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Flowers Foods Inc (FLO.N)

FLO.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Flowers Foods sees voluntary employee separation incentive resulting in reduction of about 3 pct of total workforce ​
Wednesday, 27 Sep 2017 05:19pm EDT 

Sept 27 (Reuters) - Flowers Foods Inc :Flowers Foods sees voluntary employee separation incentive resulting in reduction of about 3 pct of co's total workforce prior to implementation ​.Flowers Foods says expects to record aggregate charges of approximately $27 million to $30 million in Q3 2017 - SEC Filing.Flowers Foods Inc says $24 million - $30 million charges consist primarily of employee severance and benefits-related costs.  Full Article

Flowers Foods says on track to achieve cost savings associated with project Centennial​
Wednesday, 27 Sep 2017 04:30pm EDT 

Sept 27 (Reuters) - Flowers Foods Inc :Flowers Foods Inc - ‍on track to achieve cost savings associated with project centennial​.Flowers Foods Inc - ‍expects to make incremental investments in 2018 to align its brands​.Flowers Foods Inc - ‍company is "improving manufacturing efficiencies and reducing skus"​.Flowers Foods Inc sees 2017 eps in range of $0.67 to $0.69.Flowers Foods Inc sees ‍2017 sales flat to down 1%​.Flowers Foods Inc sees 2017 adjusted EPS in range of $0.85 to $0.90.Fy2017 earnings per share view $0.85 -- Thomson Reuters I/B/E/S.Flowers Foods Inc - ‍maintains its previously communicated ebitda margin goal for fiscal 2018 of 12% to 13%​.Flowers Foods Inc - ‍company is targeting long-term sales growth of 3% to 4%.​.Flowers Foods Inc - ‍remains "confident" in its target of realizing 250bps of EBITDA margin expansion by fiscal 2021​.Flowers Foods-sees non-cash charges related to pension settlement, trademark impairments from brand rationalization project to be recorded in q3 2017.Flowers Foods Inc - ‍anticipated input cost inflation in range of $30 million to $40 million for 2018​.Flowers Foods Inc says gross savings targets relative to fiscal 2016 of $25 million to $30 million for fiscal 2017​.Flowers Foods Inc - ‍expects eps growth over long-term in range of 8 pct to 10 pct​.Flowers Foods Inc - sees ‍gross savings targets of $70 million to $80 million for fiscal 2018 from PG&S, SCO, and other cost saving initiatives​.  Full Article

Flowers Foods files for potential mixed shelf offering
Monday, 21 Aug 2017 05:00pm EDT 

Aug 21 (Reuters) - Flowers Foods Inc ::Files for potential mixed shelf offering; size not disclosed - SEC filing‍​.  Full Article

Flowers Foods raises quarterly dividend by 6.3 pct to $0.17/shr
Friday, 18 Aug 2017 09:15am EDT 

Aug 18 (Reuters) - Flowers Foods Inc :Flowers Foods declares dividend.Increases quarterly dividend by 6.3 percent to $0.17per share.  Full Article

Flowers Foods reports Q2 earnings per share $0.21
Wednesday, 9 Aug 2017 05:00pm EDT 

Aug 10 (Reuters) - Flowers Foods Inc -:Flowers Foods Inc reports second quarter 2017 results.Q2 adjusted earnings per share $0.24.Q2 earnings per share $0.21.Q2 sales $926.6 million versus I/B/E/S view $933.5 million.Q2 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $0.85 to $0.90 excluding items.Sees FY 2017 sales $3.888 billion to $3.927 billion.Fy2017 earnings per share view $0.87, revenue view $3.92 billion -- Thomson Reuters I/B/E/S.  Full Article

Flowers Foods increases quarterly dividend by 6.3 pct
Thursday, 25 May 2017 09:00am EDT 

May 25 (Reuters) - Flowers Foods Inc :Flowers Foods increases quarterly dividend.Flowers Foods Inc - board of directors has declared a quarterly dividend of $0.17 per share, an increase of 6.3% over same quarter last year.  Full Article

Flowers Foods Inc Q1 Q1 earnings per share $0.29
Wednesday, 17 May 2017 04:30pm EDT 

May 17 (Reuters) - Flowers Foods Inc :Flowers Foods Inc reports first quarter 2017 results.Q1 adjusted earnings per share $0.25.Q1 earnings per share $0.29.Q1 sales $1.188 billion versus I/B/E/S view $1.21 billion.Q1 earnings per share view $0.25 -- Thomson Reuters I/B/E/S.Now expects sales to trend to lower end of previously provided range of $3.927 billion to $4.006 billion for FY 2017.Adjusted diluted EPS is now expected to be in middle of previously provided range of $0.85 to $0.95 for FY 2017.In Q1 2017, company recorded project centennial consulting costs of $15.4 million.FY2017 earnings per share view $0.89, revenue view $3.95 billion -- Thomson Reuters I/B/E/S.  Full Article

Flowers Foods announces enhanced organizational structure
Wednesday, 3 May 2017 04:45pm EDT 

May 3 (Reuters) - Flowers Foods Inc :Flowers Foods announces enhanced organizational structure.Flowers Foods Inc - company will transition to new structure over next several months with full implementation expected during fiscal 2018.Flowers Foods Inc - new organizational structure establishes two business units (bus), fresh bakery and specialty/snacking.Flowers Foods Inc - current direct-store-delivery and warehouse segmentation will remain until new structure is in place.  Full Article

Flowers Foods prices $400 mln of 3.500% senior notes due 2026
Friday, 23 Sep 2016 05:00pm EDT 

Flowers Foods Inc : Flowers foods, inc. Prices $400 million of 3.500% senior notes due 2026 .Notes will bear interest at a rate of 3.500% per annum and will mature on october 1, 2026.  Full Article

Flowers Foods files for potential senior notes offering
Friday, 23 Sep 2016 09:00am EDT 

Flowers Foods Inc :Files for potential senior notes offering; size not disclosed - SEC filing.  Full Article

BRIEF-Flowers Foods sees voluntary employee separation incentive resulting in reduction of about 3 pct of total workforce ​

* Flowers Foods sees voluntary employee separation incentive resulting in reduction of about 3 pct of co's total workforce prior to implementation ​