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) is one of the largest producers of packaged bakery foods in the United States, and its news flow reflects developments across a broad portfolio of bakery brands and corporate activities. Headquartered in Thomasville, Georgia, the company operates bakeries across the country and manages brands such as Nature’s Own, Dave’s Killer Bread, Canyon Bakehouse, Simple Mills, Wonder and Tastykake.
News related to Flowers Foods often covers brand and product announcements from its key labels. For example, Nature’s Own has announced better-for-you bread offerings like Nature’s Own Life Wheat + Protein bread, while Dave’s Killer Bread has reported new organic breakfast bars, protein bars, snack bars, snack bites and specialty loaves. These updates highlight how Flowers Foods’ brands introduce new bakery and snack products that emphasize attributes such as organic ingredients, whole grains, non-GMO verification and specific nutrition profiles.
Investors and followers of FLO can also expect corporate news on financial performance, dividends and governance. The company issues press releases on quarterly results, including net sales trends and branded retail performance, and has reported a long history of consecutive quarterly dividends. Governance and leadership updates, such as board appointments and executive transitions in the chief financial officer role, are disclosed through both press releases and Form 8-K filings.
This news page aggregates such brand-level announcements, financial updates and corporate governance developments related to Flowers Foods and its portfolio. Readers interested in the FLO stock and the commercial bakeries sector can use this feed to track how the company communicates about its operations, product innovation and key corporate decisions over time.
Flowers Foods (NYSE: FLO) has declared a quarterly dividend of $0.21 per share, marking a 5.0% increase from the same quarter last year. This dividend, which represents the 76th consecutive payment, will be paid on September 17, 2021 to shareholders on record as of September 3, 2021. In 2020, Flowers Foods reported sales of $4.4 billion, showcasing its strong position as a leading producer of packaged bakery goods in the U.S.
Flowers Foods reported Q2 2021 financial results, showing a 0.8% drop in sales to $1.017 billion and a 2.7% decline in net income to $56.4 million. Adjusted EBITDA fell 5.0% to $122.1 million, representing 12.0% of sales. The company adjusted its 2021 sales guidance to $4.256 billion to $4.300 billion, anticipating a 2.0% to 3.0% decrease year-over-year. CEO Ryals McMullian emphasized optimism about future growth through strategic investments.
Flowers Foods (NYSE: FLO) will announce its second quarter 2021 financial results on August 12, 2021, after market close. A conference call and webcast for results discussion will take place the following day, August 13, 2021, at 8:30 a.m. Eastern, lasting approximately 30 minutes. Investors can access the details and a replay on the company’s website. In 2020, Flowers Foods reported $4.4 billion in sales and is recognized as a leading producer of packaged bakery foods in the U.S.
Flowers Foods (NYSE: FLO) announced its acquisition of Koffee Kup Bakery, enhancing its market presence in the Northeast. The deal, involving closed bakeries in Vermont and Connecticut along with the Koffee Kup and Vermont Bread Company brands, aims to leverage existing consumer loyalty in the region. CEO Ryals McMullian noted that there are no immediate plans to reopen the bakeries, as their integration into Flowers' strategic network will be evaluated. Koffee Kup, founded in 1940, had a strong foothold in the market before its closure in April 2021.
Flowers Foods, Inc. (NYSE: FLO) has declared a quarterly dividend of $0.21 per share, marking a 5.0% increase from the previous year. This dividend, representing the 75th consecutive quarterly payout, will be distributed on June 24, 2021, to shareholders of record as of June 10, 2021. The annualized dividend rate rises to $0.84 per share. CEO Ryals McMullian expressed confidence that the company's brands will ensure growth, supporting ongoing shareholder rewards.
Flowers Foods reported a 3.5% sales decrease to $1.302 billion for Q1 2021, contrasting with record pandemic results from the previous year. However, net income rose to $71.7 million, up $77.4 million due to a previous pension charge. Adjusted net income increased 1.3% to $87.6 million, while adjusted EBITDA fell 1.0% to $161.6 million, representing 12.4% of sales. The company forecasts 2021 sales between $4.234 billion and $4.300 billion, anticipating a slight decline, but remains optimistic about brand momentum and future investments.
Flowers Foods will announce its first quarter 2021 financial results on May 20, 2021, after market close. This event will be followed by a live Q&A webcast on May 21, 2021, at 8:30 a.m. Eastern. Flowers Foods is a leading U.S. packaged bakery producer, reporting $4.4 billion in sales for 2020. Their well-known brands include Nature's Own, Dave’s Killer Bread, and Wonder. Investors can access the webcast and related materials on the company's investor relations website.
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Ibotta, a leading rewards platform, has partnered with Nature's Own on April 12, 2021, to celebrate National Grilled Cheese Sandwich Day. For one day only, Ibotta Savers can receive a free loaf of Nature's Own bread and a $0.25 discount on cheese. Users need to download the Ibotta app, add the offers, and upload their purchase receipts to get cash back. Ibotta has delivered nearly $900 million in rewards since its launch in 2012 and has over 40 million downloads. Nature's Own is owned by Flowers Foods (NYSE: FLO), known for its quality and healthy bread options.
Flowers Foods, Inc. (NYSE: FLO) announced a public offering of $500 million in senior notes with a 2.400% interest rate due in 2031. The offering is expected to close on March 9, 2021. Proceeds will be used to redeem $400 million of existing 4.375% senior notes due 2022, with the remainder allocated for general corporate purposes. Deutsche Bank and BofA Securities are leading the offering, which is filed under an automatic shelf registration with the SEC.