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.
Flowers Foods Inc (NYSE: FLO), a leading producer of packaged bakery goods including Nature's Own breads and Tastykake snacks, maintains this centralized hub for official news and press releases. Investors and industry observers will find timely updates on financial performance, operational developments, and strategic initiatives shaping the company's position in the U.S. bakery sector.
This resource provides verified information directly from corporate communications, including quarterly earnings disclosures, product innovation announcements, and sustainability initiatives. Key coverage areas include leadership updates, manufacturing expansions, and partnerships impacting both retail and foodservice channels.
Bookmark this page to stay informed about Flowers Foods' evolving market strategy through press releases detailing new product launches, operational efficiency programs, and consumer trend responses. All content is curated to meet investor needs for accurate, up-to-date information on one of America's most established bakery producers.
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.
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. The dividend will be paid on December 13, 2024, to shareholders of record on November 29, 2024. This marks the company's 89th consecutive quarterly dividend payment. Flowers Foods, headquartered in Thomasville, Ga., is a major U.S. packaged bakery foods producer with $5.1 billion in sales for 2023, producing brands including Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake.
Flowers Foods (NYSE: FLO) reported Q3 2024 financial results with net sales decreasing 0.7% to $1.191 billion. Net income increased significantly to $65.0 million, while adjusted net income rose 12.4% to $69.3 million. Adjusted EBITDA grew 10.0% to $133.3 million, representing 11.2% of net sales. The company narrowed its FY2024 guidance, now expecting net sales growth of 0.5% to 1.1% ($5.116-5.147 billion) and adjusted diluted EPS of $1.24-1.28.
Flowers Foods (NYSE: FLO) has announced it will release its third quarter 2024 financial results on Friday, November 8, 2024, at 7:00 a.m. Eastern. The company will host a live Q&A webcast at 8:30 a.m. Eastern on the same day. The webcast, press release, pre-recorded management remarks, and supporting slides will be available at investors.flowersfoods.com. Flowers Foods, based in Thomasville, GA, is a major U.S. packaged bakery foods producer with 2023 sales of $5.1 billion. Their portfolio includes brands like Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake.
Flowers Foods (NYSE: FLO) announced its participation in the Barclays Global Consumer Staples Conference on September 5, 2024. Ryals McMullian, chairman and CEO, and Steve Kinsey, CFO and CAO, will engage in a fireside chat at 10:30 a.m. ET. A live audio webcast will be available on the company's investor relations website, with a replay option post-conference.
Flowers Foods, headquartered in Thomasville, Georgia, is a major U.S. packaged bakery foods producer, with 2023 sales of $5.1 billion. The company operates bakeries nationwide, producing various bakery products. Its top brands include Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake.
Nature's Own, America's top-selling bread brand, has announced a multi-year partnership with the Dallas Cowboys, becoming a Proud Partner of the team. The collaboration aims to create authentic experiences for fans, starting with a VIP tailgate party at AT&T Stadium on Sept. 22, 2024. Nature's Own is launching a sweepstakes offering a chance to win tickets to this event, including game access and tailgate privileges.
The brand will also host a pop-up at AT&T Plaza before the game, offering prizes and branded merchandise. Additionally, a retail promotion in Texas and Oklahoma will give consumers the opportunity to win Dallas Cowboys season tickets for 2025. Nature's Own aims to increase brand awareness and position itself as the top choice for tailgating season through these initiatives.
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) reported its Q2 2024 financial results, showing a slight 0.2% decrease in sales to $1.225 billion. Despite this, the company saw improvements in profitability metrics. Net income increased 5.0% to $67.0 million, while adjusted EBITDA rose 7.8% to $143.5 million, representing 11.7% of sales. Diluted EPS increased to $0.32, and adjusted diluted EPS rose to $0.36.
The company maintained its 2024 financial outlook, projecting sales between $5.091 billion and $5.172 billion, and adjusted EBITDA ranging from $524 million to $553 million. Flowers Foods' brands outperformed the fresh packaged bread category, gaining market share in both units and dollars. The company continues to focus on improving profitability through cost-saving initiatives and new business wins.
Dave's Killer Bread, the leading organic bread brand, has launched its Amped-Up Organic Protein Bars nationwide. These grab-and-go snacks combine whole grain nutrition, plant-based protein, and great taste to help combat procrastination and boost energy. The bars come in three flavors: Peanut Butter Chocolate Chunk, Double Chocolate Coconut, and Blueberry Almond Butter.
Each bar provides 10g of protein, 4-5g of fiber, and 6-8g of whole grains. They are Certified USDA Organic, Non-GMO Project Verified, and free from artificial ingredients. Available in 4-count packages for $8.79 and single-serve bars for $2.49, they can be found in grocery stores, mass retailers, convenience stores, and on Amazon.
Flowers Foods (NYSE: FLO) has announced it will report its second quarter 2024 financial results on Friday, August 16, 2024, at 7:00 a.m. Eastern. The company will host a live question and answer webcast at 8:30 a.m. Eastern the same day. Investors can access the webcast, press release, pre-recorded management remarks with transcript, and supporting slide presentation at investors.flowersfoods.com. A replay will be available at the same link following the event.
Flowers Foods, headquartered in Thomasville, Ga., is one of the largest producers of packaged bakery foods in the United States, with 2023 sales of $5.1 billion. The company operates bakeries nationwide, producing a wide range of products under popular brands such as Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake.
