|Bid||20.00 x 200|
|Ask||20.19 x 100|
|Day's Range||20.72 - 21.46|
|52 Week Range||16.80 - 21.46|
|PE Ratio (TTM)||30.07|
|Earnings Date||May 15, 2018 - May 21, 2018|
|Forward Dividend & Yield||0.68 (3.19%)|
|1y Target Est||21.86|
THOMASVILLE, Ga., Feb. 16, 2018 /PRNewswire/ -- Flowers Foods (FLO) today announced that its board of directors has declared a quarterly dividend of $0.17 per share, an increase of 6.3% over the same quarter last year. This is the 62nd consecutive quarterly dividend paid by the company, and is payable on March 16, 2018 to shareholders of record on March 2, 2018. Headquartered in Thomasville, Ga., Flowers Foods, Inc. (FLO) is one of the largest producers of fresh packaged bakery foods in the United States with 2017 sales of $3.9 billion.
Flowers Foods (FLO) is a leading name in the bakery space. The company is best known for brands like Dave’s Killer Bread, Wonder, Nature’s Own, and Mrs. Freshley’s. The company’s recently reported 4Q17 results benefitted from strong demand for Dave’s Killer Bread. More importantly, the company added that Dave’s Killer Bread along with Wonder and Nature’s Own helped to improve its dollar share for six successive quarters, according to research firm IRI.
Driven by strong demand for Dave’s Killer Bread, Flowers Foods (FLO) reported 4Q17 sales of $873.6, which easily beat the analysts’ estimate of $861 million. Sales benefited 110 basis points from favorable product and price mixes but were negatively impacted by 50 basis points due to divestiture. Flowers Foods’ DSD segment reported a 1.1% increase in sales to $738.6 million in fiscal 4Q17.
The company’s adjusted EPS (earnings per share) of $0.17 and sales of $873.6 million in fiscal 4Q17 easily topped the analysts’ estimate of $0.15 and $861 million, respectively. Despite a tough operational backdrop, the company stated that the demand upsurge in Dave’s Killer Bread boosted the company’s sales performance in fiscal 4Q17. On a YTD (year-to-date) basis, the stock price is up 5.5%.
One of the best paying dividend stock on our list is Cracker Barrel Old Country Store. Dividend stocks are a great way to hedge your portfolio as they provide bothRead More...
NEW YORK, Feb. 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Great ...
NEW YORK, NY / ACCESSWIRE / February 8, 2018 / Flowers Foods, Inc. (NYSE: FLO ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 8, 2018 at 8:30 AM Eastern Time. ...
The Thomasville, Georgia-based company said it had net income of 37 cents per share. Earnings, adjusted for one-time gains and costs, came to 17 cents per share. The bakery goods company posted revenue ...
THOMASVILLE, Ga. , Feb. 7, 2018 /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 ...
THOMASVILLE, GA; January 24, 2018-Flowers Foods (NYSE: FLO) will hold a live webcast on Thursday, February 8, 2018 at 8:30 a.m. Eastern to review fourth quarter and full year 2017 results. The company ...
NEW YORK, Jan. 22, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Flowers ...
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
After reading Flowers Foods Inc’s (NYSE:FLO) most recent earnings announcement (07 October 2017), I found it useful to look back at how the company has performed in the past andRead More...