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0 -0.000219780219780176 -0.000439560439560352 -0.000659340659340684 -0.00087912087912086 0.000219780219780332 0.00241758241758241 0.00109890109890119
Stock impact report

Flowers Foods (FLO) Troubled by Volatile Consumer Spending [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 includes a decline in fast-food traffic and a negative trend in at-home food and beverage sales, as witnessed toward the end of the first quarter of 2024. Additionally, increased selling, distribution and administrative (SD&A) expenses remain concerning. 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 pre-pandemic levels, which could impact sales volumes and consumer engagement. The market shows a clear split, premium products are performing well as some consumers seek differentiation, while less-expensive options attract those looking for value. This environment underscores the complexity and volatility the company must navigate. 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 Show less Read more
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