Flowers Foods produces and markets packaged bakery foods in the United States through a national bakery network and a brand portfolio that includes Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, Tastykake and Mrs. Freshley's. News about FLO commonly covers financial results, branded retail performance, dividends, supply-chain and margin initiatives, and the integration of Simple Mills into the company's snack and baking-mix portfolio.
Company updates also include product introductions and certification-related developments across Dave's Killer Bread and Simple Mills, including organic breads, bagels, crackers, cookies, bars and baking mixes. Governance and leadership announcements appear alongside operating updates for the packaged bakery business.
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Wonder launches its new Wonder Hawaiian Buns, available in stores nationwide as of April 24, 2023. These buns feature Wonder's signature soft texture with a hint of sweetness, catering to consumer demand for sweeter variants in the bun category. Each package contains eight buns weighing 15 ounces. To celebrate, Wonder is hosting a Wonder Hawaiian BUNgalow Game from April 24 to June 4, allowing players to compete for prizes like a $100 gift card. With 2022 sales of $4.8 billion, Flowers Foods, the parent company operating several well-known brands, emphasizes its commitment to innovation in the bakery sector.
Dave's Killer Bread is launching its new Organic Snack Bars, featuring three flavors: Cocoa Brownie Blitz, Trail Mix Crumble, and Oat-rageous Honey Almond. Each bar is packed with whole grains, fiber, and quality ingredients, catering to health-conscious consumers. The product launch follows a successful soft rollout in 2022. Priced at $5.99 for a box, and $1.99 per bar, the bars will be available nationwide and also on Amazon. Dave's Killer Bread is a leading organic brand under Flowers Foods (NYSE:FLO).
Flowers Foods has announced A. Ryals McMullian as the new chairman of the board, effective following the 2023 annual meeting of shareholders, succeeding George E. Deese who will retire from the position but remain a director. McMullian, who joined the board in 2019 and serves as president and CEO, brings valuable experience from his various leadership roles within the company since 2003. The board also appointed Thomas C. Chubb, III as presiding director. This leadership transition is part of the board's long-term succession planning aimed at enhancing Flowers Foods' competitive position and shareholder value.
Flowers Foods (NYSE:FLO) has completed the acquisition of Papa Pita Bakery, known for its high-quality baked goods including bagels and tortillas. This strategic move, announced on February 20, 2023, allows Flowers Foods to enhance its manufacturing and distribution efficiency. Papa Pita, a long-time co-manufacturer for Flowers, will continue as an independent subsidiary. In 2022, Flowers Foods reported sales of $4.8 billion, solidifying its position as a leading packaged bakery producer in the U.S. The acquisition aims to foster synergies that could lead to increased operational capabilities and market reach.