|Bid||22.84 x 1200|
|Ask||22.85 x 1300|
|Day's Range||22.82 - 23.05|
|52 Week Range||17.78 - 23.39|
|Beta (3Y Monthly)||0.25|
|PE Ratio (TTM)||28.28|
|Earnings Date||Aug 6, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||0.72 (3.31%)|
|1y Target Est||19.00|
The Zacks Analyst Blog Highlights: Westlake Chemical Partners, Oaktree Capital, Northwest Bancshares, Flowers Foods and Ares Capital
THOMASVILLE, Ga., May 23, 2019 /PRNewswire/ -- Flowers Foods, Inc. (FLO), producer of Nature's Own, Wonder, Tastykake, Dave's Killer Bread, and other bakery foods, today announced several key appointments consistent with the company's management succession plan. Effective May 23, 2019, Bradley K. Alexander, president of Flowers' Fresh Packaged Bread Business Unit, has been named chief operating officer of Flowers Foods. Also effective May 23, 2019, H. Mark Courtney, senior vice president of retail accounts, has been named president of the Fresh Packaged Bread Business Unit.
Flowers Foods Inc. said Thursday it will raised its quarterly dividend by 5.6% to 19 cents a share, from 18 cents. The packaged bakery foods company, which brands include Wonder, Tastykake and Nature's Own, said the new dividend will be payable June 21 to shareholders of record on June 7. Based on Wednesday's stock closing price of $23.00, the new annual dividend rate implies a dividend yield of 3.30%, compared with the implied yield for the S&P 500 of 2.02%, according to FactSet. Flowers Foods's stock has rallied 16.0% over the past year, while the S&P 500 has gained 4.5%.
THOMASVILLE, Ga., May 23, 2019 /PRNewswire/ -- Flowers Foods, Inc. (FLO), producer of Nature's Own, Wonder, Dave's Killer Bread, Tastykake and other bakery foods, today announced that its board of directors has declared a quarterly dividend of $0.19 per share, an increase of 5.6% over the same quarter last year. This is the 67th consecutive quarterly dividend paid by the company and is payable on June 21, 2019 to shareholders of record on June 7, 2019. "The board and management team believe Flowers Foods is well positioned to grow profitably with its leading bakery brands," said George E. Deese, chairman of the board.
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Ryals McMullian was the company's chief operating officer. His promotion was announced in February and takes effect at the shareholder meeting in Thomasville on May 23.
is gaining more than 5% Thursday following its first-quarter earnings beat after Wednesday's closing bell. "We achieved record sales in the first quarter and are proud of the solid start to the year," said Allen Shiver, Flowers Foods president and CEO. Flowers Foods was trading at $22.50 Thursday.
Flowers Foods (FLO) Q1 results gain on solid pricing, improvements at DKB, Nature's Own and Wonder brands and contributions from Canyon Bakehouse.
Flowers Foods (NYSE:FLO) unveiled its quarterly earnings figures late in the afternoon, bringing in earnings that were stronger than what analysts called for in the Wall Street consensus estimate, playing a role in lifting FLO stock more than 3% after hours Wednesday.The Thomasville, Georgia-based business announced today that for its first quarter of its fiscal 2019, it brought in net income of $65.9 million, which tallied up to roughly 31 cents per share. On an adjusted basis when considering non-recurring costs and restructuring costs, the company's earnings tallied up to 32 cents per share.The Wall Street consensus estimate saw Flower Foods bringing in adjusted earnings of 30 cents per share, according to data compiled by Zacks Investment Research in a survey of analysts. The business also amassed adjusted earnings of 30 cents per share during the same quarter in its fiscal 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company also revealed that its revenue for the three-month period came in at $1.26 billion, marking a 4.8% gain when compared to the year-ago quarter. For its fiscal 2019, Flower Foods now forecasts its earnings to be in the range of 94 cents to $1.02 per share.FLO stock is surging about 3.6% after the bell Wednesday off the heels of an impressive quarterly earnings performance from the company. Shares had been up about 0.3% during regular trading hours as Flower Foods prepared itself to report on its latest quarter. More From InvestorPlace * 7 Dividend Stocks to Buy as the Trade War Reignites * 6 Trade War Stocks With a Lot of Risk * 10 Retirement Stocks That Won't Wilt in a Bear Market Compare Brokers The post Flowers Foods Earnings: FLO Stock Gains as Q1 EPS Top the Mark appeared first on InvestorPlace.
Flowers Foods (FLO) delivered earnings and revenue surprises of 6.67% and 2.76%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Thomasville, Georgia-based company said it had profit of 31 cents. Earnings, adjusted for non-recurring costs and restructuring costs, came to 32 cents per share. The bakery goods ...
THOMASVILLE, Ga. , May 15, 2019 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own , Wonder , Tastykake , Dave's Killer Bread , and other bakery foods, today reported financial results ...
Flowers Foods' (FLO) Q1 results are likely to gain from strong brands and the Project Centennial. However, rising material costs are a worry.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Flowers Foods, Inc. New York, May 09, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Flowers Foods, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Flowers Foods (FLO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Flowers Foods Inc NYSE:FLOView full report here! Summary * Bearish sentiment is low and declining Bearish sentimentShort interest | PositiveShort interest is low for FLO with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on April 17. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $2.75 billion over the last one-month into ETFs that hold FLO are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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THOMASVILLE, GA; May 1, 2019-Flowers Foods (NYSE: FLO) will hold a live webcast on Thursday, May 16, 2019 to review first quarter earnings. The company expects the call to last approximately 60 minutes. ...
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