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 ...

Steve Powers Operator Thank you. Our next question comes from the line of Bill Chappell with Truist Securities. Your line is now open. Yes. So, if you recall last year when we implemented pricing, the gaps between brand and private label did widen. Some retailers were holding their retail prices down. And I believe it was late in the year or early this year those gaps started to narrow as the private label retails came back up. We have recently taken some additional branded pricing that goes into effect thi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 TABLE OF CONTENTS Item 1. Business 4 Item 1A. Risk Factors 12 Item 1B. Unresolved Staff Comments 21 Item 2. Properties 21 Item 3. Legal Proceedings 22 Item 4. Mine Safety Disclosures 22 Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 23 Item 6. [Reserved] 24 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 25 Item 7A. Quanti ...

| --- | --- | --- | --- | --- | |------------------------------|----------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | 2022 REVIEW February 9, 2023 | FOURTH QUARTER | | | | | | | | | | 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 ...

Flowers Foods, Inc. (NYSE:FLO) Q4 2022 Earnings Conference Call February 10, 2023 8:30 AM ET Company Participants J. T. Rieck - Executive Vice President, Finance and Investor Relations Ryals McMullian - President and Chief Executive Officer Steve Kinsey - Chief Financial Officer Conference Call Participants Bill Chappell - Truist Robert Dickerson - Jefferies Jim Salera - Stephens Connor Rattigan - Consumer Edge Mitchell Pinheiro - Sturdivant Operator Good day and thank you for standing by. Welcome to the Fl ...