Flowers Foods to Reveal Earnings in Upcoming Conference Call on Friday
November 2, 2024
🌥️Trending News
Flowers Foods ($NYSE:FLO) is a leading producer and marketer of packaged bakery goods in the United States. The company offers a wide range of products, including bread, buns, rolls, muffins, and tortillas, under various brands such as Nature’s Own, Wonder Bread, and Dave’s Killer Bread. Investors and analysts are eagerly anticipating the upcoming earnings announcement from Flowers Foods, which is scheduled for Friday, November 8. It will also give investors insights into the company’s future plans and strategies. One of the key factors contributing to the success of Flowers Foods is its strong distribution network. This wide reach allows Flowers Foods to effectively cater to the needs of its customers and maintain a competitive edge in the market. Another aspect that sets Flowers Foods apart is its commitment to innovation and product development.
The company continuously introduces new products and flavors to meet changing consumer preferences and demands. For instance, it recently launched a line of organic bread under its Nature’s Own brand, catering to the growing trend of health-conscious consumers. In addition to its robust distribution network and innovative product offerings, Flowers Foods also has a strong financial track record. In conclusion, Flowers Foods has proven to be a strong and successful player in the packaged bakery goods industry. With its upcoming earnings announcement, investors and analysts will have the opportunity to gain further insight into the company’s financial performance and strategic direction. With its solid track record and commitment to innovation, Flowers Foods is well-positioned for continued growth and success in the market.
Earnings
Flowers Foods, a leading producer and marketer of packaged bakery goods, is set to announce their latest earnings in an upcoming conference call on Friday. The call will reveal the financial results for the fourth quarter of the fiscal year 2023, ending on December 31, 2021. According to their previous earnings report, Flowers Foods earned a total revenue of 983.49 million USD in the fourth quarter of fiscal year 2023.
However, despite the decrease in revenue and net income, Flowers Foods has shown steady growth over the past three years. This showcases the company’s ability to adapt and thrive in the ever-changing market. Investors and analysts will be eagerly anticipating the upcoming conference call to gain insights into Flowers Foods’ financial performance and future plans. With their strong track record of growth and success, the company is poised to continue delivering value to its shareholders and customers.
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 |
| 5.09k | 123.42 | 2.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Flowers Foods. More…
| Operations | Investing | Financing |
| 349.35 | -403.81 | -88.15 |
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 | 2.08k | 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 |
| 5.1% | -19.4% | 3.4% |
| FCF Margin | ROE | ROA |
| 4.3% | 7.9% | 3.2% |
Stock Price
The company’s stock opened at $22.26 and closed at $22.2 on Thursday, reflecting a slight decrease of 0.13% from its previous closing price of 22.23. Investors and analysts will eagerly await the details of Flowers Foods‘ financial performance in the call, which is expected to shed light on the company’s growth and future prospects. This earnings announcement comes at a time when the baking industry has been facing challenges due to shifting consumer preferences and market disruptions caused by the pandemic. Flowers Foods, like many other companies in this sector, has had to adapt and evolve in response to these changes. The conference call will provide valuable insights into how the company has navigated through these challenges and its plans for the future. In recent years, Flowers Foods has been consistently growing its revenue and expanding its market share.
However, like many companies, Flowers Foods has also faced supply chain disruptions and increased costs due to the pandemic. The upcoming conference call will likely address how these factors have impacted the company’s financial performance and what steps it has taken to mitigate them. Investors will also be keen on hearing about any new developments and initiatives that Flowers Foods may have in the pipeline. The company has been actively pursuing growth opportunities through acquisitions and partnerships in recent years, and it will be interesting to see if there are any updates on these fronts.
Additionally, with consumers becoming more health-conscious, there might be a discussion on how Flowers Foods is responding to changing consumer preferences and incorporating healthier options into its product portfolio. It will provide valuable insights into the company’s financial performance, strategies, and future plans. With the baking industry facing challenges, the call will be closely watched to see how Flowers Foods is navigating through these uncertain times and positioning itself for long-term success. Live Quote…
Analysis
After conducting a thorough analysis of FLOWERS FOODS, I have concluded that it falls under the category of ‘cow’ according to the Star Chart. This type of company is known for its consistent and sustainable dividend payments, making it an attractive option for investors looking for a stable source of income. One of the key factors that led to this classification is FLOWERS FOODS’ strong fundamentals, particularly in terms of its health score. It has a score of 8 out of 10, which indicates that the company is in a good financial position and capable of sustaining its operations even during times of crisis. This is a reassuring aspect for investors as it shows that FLOWERS FOODS has a solid foundation and is well-equipped to weather any potential challenges in the future. One of the areas where FLOWERS FOODS stands out is its solid track record in paying dividends. This is a significant factor for investors who prioritize receiving regular income from their investments. Additionally, the company has shown consistent profitability over time, further solidifying its status as a reliable investment choice. However, FLOWERS FOODS does have some weaknesses, particularly in terms of its assets and growth. It may not have as strong of a asset base compared to other companies, and its growth potential may be limited. These factors may be a concern for investors who are looking for rapid growth in their investments. In conclusion, FLOWERS FOODS is a strong company with a solid foundation and a track record of consistent dividend payments. This makes it an attractive option for investors who prioritize stability and reliability in their investments. However, those seeking high growth potential may need to consider other options. 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, a food manufacturing company, is set to release its earnings report on Friday, November 8. This announcement will provide valuable information for investors as they analyze the company’s financial performance. With the market constantly changing, it is important to pay attention to key factors such as revenue growth, profit margins, and cash flow. These metrics can help investors determine the company’s financial health and potential for future growth.
Additionally, staying informed on the company’s conference call, where management will discuss their strategies and outlook, can provide insights into the company’s future plans and trajectory. Investors should closely monitor Flowers Foods’ earnings release for potential investment opportunities.
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