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Flowers Foods Inc (FLO.N)

FLO.N on New York Stock Exchange

20.36USD
21 Jun 2018
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$-0.65 (-3.09%)
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Latest Key Developments (Source: Significant Developments)

Flowers Foods Says Received From A Supplier Several Shipments Of Inferior Yeast - SEC Filing
Wednesday, 20 Jun 2018 

June 20 (Reuters) - Flowers Foods Inc ::FLOWERS FOODS SAYS RECEIVED FROM A SUPPLIER SEVERAL SHIPMENTS OF INFERIOR YEAST - SEC FILING.FLOWERS FOODS SAYS SUPPLIER CONFIRMED "INFERIOR" YEAST USED IN BAKING PROCESS IS SAFE FOR CONSUMPTION.FLOWERS FOODS SAYS CUSTOMERS AND CONSUMERS HAVE REPORTED INSTANCES OF UNSATISFACTORY PRODUCT ATTRIBUTES, PRIMARILY INVOLVING SMELL AND TASTE.FLOWERS FOODS - INFERIOR YEAST REDUCED PRODUCT QUALITY & DISRUPTED PRODUCTION & DISTRIBUTION OF FOODSERVICE & RETAIL BREAD AT NUMBER OF CO'S BAKERIES.FLOWERS FOODS INC - UNDERLYING CAUSE OF INFERIOR YEAST HAS BEEN DETERMINED, AND ACTIONS HAVE BEEN TAKEN IN ORDER TO SUPPLY MARKET WITH QUALITY PRODUCT.FLOWERS FOODS - CO DOES NOT HAVE AN ESTIMATE OF POTENTIAL FINANCIAL IMPACT OF DISRUPTION CAUSED BY INFERIOR YEAST AT THIS TIME.FLOWERS FOODS - ARRANGED FOR AN ALTERNATE SUPPLIER OF YEAST AND PRODUCTION AND DISTRIBUTION DISRUPTIONS TO BE SUBSTANTIALLY RESOLVED WITHIN DAYS.  Full Article

Flowers Foods Says Issued Trade Notice Informing Some Third-Party Customers Of Voluntary Recall Of Unbaked Frozen Biscuits
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Flowers Foods Inc ::FLOWERS FOODS SAYS ON JAN 4,ISSUED TRADE NOTICE INFORMING SOME THIRD-PARTY CUSTOMERS OF VOLUNTARY RECALL OF UNBAKED (RAW) FROZEN BISCUITS - SEC FILING.FLOWERS FOODS - ‍ISSUED RECALL BECAUSE OF POSSIBLE CONTAMINATION WITH LISTERIA MONOCYTOGENES​.FLOWERS FOODS INC - ‍RECALL IS NOT ANTICIPATED TO BE FINANCIALLY MATERIAL; NO ILLNESSES HAVE BEEN REPORTED​ RELATED TO RECALLED PRODUCT.  Full Article

Flowers Foods Says ‍on Nov. 29, Co Entered Into Sixth Amendment To Amended Credit Agreement
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Flowers Foods Inc ::FLOWERS FOODS SAYS ON NOV 29, CO ENTERED INTO SIXTH AMENDMENT TO EXTEND MATURITY DATE OF EXISTING CREDIT AGREEMENT TO NOVEMBER 29, 2022 - SEC FILING.FLOWERS FOODS INC - ‍ON NOV. 29, 2017 CO ENTERED INTO SIXTH AMENDMENT TO ITS AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF OCTOBER 24, 2003​.FLOWERS FOODS INC - ‍AMENDMENT EXTENDS MATURITY DATE OF EXISTING CREDIT AGREEMENT TO NOVEMBER 29, 2022​.FLOWERS FOODS INC - ‍AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED REVOLVING CREDIT FACILITY UNDER AMENDED CREDIT AGREEMENT IS $500 MILLION​.  Full Article

Flowers Foods declares quarterly dividend of $0.17 per share
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Flowers Foods Inc :Flowers Foods declares dividend.Flowers Foods Inc - ‍Board of directors has declared a quarterly dividend of $0.17 per share, an increase of 6.3% over same quarter last year​.  Full Article

Flowers Foods Inc reports Q3 adjusted earnings per share $0.23
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Flowers Foods Inc ::Flowers Foods Inc reports third quarter 2017 results.Sees fy 2017 adjusted earnings per share $0.85 to $0.90 excluding items.Q3 adjusted earnings per share $0.23.Q3 sales $932.8 million versus I/B/E/S view $911.1 million.Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Sees fy 2017 sales $3.888 billion to $3.927 billion.Q3 loss per share $0.16.Fy2017 earnings per share view $0.85, revenue view $3.89 billion -- Thomson Reuters I/B/E/S.  Full Article

FLOWERS FOODS REPORTS Q4 EARNINGS PER SHARE $0.06
Monday, 13 Feb 2017 

Flowers Foods Inc : FLOWERS FOODS, INC. REPORTS FOURTH QUARTER AND YEAR-END 2016 RESULTS . Q4 EARNINGS PER SHARE $0.06 . Q4 EARNINGS PER SHARE VIEW $0.16 -- THOMSON REUTERS I/B/E/S . Q4 ADJUSTED EARNINGS PER SHARE $0.91 . QTRLY SALES INCREASED 1.2% TO $868.7 MILLION . FLOWERS FOODS INC - FOR 52-WEEK FISCAL 2017, COMPANY EXPECTS ADJUSTED DILUTED EPS IN RANGE OF $0.85 TO $0.95 . FLOWERS FOODS INC - "DURING FISCAL 2017, COMPANY WILL BE TRANSITIONING TO A MORE EFFECTIVE OPERATING MODEL" . FLOWERS FOODS INC - FLOWERS IS TARGETING AT LEAST 250 BASIS POINTS OF NET EBITDA MARGIN IMPROVEMENT BY FISCAL 2021 . Q4 REVENUE VIEW $874.2 MILLION -- THOMSON REUTERS I/B/E/S . FLOWERS FOODS -SEES FOR 52-WEEK FISCAL 2017 SALES IN RANGE OF $3.927 BILLION TO $4.006 BILLION, REPRESENTING GROWTH OF ABOUT 0.0% TO 2.0% . FLOWERS FOODS INC SEES COSTS ASSOCIATED WITH TRANSITION TO BE WEIGHTED TO H1 2017, WHILE MAJORITY OF SAVINGS EXPECTED TO BE REALIZED IN FISCAL 2018 . "EXPECTS TO ACHIEVE RUN RATE COST REDUCTIONS OF AT LEAST $45 MILLION BY FISCAL 2018" .FY2017 EARNINGS PER SHARE VIEW $0.95, REVENUE VIEW $3.98 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Flowers Foods Inc says co reached an agreement to settle class action lawsuit filed on March 2013
Friday, 9 Dec 2016 

Flowers Foods Inc : Flowers Foods Inc - on Dec 9, co reached an agreement to settle class action lawsuit filed on March 2013 .Flowers Foods Inc - settlement provides for payment of $9 million, comprised of $5.2 million in settlement funds and $3.8 million in attorneys' fees - SEC Filing.  Full Article

Flowers Foods prices $400 mln of 3.500% senior notes due 2026
Friday, 23 Sep 2016 

Flowers Foods Inc : Flowers foods, inc. Prices $400 million of 3.500% senior notes due 2026 .Notes will bear interest at a rate of 3.500% per annum and will mature on october 1, 2026.  Full Article

Flowers Foods files for potential senior notes offering
Friday, 23 Sep 2016 

Flowers Foods Inc :Files for potential senior notes offering; size not disclosed - SEC filing.  Full Article

Flowers Foods Inc - "Revised guidance takes into consideration soft consumer demand in bakery category"
Wednesday, 10 Aug 2016 

Flowers Foods Inc : Flowers Foods, Inc. Reports second quarter 2016 results . Q2 earnings per share view $0.26 -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share $0.88 to $0.93 . Sees FY 2016 sales $3.93 billion to $3.986 billion . Q2 adjusted earnings per share $0.26 excluding items . Sees FY 2016 adjusted earnings per share $0.90 to $0.95 . Q2 earnings per share $0.24 . Q2 sales $935 million versus I/B/E/S view $949 million . FY2016 earnings per share view $1.00, revenue view $3.99 billion -- Thomson Reuters I/B/E/S ."Revised guidance takes into consideration soft consumer demand in bakery category".  Full Article

BRIEF-Flowers Foods Inc Says CEO Allen L. Shiver's 2017 Total Compensation Was $6.5 Million Versus $5.6 Million In 2016

* FLOWERS FOODS INC SAYS CEO ALLEN L. SHIVER'S 2017 TOTAL COMPENSATION WAS $6.5 MILLION VERSUS $5.6 MILLION IN 2016 – SEC FILING‍​ Source text - https://bit.ly/2GsYF2X Further company coverage: