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-0.00046285582041185 0 0.000462855820412014 -0.00115713955102979 -0.0032399907428836 -0.00208285119185365 -0.00208285119185365 -0.00208285119185365
Stock impact report

FLO Q3 Earnings Top, View Narrowed on Volatile Consumer Trends [Yahoo! Finance]

Flowers Foods, Inc. (FLO) 
Last flowers foods, inc. earnings: 2/5 04:50 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This performance reflects the strength of its leading brands, effective cost initiatives and a strategic portfolio approach. Despite top-line pressure from external challenges, the company achieved solid margin improvements and robust bottom-line growth. Flowers Foods outpaced the bread category, with both unit and dollar sales rising in tracked channels, though sweet baked goods and fast-food business sales saw challenges. Management narrowed its fiscal 2024 guidance to indicate increased certainty as it approaches the fourth quarter. This guidance considers strong performance in the branded retail bread category, partly countered by challenges from shifting consumer and promotional behavior. However, the company expects to witness continued gains from recent business wins and efficiency initiatives. Adjusted earnings per share (EPS) of 33 cents beat the Zacks Consensus Estimate of 30 cents. The bottom line increased from 29 cents reported in the year-ago quarter. Find the lat Show less Read more
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