Flowers Foods Intrinsic Value Calculator – FLOWERS FOODS Reports Third Quarter Fiscal Year 2023 Earnings Results on November 9, 2023
December 9, 2023
🌥️Earnings Overview
On November 9, 2023, FLOWERS FOODS ($NYSE:FLO) reported its third quarter Fiscal Year 2023 earnings results, which concluded on September 30, 2023. The total revenue for the quarter amounted to USD 1,199.3 million, a 3.5% growth compared to the same period in the previous year. Unfortunately, the net income saw a decrease to USD -46.7 million, compared to USD 40.5 million in the third quarter of Fiscal Year 2022.
Price History
The company’s stock opened at $22.3 and closed at $22.2. This represented a slight decrease from the opening price. The company attributed this growth in revenue and income to strong demand and increased customer loyalty. The stock price experienced no significant change during the day, likely due to the fact that the company’s performance was largely in line with analysts’ expectations.
Despite this, the company’s leadership remain optimistic about their future, citing increased competition in the market as an opportunity for growth. Overall, FLOWERS FOODS reported a successful third quarter in terms of revenue and net income, although stock price remained largely unchanged. Investors will be watching the company closely in the coming weeks as they continue to compete in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Flowers Foods. More…
| Total Revenues | Net Income | Net Margin |
| 5.04k | 136.34 | 2.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Flowers Foods. More…
| Operations | Investing | Financing |
| 326.67 | -398.37 | -86.49 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Flowers Foods. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.43k | 2.06k | 6.51 |
Key Ratios Snapshot
Some of the financial key ratios for Flowers Foods are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.6% | -13.1% | 4.2% |
| FCF Margin | ROE | ROA |
| 3.7% | 9.2% | 3.8% |
Analysis – Flowers Foods Intrinsic Value Calculator
At GoodWhale, we have been delving into the fundamentals of FLOWERS FOODS and our findings are comprehensive. Our proprietary Valuation Line has calculated the intrinsic value of FLOWERS FOODS share to be around $27.9. This means that currently, the stock is trading at $22.2, rendering it undervalued by 20.4%. This is a great opportunity on the market for investors looking to maximize their returns. More…
Peers
Flowers Foods Inc is one of the leading producers of packaged bakery products in the United States. The company’s principal competitors are J&J Snack Foods Corp, MamaMancini’s Holdings Inc, and Bridgford Foods Corp.
– J&J Snack Foods Corp ($NASDAQ:JJSF)
J&J Snack Foods Corp is a publicly traded company with a market capitalization of $2.66 billion as of March 2022. The company manufactures and markets snack foods and beverages. Its products include ice cream, frozen desserts, cookies, crackers, pretzels, and other snacks. J&J Snack Foods Corp has a return on equity of 5.74%.
J&J Snack Foods Corp was founded in 1971 and is headquartered in Pennsauken, New Jersey. The company operates through three segments: Food Service, Retail, and International. The Food Service segment provides products to foodservice customers, including restaurants, schools, and other institutions. The Retail segment sells products to retail grocery and mass merchandiser customers. The International segment consists of sales to customers located outside of the United States.
– MamaMancini’s Holdings Inc ($NASDAQ:MMMB)
MamaMancini’s Holdings Inc is a food company that specializes in the production of Italian-style foods, such as meatballs, sausages, and pasta sauce. The company has a market cap of $39.22 million and a return on equity of -14.63%. MamaMancini’s Holdings Inc is a publicly traded company on the Nasdaq Stock Market under the ticker symbol “MMMB.”
– Bridgford Foods Corp ($NASDAQ:BRID)
Bridgford Foods Corporation is a food company that specializes in the manufacture and sale of frozen and refrigerated food products. The company has a market capitalization of 115.55 million as of 2022 and a return on equity of 46.05%. Bridgford Foods Corporation’s products include breads, rolls, biscuits, snacks, and other frozen and refrigerated foods. The company operates in the United States and Canada.
Summary
FLOWERS FOODS, an American food producer, reported its third quarter of Fiscal Year 2023 results on November 9, 2023. Total revenue was USD 1,199.3 million, a 3.5% year-over-year increase. This decrease in net income combined with a slower growth rate in total revenue suggests that the company may be facing increased competition. Investors should be cautious about the company’s future prospects, and monitor any changes in their financial performance and market position.
