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Recap: Flowers Foods Q1 Earnings

Flowers Foods (NYSE:FLO) reported Q1 results after the close. Quarterly Results Earnings per share were up 28.12% year over year to $0.41, which beat the estimate of $0.33. Revenue of $1,349,000,000 higher by 6.72% year over year, which beat the estimate of $1

Benzinga · 05/13/2020 21:06

Flowers Foods (NYSE:FLO) reported Q1 results after the close.

Quarterly Results

Earnings per share were up 28.12% year over year to $0.41, which beat the estimate of $0.33.

Revenue of $1,349,000,000 higher by 6.72% year over year, which beat the estimate of $1,320,000,000.

Looking Ahead

Flowers Foods hasn't issued any earnings guidance for the time being.

How To Listen To The Conference Call

Date: May 14, 2020

Time: 07:59 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/3pyw7zuq

Price Action

52-week high: $25.08

52-week low was at $17.42

Price action over last quarter: Up 3.57%

Company Description

Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The operating segments are divided into direct store delivery, which provides fresh breads, tortillas, cakes, and rolls; and the warehouse segment, which distributes fresh snack cakes and frozen breads and rolls. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, and Tastykake.