Welcome to our dedicated page for Flowers Foods news (Ticker: FLO), a resource for investors and traders seeking the latest updates and insights on Flowers Foods stock.
Company Overview
Flowers Foods Inc (NYSE: FLO) stands as one of the most recognizable names in the packaged bakery foods industry. The company specializes in producing and marketing a wide variety of baked goods including breads, buns, rolls, snack cakes, pastries, and tortillas. Its operations are designed to service both retail and foodservice channels, making its products widely accessible across the United States.
Core Operations and Manufacturing
At the heart of Flowers Foods Inc are its efficient manufacturing facilities. With a network of highly efficient bakeries strategically located to serve extensive regions of the country, the company consistently delivers fresh and frozen bakery items. The production processes are optimized for quality and efficiency, ensuring that every product meets rigorous standards. This operational excellence not only underpins its market reputation but also supports its extensive distribution framework.
Brand Portfolio and Product Diversity
Flowers Foods Inc boasts a diversified portfolio of well-known brands that resonate with consumers in different market segments. Among its top brands are Natures Own, Dave's Killer Bread, Wonder, and Tastykake. The company’s extensive catalog also includes regional names that provide consumers with a variety of choices, from traditional bakery items to innovative better‐for‐you snack options. This multi-brand strategy not only caters to varied consumer preferences, but it also reinforces the company's position as an enduring industry staple.
Distribution Network and Market Reach
Through a well-established network of independent distributors, Flowers Foods Inc ensures that its products reach a vast majority of the U.S. population. This network facilitates widespread access to fresh bakery goods as well as frozen items delivered to warehouses nationwide. The efficiency of the company’s distribution system is pivotal to its ability to serve both major retail chains and foodservice accounts, maintaining a consistently strong market presence.
Market Position and Competitive Landscape
Flowers Foods Inc is recognized for its strategic positioning in the highly competitive bakery sector. By continuously investing in quality, innovation, and marketing initiatives, the company not only maintains robust performance in traditional bakery segments but also effectively bridges its operations into better‐for‐you segments. Its emphasis on operational efficiency, strong brand identities, and a comprehensive distribution strategy positions the company as a key player within the industry. This depth of expertise is evident through its measured approach to enhancing profitability, diversifying product offerings, and expanding market share against competitors.
Innovation and Strategic Expansion
Innovation is woven into the fabric of Flowers Foods Inc's business model. The company actively invests in new product development, marketing strategies, and efficiency initiatives to respond to evolving consumer tastes and economic conditions. Strategic acquisitions have further diversified its product portfolio, enabling a targeted entry into more health-conscious and better‐for‐you markets. Such moves not only sustain its continued relevance but also signal a commitment to evolving alongside consumer demands.
Commitment to Quality and Industry Expertise
Drawing on decades of experience in the bakery sector, Flowers Foods Inc maintains a focus on high-quality production practices and robust supply chain management. Its deep sector expertise and a consistent drive toward operational excellence have earned it a reputation for trustworthiness and dependability, essential qualities in an industry where consumer preferences and market conditions continually change.
Summary
Flowers Foods Inc sets itself apart with a blend of efficient manufacturing, a widely recognized brand portfolio, and an expansive distribution network. Through strategic innovation and careful market positioning, the company serves as a cornerstone in the U.S. packaged bakery food industry, offering sustained quality and breadth in product offerings while addressing the diverse needs of consumers across both retail and foodservice channels.
Wonder, the iconic brand with over 100 years of history, has announced its expansion into the snack cake category with a new line of sweet treats. The launch represents the brand's first venture beyond its traditional bread products.
The new product line includes 11 varieties of treats:
- Crème-Filled Chocolate Cupcakes and Confetti Cakes
- Glazed and Iced Honey Buns
- Powdered, Frosted, and Crunch Mini Donuts
- Pecan Cinnamon Twists
- Cinnamon Rolls
- Brown Sugar Cinnamon Donut Sticks
- Peanut Butter Wafers
The products feature new packaging with a sleek yet playful design and are now available at select grocery stores nationwide.
Flowers Foods (NYSE: FLO) has announced its participation in the Raymond James 46th Annual Institutional Investors Conference on March 3, 2025. The company's management team will present at 2:50 p.m. Eastern Time, with a live audio webcast available at investors.flowersfoods.com/events-and-presentations.
Based in Thomasville, Georgia, Flowers Foods is a leading U.S. packaged bakery foods producer with 2024 sales of $5.1 billion. The company operates multiple bakeries nationwide, producing various bakery products under prominent brands including Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake.
Vestar Capital Partners has completed the sale of Simple Mills, a premium better-for-you food brand, to Flowers Foods (NYSE: FLO) for $795 million. Vestar, which provided the first institutional investment in October 2019, was Simple Mills' largest shareholder.
During Vestar's five-year investment period, Simple Mills achieved consistent double-digit topline growth through various initiatives including: expanded distribution channels, annual new product launches, increased marketing and R&D investments, and strengthened supply-chain operations through improved co-manufacturing and supplier networks.
The transaction validates Vestar's investment thesis centered on the growing better-for-you foods market segment. Simple Mills' product portfolio includes crackers, cookies, snack bars, and baking mixes. Piper Sandler and Centerview Partners acted as financial advisors, while Kirkland & Ellis LLP served as legal counsel to Vestar.
Flowers Foods (NYSE: FLO) has completed the acquisition of Simple Mills, a leading natural brand specializing in better-for-you crackers, cookies, snack bars, and baking mixes. The acquisition aims to strengthen Flowers Foods' presence in premium snacking segments and diversify its category exposure.
Simple Mills, founded in 2012, has established itself as the leading brand in natural channel crackers, cookies, and baking mixes, with distribution in over 30,000 stores nationwide. The company focuses on producing nutritious products using high-quality ingredients.
Flowers Foods, headquartered in Thomasville, Ga., reported net sales of $5.1 billion in 2024 and is one of the largest packaged bakery foods producers in the United States. The company's portfolio includes prominent brands such as Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake.
Flowers Foods (NYSE: FLO) has announced a quarterly dividend of $0.24 per share, representing a 4.3% increase compared to the same quarter last year. This marks the company's 90th consecutive quarterly dividend payment. The dividend will be payable on March 14, 2025, to shareholders of record on February 28, 2025.
Flowers Foods, headquartered in Thomasville, Georgia, is one of the largest packaged bakery foods producers in the United States, with 2024 sales of $5.1 billion. The company operates multiple bakeries nationwide, producing various bakery products under major brands including Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake.
Flowers Foods (NYSE: FLO) has announced the pricing of two senior notes offerings: $500 million of 5.750% notes due 2035 and $300 million of 6.200% notes due 2055. The offering is expected to close on February 14, 2025.
The company plans to use the proceeds, along with cash on hand, to fund the acquisition of Purposeful Foods Holdings, the parent company of Simple Mills, pay related fees and expenses, and for general corporate purposes. The offering is being made under an automatic shelf registration statement, with BofA Securities, Deutsche Bank Securities, RBC Capital Markets, and Wells Fargo Securities serving as active book-running managers.
Flowers Foods, headquartered in Thomasville, GA, is a major U.S. packaged bakery foods producer with 2024 net sales of $5.1 billion. The company's top brands include Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake.
Flowers Foods (NYSE: FLO) reported its Q4 and full-year 2024 results, showing mixed performance. Q4 net sales decreased 1.6% to $1.111 billion, while net income increased 20.9% to $43.1 million. For fiscal 2024, net sales grew marginally by 0.2% to $5.103 billion, with net income doubling to $248.1 million.
The company's Q4 performance was marked by positive pricing/mix effects being offset by volume declines. Branded Retail sales decreased by 3.9% to $696.5 million, while Other sales increased by 2.6% to $414.6 million. Adjusted EBITDA improved 6.3% to $102.4 million in Q4.
For fiscal 2025, Flowers Foods projects net sales between $5.403-$5.487 billion, representing 5.9-7.5% growth. The company expects adjusted diluted EPS of $1.11-$1.24, with the pending Simple Mills acquisition expected to be accretive to adjusted EBITDA but dilutive to adjusted EPS in 2025.
Flowers Foods (NYSE: FLO) has announced it will release its fourth quarter and full year 2024 financial results on Friday, February 7, 2025, at 7:00 a.m. Eastern Time. The company will host a live Q&A webcast at 8:30 a.m. ET on the same day.
The company, headquartered in Thomasville, Ga., is one of the largest packaged bakery foods producers in the United States, with 2023 sales of $5.1 billion. Flowers Foods operates multiple bakeries nationwide, producing various bakery products under popular brands including Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake.
Dave's Killer Bread, the leading organic bread brand, has announced the national launch of Organic Snack Bites. The new product line features six varieties of crunchy baked clusters in both savory and sweet flavors, crafted with organic nuts, seeds, and grains. The lineup includes Cinna Roll, PB & Chocolate, Honey Nut, Epic Everything™, Toasted Garlic, and Bold Buffalo varieties.
The Snack Bites are designed to be enjoyed alone or as toppings for salads, parfaits, and soups. Like all Dave's products, they are Certified USDA Organic, Non-GMO Project Verified, and free from artificial ingredients. The new products come in stand-up, resealable pouches priced at $6.99 each and are being distributed through Walmart, Walmart.com, Amazon, and grocery stores nationwide.
Flowers Foods (NYSE: FLO) has announced a definitive agreement to acquire Simple Mills for $795 million in cash. Simple Mills, founded in 2012, is a market-leading natural brand offering premium better-for-you crackers, cookies, snack bars, and baking mixes, with estimated 2024 net sales of $240 million, representing 14% growth from the previous year.
The acquisition expands Flowers' exposure to better-for-you and attractive snacking segments, with Simple Mills products available in over 30,000 stores nationwide. The transaction is expected to be immediately accretive to net sales and adjusted EBITDA growth and margins. Upon closing in Q1 2025, Simple Mills will operate as an independent subsidiary, maintaining its operations in Chicago and Mill Valley, with founder Katlin Smith continuing as CEO.
The deal will be funded through a $795 million term loan from Royal Bank of Canada, with proforma total net debt estimated at $1.9 billion and a net debt-to-EBITDA ratio expected between 3.1x to 3.3x.
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