pinheiro Hey, Mitch. So, a couple questions. First, why do you think the promo activity is below average with the consumer kind of getting pressured? I think grocery and retail would be a little more interested in seeing some volume turn positive in the category. So, why you think it's sort of down or below average? And wouldn't you anticipate down the road here in a quarter or two to see a little more heightened activi ...

Company Participants Ryals McMullian - Chairman, President and Chief Executive Officer Bill Chappell - Truist Securities Connor Rattigan - Consumer Edge Operator I would now like to hand the conference over to your speaker today, J.T. Rieck, Executive Vice President of Finance and Investor Relations. Please go ahead, sir. Thank you, Norma, and good morning, everyone. Joining me today are Ryals McMullian, Chairman, CEO and President; and Steve Kinsey, our CFO. Great. Thanks, J.T. Good morning, everybody. Tha ...

REGARDING FORWARD-LOOKING STATEMENTS KEY MESSAGES • Margins improved as price initiatives mitigated inflationary pressures $133 Net income increased 18.8% to $63.8 million from $53.7 million in the same quarter of 2022 due to higher EBITDA, partly offset by higher interest and tax expense | --- | --- | --- | --- | --- | --- | --- | --- | |--------|----------------|-------|--------|---------------|--------------|--------------|----------------| | | $52 | $47 | $1,228 | 8.8% \nGROWTH | | 10.8% Margin | 10.9% ...

REGARDING FORWARD-LOOKING STATEMENTS Sales grew due to price increases to mitigate inflation, partly offset Adjusted EBITDA decreased primarily due to inflationary by lower volume and increased product returns pressures, partly offset by higher sales | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|--------|--------------------------------------------------------------|-----------------------|-------| | | | | | GROWTH | 11.5% $155 Margin \n $150 $145 \n $140 $135 $130 $125 ...