Flowers Foods (FLO) Down More Than 15% in a Year: Here's Why

Flowers Foods, Inc. (FLO) appears troubled, with its shares down 15.5% in a year compared with the industry’s decline of 9%. The company has been battling a volatile consumer landscape, which remains a threat to demand.Also, high selling, distribution and administrative (SD&A) expenses have been a concern for Flowers Foods. Apart from this, this Zacks Rank #4 (Sell) company anticipates business exits to have an impact, particularly in the first half of 2024. While these exits may be part of strategic adjust ...