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 ...

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 ...

Flowers Foods, Inc. (FLO) announced a dividend increase, showcasing the company's commitment to boosting shareholders' value. The board of directors declared a quarterly dividend of 24 cents per share, a hike of 4.3% from the prior quarter's dividend rate. The hiked dividend will be paid on Jun 20, 2024, to shareholders of record as of Jun 6. This marks the company's 87th consecutive quarterly dividend. The move raises Flowers Foods' annual dividend rate to 96 cents per share, up from 92 cents paid during t ...

THOMASVILLE, Ga., May 23, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that its board of directors has declared a quarterly dividend of $0.24 per share, an increase of 4.3% over the same quarter last year. This is the 87th consecutive quarterly dividend paid by the company and is payable on June 20, 2024, to shareholders of record on June 6, 2024. This action increases the annualized dividend rate to $0.96 per share from $0.92 per share at this time last year. FLO-CORP FLO-IR FLO-DIV ...

Regardless, if you're a retiree, the short-term trends should not matter much. This business will continue to compound in the decades ahead, and it has a solid 3% dividend yield to top it all off. PepsiCo (NASDAQ:PEP) is by far my favorite pick when it comes to long-term dividend stocks. While it is going through some tough times right now, the stock has been very stable and consistent throughout its history. It is very hard not to be drawn into a PepsiCo product if you walk down any snack aisle. The growth ...

Flowers Foods, Inc. (FLO) reported mixed first-quarter fiscal 2024 results, with the bottom line missing the Zacks Consensus Estimate and staying in line year over year. The top line missed the consensus mark but increased from the year-ago quarter's reported level. Results gained from effective implementation of portfolio strategy and investments in marketing and innovation. Despite challenging market conditions, the company's brands flourished, gaining market share and achieving growth in branded retail v ...

Flowers Foods (FLO) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5%. A quarter ago, it was expected that this bakery goods company would post earnings of $0.20 per share when it actually produced earnings of $0.20, delivering no surprise. Over the last four quarters, the company ...

Exhibit 99.1 Company Press Release May 16, 2024 Flowers Foods (NYSE: FLO) FLOWERS FOODS, INC. REPORTS FIRST QUARTER 2024 RESULTS THOMASVILLE, Ga. – Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company's 16-week first quarter ended April 20, 2024. First Quarter Summary: Chairman and CEO Remarks: "Our solid first quarter results highlight the increasing effectiveness of our portfolio strategy and investments in marketing and innovation," said Ryals McMullian, chairman and CEO of Fl ...

THOMASVILLE, Ga., May 16, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company's 16-week first quarter ended April 20, 2024. First Quarter Summary: Compared to the prior year first quarter where applicable Chairman and CEO Remarks: "Our solid first quarter results highlight the increasing effectiveness of our portfolio strategy and investments in marketing and innovation," said Ryals McMullian, chairman and CEO of Flowers Foods. "Amid challenging market condi ...

The company is on track with its core strategic priorities, which are yielding. This encompasses developing its team, concentrating on brands, prioritizing margins and looking out for prudent mergers and acquisitions. Focus on innovation and product differentiation helps Flowers Foods in capturing consumer interest and expanding market share in adjacent categories. The continuation of these trends is likely to have aided The TJX Companies' performance in the to-be-reported quarter. However, the ongoing infl ...