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Flowers Foods Inc (FLO.N)

FLO.N on New York Stock Exchange

20.63USD
17 Aug 2018
Change (% chg)

$0.32 (+1.58%)
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$20.31
Open
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Volume
236,686
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377,217
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$22.81
52-wk Low
$17.21

Latest Key Developments (Source: Significant Developments)

Flowers Foods Q1 Adjusted EPS $0.30
Wednesday, 16 May 2018 04:15pm EDT 

May 16 (Reuters) - Flowers Foods Inc ::FLOWERS FOODS, INC. REPORTS FIRST QUARTER 2018 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.30.Q1 EARNINGS PER SHARE $0.24.Q1 SALES $1.206 BILLION VERSUS I/B/E/S VIEW $1.2 BILLION.Q1 EARNINGS PER SHARE VIEW $0.31 -- THOMSON REUTERS I/B/E/S.REAFFIRMED OUTLOOK FOR FISCAL 2018.FY2018 EARNINGS PER SHARE VIEW $1.10, REVENUE VIEW $3.96 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Flowers Foods Increases Quarterly Dividend By 6.3 Pct To $0.17/Share
Friday, 16 Feb 2018 08:50am EST 

Feb 16 (Reuters) - Flowers Foods Inc ::FLOWERS FOODS DECLARES DIVIDEND.INCREASES QUARTERLY DIVIDEND BY 6.3 PERCENT TO $0.17PER SHARE.  Full Article

Flowers Foods Reports Q4 Earnings Per Share $0.37
Wednesday, 7 Feb 2018 04:45pm EST 

Feb 7 (Reuters) - Flowers Foods Inc ::FLOWERS FOODS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.17.Q4 EARNINGS PER SHARE $0.37.Q4 SALES ROSE 0.6 PERCENT TO $873.6 MILLION.SEES ‍2018 SALES IN RANGE OF APPROXIMATELY $3.921 BILLION TO $3.982 BILLION​.IN QUARTER, DILUTED EPS INCREASED $0.31 TO $0.37, INCLUDING APPROXIMATELY $0.23 RELATED TO TAX REFORM.SEES 2018 ADJUSTED DILUTED EPS IN RANGE OF $1.04 TO $1.16.CAPITAL EXPENDITURES FOR 2018 ARE ESTIMATED TO BE IN RANGE OF $95 MILLION TO $105 MILLION.AS PART OF PROJECT CENTENNIAL, COMPANY ACHIEVED GROSS COST SAVINGS OF $32 MILLION IN FISCAL 2017.IS TARGETING ADDITIONAL GROSS SAVINGS IN FISCAL 2018 OF $38 MILLION TO $48 MILLION AS PART OF PROJECT CENTENNIAL.Q4 REVENUE VIEW $861.0 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $0.96, REVENUE VIEW $3.94 BILLION -- THOMSON REUTERS I/B/E/S.‍COMPANY EXPECTS ORGANIZATIONAL MODEL AS PER PROJECT CENTENNIAL​ TO BE FULLY IMPLEMENTED IN FISCAL 2019.  Full Article

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

BRIEF-Flowers Foods Q1 Adjusted EPS $0.30

* Q1 EARNINGS PER SHARE VIEW $0.31 -- THOMSON REUTERS I/B/E/S