its called stockholders equity that a company uses for capital improvements and for expansion and Flowers buying out over 100 companies in their history and growing like they have over the same period of time plus never having a year with a loss in profit speaks volumes, its called great management and research and development ask Forbes that said they are the best managed company in the USA period.
keeping flo on the watch list for now. they seem very opportunistic with their buys. tastycake and now hostess buys while in distress. if yahoo PEG number is correct, its a little high for my liking, especially for a food company. but I do like the company, just a little pricey here.