Flowers Foods Inc Stock Price, News & Analysis

Flowers Foods, Inc. (NYSE: FLO) declared a quarterly dividend of $0.22 per share, marking a 4.8% increase from the previous year. This dividend represents the 81st consecutive quarterly payment and is scheduled for December 16, 2022, for shareholders recorded by December 2, 2022. With 2021 sales of $4.3 billion, Flowers Foods continues to be a leading producer of packaged bakery foods in the U.S., offering popular brands like Nature's Own and Dave's Killer Bread.

Flowers Foods, Inc. reported a 12.7% increase in sales for Q3 FY2022, reaching a record $1.158 billion, despite inflation pressures. Net income rose 4.3% to $40.5 million, while adjusted net income slightly decreased by 0.4% to $64.6 million. Adjusted EBITDA also increased 1.6% to $120.4 million. The company's 2022 sales outlook is between $4.807 billion and $4.850 billion, reflecting an 11-12% increase compared to last year. CEO Ryals McMullian highlighted strong brand performance and future investments in innovation.

Flowers Foods will release its third quarter 2022 financial results on November 10, 2022, after market close. A press release, management remarks, and slide presentation will be available then. A live Q&A webcast is scheduled for November 11, 2022, at 8:30 a.m. Eastern, lasting approximately 30 minutes. Access to the webcast and related materials will be provided on the company's investor website. Flowers Foods is a major U.S. producer of packaged bakery foods, recording $4.3 billion in sales for 2021.

Wonder Bread partners with the 96th Macy's Thanksgiving Day Parade to celebrate its 101st anniversary, introducing a unique airship float named The Wondership. In conjunction with this celebration, Wonder Bread plans to donate 10,000 loaves of Classic White Bread to City Harvest, New York's major food rescue organization. The float will debut during the parade airing on Nov. 24, 2022. Additionally, Wonder Bread has initiated a social media sweepstakes for a chance to win a trip to New York City for the parade, running until Oct. 31, 2022.

Flowers Foods, Inc. (NYSE: FLO) is recalling Tastykake and Mrs. Freshley's glazed pies due to undeclared soy, which poses serious health risks to those with soy allergies. The recall affects products distributed from Sept. 26 to Oct. 6, 2022, with 'Enjoy By' dates from Oct. 28 to Nov. 7, 2022. No illnesses have been reported. Consumers are advised to discard the affected products or return them for a refund. For inquiries, contact Flowers' Consumer Relations Center.

Flowers Foods, Inc. (NYSE: FLO), a prominent U.S. bakery producer, will host a webcast of its fireside chat at the 2022 Barclays Global Consumer Staples Conference on September 8 at 2:15 p.m. ET. Executives Ryals McMullian and Steve Kinsey will represent the company. In 2021, Flowers reported $4.3 billion in sales and is known for brands such as Nature's Own and Dave's Killer Bread. More webcast details are available at flowersfoods.com/investors/events-and-presentations.

Flowers Foods, Inc. (NYSE: FLO) has declared a quarterly dividend of $0.22 per share, marking a 4.8% increase from the previous year. This dividend, the 80th consecutive payment, will be distributed on September 16, 2022, to shareholders of record on September 2, 2022. The company reported $4.3 billion in sales for 2021 and is recognized as a leading producer of packaged bakery products in the U.S.

On Aug. 15, 2022, Flowers Foods (NYSE: FLO) appointed David Roach as Chief Strategic Projects Officer. Roach, who has nearly 30 years of experience at Flowers and was previously the President of Cake Operations, will lead strategic initiatives while reporting to Brad Alexander, COO. The restructuring also involves Tom Winters, now overseeing cake operations. Flowers Foods is a leading producer of bakery foods in the U.S., with 2021 sales of $4.3 billion. For more details, visit flowersfoods.com.

The Tastykake brand has announced the launch of new Mini Bundt Cakes in two flavors: Chocolate Chocolate Chip and Strawberry Flavored. Available nationwide, these cakes come in a pantry-ready box priced at $5.29, containing five pouches of four mini bundts, perfect for snacking on the go. Brand manager Ashley Hornsby expressed excitement about the new product, emphasizing its convenience for everyday indulgence. Tastykake continues to expand its offerings alongside other popular items like Kandy Kakes and Krimpets.