FLOWERS FOODS, INC. REPORTS THIRD QUARTER 2024 RESULTS
Flowers Foods, Inc. (FLO)
Last flowers foods, inc. earnings: 2/5 04:50 pm
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US:NYSE Investor Relations:
flowersfoods.com/ffc_investorcenter/index.cfm
Company Research
Source: PR Newswire
THOMASVILLE, Ga., Nov. 8, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company's 12-week third quarter ended October 5, 2024.Third Quarter Summary:Compared to the prior year third quarter where applicableNet sales(1) decreased 0.7% to $1.191 billion as positive pricing/mix was more than offset by volume declines.Net income increased $111.7 million to $65.0 million, primarily due to growth in operating income from a decrease in legal settlements and related costs, partially offset by higher net interest expense. Adjusted net income(2) increased 12.4% to $69.3 million.Adjusted EBITDA(2) increased 10.0% to $133.3 million, representing 11.2% of net sales, a 110-basis point increase.Diluted EPS increased $0.53 to $0.31. Adjusted diluted EPS(2) increased $0.04 to $0.33. Chairman and CEO Remarks:"Strong performance by our leading brands and successful execution of our cost initiatives and portfolio strategy drove better-than-expected earnings
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News
- Can FLO's Strategic Focus Boost Growth Amid Challenges in 2025? [Yahoo! Finance]Yahoo! Finance
- What's Next for FLO Stock Investors After an 11% Drop in 3 Months? [Yahoo! Finance]Yahoo! Finance
- https://seekingalpha.com/article/4746201-flowers-foods-adding-more-into-baked-goods [Seeking Alpha]Seeking Alpha
- Earnings are growing at Flowers Foods (NYSE:FLO) but shareholders still don't like its prospects [Yahoo! Finance]Yahoo! Finance
- Three Reasons Why FLO is Risky and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
FLO
Earnings
- 11/11/24 - Beat
FLO
Sec Filings
- 1/2/25 - Form 4
- 12/31/24 - Form 4
- 12/12/24 - Form 4
- FLO's page on the SEC website