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FLOWERS FOODS DECLARES QUARTERLY DIVIDEND

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Flowers Foods (NYSE: FLO) has declared a quarterly dividend of $0.24 per share, representing a 4.3% increase from the same quarter last year. This marks the company's 88th consecutive quarterly dividend. The dividend is payable on September 20, 2024, to shareholders of record on September 6, 2024.

Flowers Foods, headquartered in Thomasville, Georgia, is a major producer of packaged bakery foods in the United States. The company reported sales of $5.1 billion in 2023. Its top brands include Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake. Flowers operates bakeries nationwide, producing a wide range of bakery products.

Flowers Foods (NYSE: FLO) ha dichiarato un dividendo trimestrale di $0,24 per azione, che rappresenta un aumento del 4,3% rispetto allo stesso trimestre dell'anno scorso. Questo segna l'88° dividendo trimestrale consecutivo dell'azienda. Il dividendo sarà pagato il 20 settembre 2024 agli azionisti registrati il 6 settembre 2024.

Flowers Foods, con sede a Thomasville, Georgia, è un importante produttore di prodotti da forno confezionati negli Stati Uniti. L'azienda ha riportato vendite di 5,1 miliardi di dollari nel 2023. I suoi principali marchi includono Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse e Tastykake. Flowers gestisce panifici in tutto il paese, producendo una vasta gamma di prodotti da forno.

Flowers Foods (NYSE: FLO) ha declarado un dividendo trimestral de $0,24 por acción, lo que representa un aumento del 4,3% con respecto al mismo trimestre del año pasado. Este es el 88º dividendo trimestral consecutivo de la empresa. El dividendo se pagará el 20 de septiembre de 2024 a los accionistas registrados el 6 de septiembre de 2024.

Flowers Foods, con sede en Thomasville, Georgia, es un importante productor de productos de panadería envasados en los Estados Unidos. La empresa reportó ventas de 5,1 mil millones de dólares en 2023. Sus principales marcas incluyen Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse y Tastykake. Flowers opera panaderías a nivel nacional, produciendo una amplia variedad de productos de panadería.

플라워스 푸드(뉴욕증권거래소: FLO)는 주당 $0.24의 분기 배당금을 발표했으며, 이는 지난해 같은 분기 대비 4.3% 증가한 수치입니다. 이는 회사의 88번째 연속 분기 배당금입니다. 배당금은 2024년 9월 20일에 지급되며, 2024년 9월 6일 기준으로 주주에게 지급됩니다.

플라워스 푸드는 조지아주 톰스빌에 본사를 두고 있으며, 미국에서 포장된 제과 제품의 주요 생산업체입니다. 이 회사는 2023년에 51억 달러의 매출을 기록했습니다. 주요 브랜드로는 Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Tastykake가 있습니다. 플라워스는 전 국가에 걸쳐 제과점을 운영하며, 다양한 제과 제품을 생산합니다.

Flowers Foods (NYSE: FLO) a déclaré un dividende trimestriel de 0,24 $ par action, représentant une augmentation de 4,3% par rapport au même trimestre de l'année dernière. Cela marque le 88e dividende trimestriel consécutif de la société. Le dividende sera payable le 20 septembre 2024, aux actionnaires inscrits le 6 septembre 2024.

Flowers Foods, dont le siège est à Thomasville, en Géorgie, est un producteur majeur de produits de boulangerie emballés aux États-Unis. L'entreprise a rapporté des ventes de 5,1 milliards de dollars en 2023. Ses principales marques incluent Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse et Tastykake. Flowers exploite des boulangeries à l'échelle nationale, produisant une large gamme de produits de boulangerie.

Flowers Foods (NYSE: FLO) hat eine vierteljährliche Dividende von 0,24 $ pro Aktie erklärt, was eine 4,3%ige Steigerung im Vergleich zum gleichen Quartal des Vorjahres darstellt. Dies stellt die 88. consecutive vierteljährliche Dividende des Unternehmens dar. Die Dividende wird am 20. September 2024 ausgezahlt an Aktionäre, die am 6. September 2024 registriert sind.

Flowers Foods, mit Hauptsitz in Thomasville, Georgien, ist ein bedeutender Hersteller von verpackten Backwaren in den Vereinigten Staaten. Das Unternehmen meldete Umsätze von 5,1 Milliarden Dollar im Jahr 2023. Zu den Top-Marken gehören Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse und Tastykake. Flowers betreibt landesweit Bäckereien und produziert eine breite Palette von Backwaren.

Positive
  • Quarterly dividend increased by 4.3% year-over-year
  • 88th consecutive quarterly dividend payment, demonstrating consistent shareholder returns
  • Strong 2023 sales of $5.1 billion
Negative
  • None.

THOMASVILLE, Ga., Aug. 22, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that its board of directors has declared a quarterly dividend of $0.24 per share, an increase of 4.3% over the same quarter last year. This is the 88th consecutive quarterly dividend paid by the company and is payable on September 20, 2024, to shareholders of record on September 6, 2024.

About Flowers Foods

Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2023 sales of $5.1 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake. Learn more at www.flowersfoods.com.

FLO-CORP FLO-DIV FLO-IR

Forward-Looking Statements

Statements contained in this press release and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to current expectations regarding our business and our future financial condition and results of operations and are often identified by the use of words and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," "would," "is likely to," "is expected to" or "will continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based upon assumptions we believe are reasonable. Forward-looking statements are based on current information and are subject to risks and uncertainties that could cause our actual results to differ materially from those projected. Certain factors that may cause actual results, performance, liquidity, and achievements to differ materially from those projected are discussed in our Annual Report on Form 10-K for the year ended December 30, 2023 (the "Form 10-K") and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission ("SEC") and may include, but are not limited to, (a) unexpected changes in any of the following: (1) general economic and business conditions; (2) the competitive setting in which we operate, including advertising or promotional strategies by us or our competitors, as well as changes in consumer demand; (3) interest rates and other terms available to us on our borrowings; (4) supply chain conditions and any related impact on energy and raw materials costs and availability and hedging counter-party risks; (5) relationships with or increased costs related to our employees and third-party service providers; (6) laws and regulations (including environmental and health-related issues); and (7) accounting standards or tax rates in the markets in which we operate, (b) the loss or financial instability of any significant customer(s), including as a result of product recalls or safety concerns related to our products, (c) changes in consumer behavior, trends and preferences, including health and whole grain trends, and the movement toward less expensive store branded products, (d) the level of success we achieve in developing and introducing new products and entering new markets, (e) our ability to implement new technology and customer requirements as required, (f) our ability to operate existing, and any new, manufacturing lines according to schedule, (g) our ability to implement and achieve our corporate responsibility goals in accordance with regulatory requirements and expectations of stakeholders, suppliers, and customers; (h) our ability to execute our business strategies which may involve, among other things, (1) the ability to realize the intended benefits of completed, planned or contemplated acquisitions, dispositions or joint ventures, (2) the deployment of new systems (e.g., our enterprise resource planning ("ERP") system), distribution channels and technology, and (3) an enhanced organizational structure (e.g., our sales and supply chain reorganization), (i) consolidation within the baking industry and related industries, (j) changes in pricing, customer and consumer reaction to pricing actions (including decreased volumes), and the pricing environment among competitors within the industry, (k) our ability to adjust pricing to offset, or partially offset, inflationary pressure on the cost of our products, including ingredient and packaging costs; (l) disruptions in our direct-store-delivery distribution model, including litigation or an adverse ruling by a court or regulatory or governmental body that could affect the independent contractor classifications of the independent distributor partners, and changes to our direct-store-delivery distribution model in California, (m) increasing legal complexity and legal proceedings that we are or may become subject to, (n) labor shortages and turnover or increases in employee and employee-related costs, (o) the credit, business, and legal risks associated with independent distributor partners and customers, which operate in the highly competitive retail food and foodservice industries, (p) any business disruptions due to political instability, pandemics, armed hostilities (including the ongoing conflict between Russia and Ukraine and the conflict in the Middle East), incidents of terrorism, natural disasters, labor strikes or work stoppages, technological breakdowns, product contamination, product recalls or safety concerns related to our products, or the responses to or repercussions from any of these or similar events or conditions and our ability to insure against such events, (q) the failure of our information technology systems to perform adequately, including any interruptions, intrusions, cyber-attacks or security breaches of such systems or risks associated with the implementation of the upgrade of our ERP system; and (r) the potential impact of climate change on the company, including physical and transition risks, availability or restriction of resources, higher regulatory and compliance costs, reputational risks, and availability of capital on attractive terms. The foregoing list of important factors does not include all such factors, nor does it necessarily present them in order of importance. In addition, you should consult other disclosures made by the company (such as in our other filings with the SEC or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors, of the Form 10-K, Part II, Item 1A., Risk Factors, of the Form 10-Q for the quarter ended July 13, 2024 and subsequent filings with the SEC for additional information regarding factors that could affect the company's results of operations, financial condition and liquidity. We caution you not to place undue reliance on forward-looking statements, as they speak only as of the date made and are inherently uncertain. The company undertakes no obligation to publicly revise or update such statements, except as required by law. You are advised, however, to consult any further public disclosures by the company (such as in our filings with the SEC or in company press releases) on related subjects.

Cision View original content:https://www.prnewswire.com/news-releases/flowers-foods-declares-quarterly-dividend-302228591.html

SOURCE Flowers Foods, Inc.

FAQ

What is the new quarterly dividend amount for Flowers Foods (FLO)?

Flowers Foods (FLO) has declared a quarterly dividend of $0.24 per share.

When is the Flowers Foods (FLO) dividend payable?

The dividend is payable on September 20, 2024, to shareholders of record on September 6, 2024.

How much has Flowers Foods (FLO) increased its dividend compared to last year?

Flowers Foods (FLO) has increased its quarterly dividend by 4.3% compared to the same quarter last year.

What were Flowers Foods' (FLO) sales in 2023?

Flowers Foods (FLO) reported sales of $5.1 billion in 2023.

What are some of Flowers Foods' (FLO) top brands?

Flowers Foods' (FLO) top brands include Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake.

Flowers Foods, Inc.

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4.83B
211.13M
7.64%
70.37%
1.57%
Packaged Foods
Food and Kindred Products
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United States of America
THOMASVILLE