Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and two leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.

Flowers Foods, Inc.

Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2022 sales of $4.8 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake.

Flowers Foods & Subsidiaries

Almost every weekend, you can find Malaysia Christian Propst, quality manager at the Jamestown bakery, volunteering around the community in her hometown of Winston-Salem, N.C.

In her free time, Malaysia helps host a food pantry and weekend meal distributions at Hope of Winston-Salem, inspects donations at Second Harvest Food Bank of Northwest North Carolina, and works on job sites for Habitat for Humanity. She also volunteers seasonally with Samaritan Ministries Winston Salem Forsyth County, SECU Family House of Winston-Salem, Wreaths Across America, YWCA of Winston-Salem, and The Salvation Army.

She is especially passionate about supporting the hungry and homeless.

“I am very fortunate to have extra hours to give, but I encourage everyone: Even if you only have a little bit of time – even if you only have 30 minutes – try to give just a little bit,” she says. “Many people are one paycheck away from homelessness. We're all very fortunate to have the things that we have, but there are just so many people who are not.”

Flowers employees can learn more about what inspires Malaysia to give back on our Intranet at: https://lnkd.in/eSDyMCsJ.

Yesterday, Flowers Foods reported fourth quarter and full year financial results for 2023. Learn more in our press release (https://lnkd.in/em4gigeK) and webcast (https://lnkd.in/etdY8Mhn). 

In this month’s issue of Commercial Baking, Penny Patterson-Smith, Flowers Foods’ first chief innovation officer, talks about how her newly created position drives Flowers forward by uncovering new, unmet, or underserved needs “bubbling to the surface” of the market. The way she sees it, this is an open landscape of opportunity.

“We don’t live in a static environment,” Penny says. “People change, their habits change, and the world around them changes. So, we need to understand how all those needs and wants are evolving.” 

Read Penny’s full profile to learn more about this exciting new chapter for Flowers at: https://lnkd.in/ez3tb_rZ.

Think outside the chocolate box this #ValentinesDay with Tastykake’s classic single serve Mini Donuts in special-edition packaging featuring Cupid and an array of hearts. Available in stores now! 💘 

In honor of #Wonder’s ongoing partnership with the USO, the brand is giving consumers a chance to win free groceries for a year through the Deploy More Joy sweepstakes. 

And what's better than winning free groceries for a year? Sharing the win with the USO! 

The USO Center nearest to the grand prize winner will receive a $1,500 gift card to purchase their own entertainment set to help military service members relax, unwind, and connect with loved ones. Learn more at: deploythejoy.com. #theUSO

NO PURCHASE NECESSARY. Sweepstakes begins at or about 12:00 PM ET on 1/12/24 and ends at 11:59:59 PM ET on 4/13/24. Open only to legal residents of the 50 US/DC who are 18 years or older. See Official Rules for how to enter, odds, prize details and restrictions. Void where prohibited. 

	Dec '13	Jan '15	Jan '16	Dec '16	Dec '17	Dec '18	Dec '19	Jan '21	Jan '22	Dec '22	Dec '23
revenue	3.75B -	3.75B 0.05%	3.78B 0.79%	3.93B 3.93%	3.92B 0.16%	3.95B 0.79%	4.12B 4.36%	4.39B 6.40%	4.33B 1.30%	4.81B 10.97%	5.09B 5.93%
cost of revenue	1.97B -	1.95B 1.09%	1.96B 0.64%	2.03B 3.22%	2.01B 0.85%	2.07B 2.88%	2.16B 4.30%	2.20B 1.88%	2.18B 0.95%	2.50B 15.02%	2.78B 11.27%
gross profit	1.78B -	1.80B 1.10%	1.82B 0.95%	1.90B 4.69%	1.91B 0.59%	1.89B 1.39%	1.97B 4.42%	2.19B 11.36%	2.16B 1.66%	2.30B 6.88%	2.31B 0.14%
selling and marketing expenses							48.20M -	60.40M 25.31%	77.70M 28.64%	74.60M 3.99%	-140.97M 288.97%
general and administrative expenses	1.38B -	1.37B 0.50%	1.38B 0.97%	1.46B 5.99%	1.50B 2.71%	1.51B 0.23%	1.58B 4.50%	1.69B 7.51%	1.72B 1.56%	1.85B 7.61%	2.12B 14.53%
selling general and administrative expenses	1.38B -	1.37B 0.50%	1.38B 0.97%	1.46B 5.99%	1.50B 2.71%	1.51B 0.23%	1.58B 4.50%	1.69B 7.51%	1.72B 1.56%	1.85B 7.61%	1.98B 6.91%
research and development expenses							4.30M -	4M 6.98%	5.60M 40%	6.10M 8.93%	5.90M 3.28%
other expenses	118.49M -	-15.39M 112.99%	132.18M 959.00%	-6.65M 105.03%	-4.65M 30.05%	-3.21M 30.91%	144.23M 4,590.29%	141.38M 1.97%	136.56M 3.41%	141.96M 3.95%
cost and expenses	3.47B -	3.45B 0.52%	3.48B 0.84%	3.63B 4.45%	3.66B 0.78%	3.72B 1.60%	3.88B 4.22%	4.03B 4.02%	4.03B 0.02%	4.49B 11.48%	4.76B 5.96%
operating expenses	1.49B -	1.50B 0.24%	1.51B 1.10%	1.61B 6.04%	1.65B 2.83%	1.65B 0.05%	1.72B 4.12%	1.83B 6.71%	1.86B 1.18%	1.99B 7.34%	1.98B 0.71%
interest expense	12.86M -	7.34M 42.92%	4.85M 33.96%	14.35M 196.06%	13.62M 5.11%	7.93M 41.77%	11.10M 39.92%	12.09M 8.98%	8.00M 33.84%	5.28M 34.05%	16.03M 203.81%
ebitda	403.65M -	430.05M 6.54%	433.82M 0.88%	436.28M 0.57%	407.80M 6.53%	374.56M 8.15%	393.18M 4.97%	498.36M 26.75%	434.78M 12.76%	453.00M 4.19%	480.22M 6.01%
operating income	335.23M -	275.39M 17.85%	297.88M 8.16%	263.89M 11.41%	162.91M 38.27%	212.34M 30.34%	225.43M 6.16%	321.49M 42.61%	294.92M 8.26%	303.21M 2.81%	328.51M 8.34%
depreciation and amortization	118.49M -	128.96M 8.84%	132.18M 2.49%	140.87M 6.58%	146.72M 4.15%	144.12M 1.77%	167.75M 16.39%	176.87M 5.43%	139.86M 20.92%	149.78M 7.10%	151.71M 1.29%
total other income expenses net	50.07M -	-25.70M 151.32%	-3.77M 85.32%	-31.52M 735.93%	-98.17M 211.43%	-28.55M 70.92%	-13.35M 53.26%	-120.78M 805.04%	-24.15M 80.01%	-4.50M 81.35%	-171.40M 3,705.53%
income before tax	322.37M -	268.05M 16.85%	293.03M 9.32%	249.54M 14.84%	149.29M 40.17%	197.16M 32.06%	212.08M 7.57%	200.71M 5.36%	270.77M 34.91%	298.71M 10.32%	157.11M 47.41%
income tax expense	91.48M -	92.31M 0.91%	103.84M 12.48%	85.76M 17.41%	-827K 100.96%	40.00M 4,936.88%	47.55M 18.86%	48.39M 1.78%	64.58M 33.46%	70.32M 8.88%	33.69M 52.09%
net income	230.89M -	175.74M 23.89%	189.19M 7.65%	163.78M 13.43%	150.12M 8.34%	157.16M 4.69%	164.54M 4.69%	152.32M 7.43%	206.19M 35.37%	228.39M 10.77%	123.42M 45.96%
weighted average shs out	207.94M -	209.68M 0.84%	210.79M 0.53%	208.51M 1.08%	209.57M 0.51%	211.02M 0.69%	211.61M 0.28%	211.78M 0.08%	211.84M 0.03%	211.90M 0.03%	211.63M 0.13%
weighted average shs out dil	211.93M -	213.09M 0.55%	213.36M 0.12%	210.35M 1.41%	210.44M 0.04%	211.63M 0.57%	211.97M 0.16%	212.34M 0.18%	213.03M 0.32%	213.23M 0.09%	213.36M 0.06%
eps	1.11 -	0.84 24.32%	0.90 7.14%	0.79 12.22%	0.72 8.86%	0.74 2.78%	0.78 5.41%	0.72 7.69%	0.97 34.72%	1.08 11.34%	0.58 46.30%
epsdiluted	1.09 -	0.82 24.77%	0.89 8.54%	0.78 12.36%	0.71 8.97%	0.74 4.23%	0.78 5.41%	0.72 7.69%	0.97 34.72%	1.07 10.31%	0.58 45.79%

COM:FLOWERSFOODS

Flowers Foods Corporation

Last Close

22.27

26/07 20:00

Market Cap

4.53B

Beta: -

Volume Today

1.05M

Avg: -

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