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Stock impact report

Flowers Foods, Inc. Reports Fourth Quarter And Full Year 2019 Results

Flowers Foods, Inc. (FLO) 
Last flowers foods, inc. earnings: 2/5 04:50 pm Check Earnings Report
Company Research Source: PR Newswire
THOMASVILLE, Ga., Feb. 5, 2020 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Tastykake, and other bakery foods, today reported financial results for the company's 12-week fourth quarter ended December 28, 2019.Fiscal 2019 Summary: Compared to the prior year where applicableSales increased 4.4% to $4.124 billion; excluding the acquisition of Canyon Bakehouse, net sales increased 2.2%. Diluted EPS increased $0.04 to $0.78. Adjusted diluted EPS(1) increased $0.02 to $0.96.Fourth Quarter Summary: Compared to the prior year fourth quarter where applicableSales increased 4.2% to $917.8 million; excluding the acquisition of Canyon Bakehouse, net sales increased 1.2%. Diluted EPS decreased $0.09 to $0.01. Adjusted diluted EPS(1) increased $0.02 to $0.18.(1) Adjusted for items affecting comparability. See reconciliations of non-GAAP measures in the financial statements following this release.CEO's Remarks: Ryals McMullian, Flowers Foods Show less Read more
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