Flowers Foods (FLO) Troubled by Volatile Consumer Spending

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 ...