Edition:
United States

Flowers Foods Inc (FLO.N)

FLO.N on New York Stock Exchange

19.34USD
19 Jan 2018
Change (% chg)

$0.21 (+1.10%)
Prev Close
$19.13
Open
$19.14
Day's High
$19.35
Day's Low
$19.08
Volume
207,625
Avg. Vol
391,165
52-wk High
$20.99
52-wk Low
$16.87

Latest Key Developments (Source: Significant Developments)

Flowers Foods Says Issued Trade Notice Informing Some Third-Party Customers Of Voluntary Recall Of Unbaked Frozen Biscuits
Thursday, 11 Jan 2018 05:13pm EST 

Jan 11 (Reuters) - Flowers Foods Inc ::FLOWERS FOODS SAYS ON JAN 4,ISSUED TRADE NOTICE INFORMING SOME THIRD-PARTY CUSTOMERS OF VOLUNTARY RECALL OF UNBAKED (RAW) FROZEN BISCUITS - SEC FILING.FLOWERS FOODS - ‍ISSUED RECALL BECAUSE OF POSSIBLE CONTAMINATION WITH LISTERIA MONOCYTOGENES​.FLOWERS FOODS INC - ‍RECALL IS NOT ANTICIPATED TO BE FINANCIALLY MATERIAL; NO ILLNESSES HAVE BEEN REPORTED​ RELATED TO RECALLED PRODUCT.  Full Article

Flowers Foods Says ‍on Nov. 29, Co Entered Into Sixth Amendment To Amended Credit Agreement
Thursday, 30 Nov 2017 03:32pm EST 

Nov 30 (Reuters) - Flowers Foods Inc ::FLOWERS FOODS SAYS ON NOV 29, CO ENTERED INTO SIXTH AMENDMENT TO EXTEND MATURITY DATE OF EXISTING CREDIT AGREEMENT TO NOVEMBER 29, 2022 - SEC FILING.FLOWERS FOODS INC - ‍ON NOV. 29, 2017 CO ENTERED INTO SIXTH AMENDMENT TO ITS AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF OCTOBER 24, 2003​.FLOWERS FOODS INC - ‍AMENDMENT EXTENDS MATURITY DATE OF EXISTING CREDIT AGREEMENT TO NOVEMBER 29, 2022​.FLOWERS FOODS INC - ‍AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED REVOLVING CREDIT FACILITY UNDER AMENDED CREDIT AGREEMENT IS $500 MILLION​.  Full Article

Flowers Foods declares quarterly dividend of $0.17 per share
Friday, 17 Nov 2017 08:50am EST 

Nov 17 (Reuters) - Flowers Foods Inc :Flowers Foods declares 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 reports Q3 adjusted earnings per share $0.23
Wednesday, 8 Nov 2017 04:45pm EST 

Nov 8 (Reuters) - Flowers Foods Inc ::Flowers Foods Inc reports third quarter 2017 results.Sees fy 2017 adjusted earnings per share $0.85 to $0.90 excluding items.Q3 adjusted earnings per share $0.23.Q3 sales $932.8 million versus I/B/E/S view $911.1 million.Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Sees fy 2017 sales $3.888 billion to $3.927 billion.Q3 loss per share $0.16.Fy2017 earnings per share view $0.85, revenue view $3.89 billion -- Thomson Reuters I/B/E/S.  Full Article

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

BRIEF-Flowers Foods Says Issued Trade Notice Informing Some Third-Party Customers Of Voluntary Recall Of Unbaked Frozen Biscuits

* FLOWERS FOODS SAYS ON JAN 4,ISSUED TRADE NOTICE INFORMING SOME THIRD-PARTY CUSTOMERS OF VOLUNTARY RECALL OF UNBAKED (RAW) FROZEN BISCUITS - SEC FILING