Flowers Foods Inc (FLO)

FLOWERS FOODS, INC. REPORTS FIRST QUARTER 2026 RESULTSMay 21, 2026 4:05 PM
PR Newswire (US) THOMASVILLE, Ga., May 21, 2026 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company's 16-week first quarter ended April 25, 2026. First Quarter Summary:
Compared to the prior year first quarter where applicableNet sales(1) increased 1.1% to $1.572 billion as the Simple Mills acquisition and pricing/mix more than offset volume declines.Net income decreased 20.6% to $42.1 million, representing 2.7% of sales, a 70-basis point decrease, primarily due to a challenging consumer environment and higher interest expense, partly offset by the prior year plant closure costs and moderating ingredient costs. Adjusted net income(2) decreased 17.4% to $60.9 million.Adjusted EBITDA(2) decreased 1.8% to $159.0 million, representing 10.1% of net sales, a 30-basis point decrease.Diluted EPS decreased $0.05 to $0.20. Adjusted diluted EPS(2) decreased $0.06 to $0.29.Quarterly Cash Dividend Declared
The company today announced that its board of directors has declared a quarterly dividend of $0.1250 per share, representing the 95th consecutive quarterly dividend paid by the company and is payable on June 26, 2026, to shareholders of record on June 12, 2026.Chairman and CEO Remarks:
"Flowers' first quarter reflects our team's disciplined cost management, helping us deliver financial performance in-line with expectations despite softer top-line results driven by ongoing challenging macroeconomic conditions impacting the category," said Ryals McMullian, chairman and CEO of Flowers Foods. "At the same time, we've made meaningful progress in strengthening our long-term position by evolving our product portfolio to better meet consumers' needs, including the relaunch of Nature's Own, now with simple ingredients and Non-GMO Project Verified certification – a mainstream category first. While we continue to approach the balance of the year with appropriate caution given the ongoing challenging external environment, we remain confident in the strength of our brands, robust supply chain and delivery network, growing presence in the better-for-you categories, and improving balance sheet. These factors give us confidence we are well positioned to navigate headwinds and drive long-term shareholder value.""The comprehensive review of our brand portfolio, supply chain, and financial strategy announced last quarter is well underway and helping to further clarify how we allocate resources to strengthen our position and support the growth of our strongest brands," McMullian added. "As part of this effort, we reset our quarterly dividend to $0.125 per share, or $0.50 per share on an annualized basis, allowing us to prioritize meaningful debt reduction while continuing to invest behind the brands, innovation, and capabilities that we believe will drive sustainable above-category growth over time. As we move forward and execute our strategy, we expect dividends to remain an important component of our overall shareholder value proposition. With respect to our 2026 outlook, we are reaffirming guidance and our team remains focused on disciplined execution, managing the areas of the business we can directly influence and delivering against our strategic and financial objectives for the year."For the 52-week Fiscal 2026, the Company Expects:Net sales of approximately $5.163 billion to $5.267 billion, representing a -1.8% to 0.2% change compared to the prior year.Adjusted EBITDA(3) in the range of approximately $465 million to $495 million.Adjusted diluted EPS(2) of approximately $0.80 to $0.90.The company's outlook is based on the following assumptions:Depreciation and amortization of approximately $165 million to $170 million.Net interest expense of approximately $65 million to $70 million.An effective tax rate of approximately 26%.Weighted average diluted share count for the year of approximately 213.5 million shares.Capital expenditures of approximately $115 million to $125 million.Matters Affecting Comparability:Reconciliation of Earnings per Share to Adjusted Earnings per Share


For the 16-Week
Period Ended

For the 16-Week
Period Ended


April 25, 2026

April 19, 2025
Net income per diluted common share
$0.20

$0.25
Business process improvement costs
NM

NM
Plant closure costs and impairment of assets

—


0.03
Restructuring charges

0.01

NM
Restructuring-related implementation costs

0.03


0.02
Acquisition and integration-related costs
NM
(a)
0.05
Legal settlements and related costs

0.05

NM
Adjusted net income per diluted common share
$0.29

$0.35







(a) Deductible tax impact of prior period acquisition-related costs that impacted this period by $0.01 per share.
NM - not meaningful.Certain amounts may not add due to rounding.Consolidated First Quarter Operating Highlights
Compared to the prior year first quarter where applicableNet sales increased 1.1% to $1.572 billion. Pricing/mix(4) increased 2.1%, volume(5) declined 3.3%, and the Simple Mills acquisition, which cycled on February 21, 2026, added 2.3%.Branded Retail net sales increased $34.1 million, or 3.4%, to $1.045 billion due to favorable pricing/mix and acquisition contribution, partially offset by volume declines. Pricing/mix(4) rose 4.0%, volume(5) decreased 4.2%, and the Simple Mills acquisition contributed 3.6%.Other net sales decreased $16.7 million, or 3.1%, to $526.2 million due to inflationary pressure on consumer spending and from executing margin optimization strategies. Pricing/mix(4) decreased 1.2% and volume(5) declined 1.9%.Materials, supplies, labor, and other production costs (exclusive of depreciation and amortization) were 50.6% of net sales, a 50-basis point increase. These costs increased as a percentage of net sales mostly due to an increase in outside purchases of product (sales with no associated ingredient costs) and lower production volumes. This increase was partially offset by moderating ingredient costs.Selling, distribution, and administrative (SD&A) expenses were 40.9% of net sales, a 10-basis point increase. SD&A expenses increased as a percentage of net sales due to higher workforce-related costs and greater legal settlements and restructuring implementation costs, partially offset by lower distributor distribution fees and prior year acquisition costs. Excluding matters affecting comparability, adjusted SD&A(2) was 39.3% of net sales, a 20-basis point decrease.Plant closure costs and impairment of assets decreased $7.4 million due to the closure of a bakery in the first quarter of 2025.Depreciation and amortization (D&A) expenses were $51.8 million or 3.3% of net sales, a 10-basis point increase.Net interest expense increased $5.6 million primarily due to higher interest expense from the issuance of debt to fund the Simple Mills acquisition and related fees and expenses.Net income decreased 20.6% to $42.1 million, representing 2.7% of sales, a 70-basis point decrease, and diluted EPS decreased $0.05 to $0.20. Adjusted net income(2) decreased 17.4% to $60.9 million and adjusted diluted EPS(2) decreased $0.06 to $0.29.Adjusted EBITDA(2) decreased 1.8% to $159.0 million, representing 10.1% of net sales, a 30-basis point decrease.Cash Flow, Capital Allocation, and Capital ReturnIn the first quarter, cash flow from operating activities decreased $27.8 million to $107.9 million, capital expenditures decreased $4.9 million to $20.6 million, and dividends paid to shareholders increased $2.1 million to $54.4 million. Cash and cash equivalents were $11.5 million at quarter end.(1) Any reference to sales refers to net sales inclusive of allowances and deductions against gross sales for variable consideration and consideration payable to customers
(2) Adjusted for items affecting comparability. See reconciliations of non-GAAP measures in the financial statements following this release. Earnings are net income. EBITDA and Adjusted EBITDA are reconciled to net income.
(3) No reconciliation of the forecasted range for adjusted EBITDA to net income for the 52-week Fiscal 2026 is included in this press release because the company is unable to quantify certain amounts that would be required to be included in the GAAP measure without unreasonable efforts. In addition, the company believes such reconciliation would imply a degree of precision that would be confusing or misleading to investors. For the same reasons, the company is unable to address the probable significance of the unavailable information, which could be material to future results.
(4) Calculated as (current year period units X change in price per unit) / prior year period net sales dollars
(5) Calculated as (prior year period price per unit X change in units) / prior year period net sales dollarsPre-Recorded Management Remarks and Question and Answer Webcast
In conjunction with this release, Flowers Foods will post pre-recorded management remarks and a supporting slide presentation on the investors page of flowersfoods.com. The company will host a live question and answer webcast at 8:30 a.m. Eastern Time on May 22, 2026, which will be archived on the investors page along with the other related materials.About Flowers Foods
Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2025 net sales of $5.3 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. Learn more at www.flowersfoods.com. FLO-CORP FLO-IRForward-Looking Statements
Statements contained in this press release and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to current expectations regarding our business and our future financial condition and results of operations and are often identified by the use of words and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," "would," "is likely to," "is expected to" or "will continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based upon assumptions we believe are reasonable. Forward-looking statements are based on current information and are subject to risks and uncertainties that could cause our actual results to differ materially from those projected. Certain factors that may cause actual results, performance, liquidity, and achievements to differ materially from those projected are discussed in our Annual Report on Form 10-K for the year ended January 3, 2026 (the "Form 10-K") and our Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission ("SEC") and may include, but are not limited to, (a) unexpected changes in any of the following: (1) general economic and business conditions; (2) the competitive setting in which we operate, including advertising or promotional strategies by us or our competitors, as well as changes in consumer demand; (3) interest rates and other terms available to us on our borrowings; (4) supply chain conditions and any related impact on energy and raw materials costs and availability and hedging counter-party risks; (5) relationships with or increased costs related to our employees and third-party service providers; (6) laws and regulations (including environmental and health-related issues and the impacts of tariffs, including retaliatory tariffs); and (7) accounting standards or tax rates in the markets in which we operate, (b) the loss or financial instability of any significant customer(s), including as a result of product recalls or safety concerns related to our products, (c) changes in consumer behavior, trends and preferences, including health and whole grain trends and consumer buying habits, the movement toward less expensive store branded products, and the continued reduction of purchases in the fresh packaged bread category, (d) the level of success we achieve in developing and introducing new products and entering new markets, (e) our ability to implement new technology and customer requirements as required, (f) our ability to operate existing, and any new, manufacturing lines according to schedule, (g) our ability to implement and achieve our corporate responsibility goals in accordance with regulatory requirements and the expectations of our stakeholders, suppliers, and customers; (h) our ability to execute our business strategies which may involve, among other things, (1) the ability to realize the intended benefits of completed, planned or contemplated acquisitions, dispositions or joint ventures, such as the acquisition of Simple Mills, (2) the deployment of new systems (e.g., our enterprise resource planning ("ERP") system), distribution channels and technology, and (3) an enhanced organizational structure (e.g., our sales and supply chain reorganization), (i) consolidation within the baking industry and related industries, (j) changes in pricing, customer and consumer reaction to pricing actions (including decreased volumes), and the pricing environment among competitors within the industry, (k) our ability to adjust pricing to offset, or partially offset, inflationary pressure or tariffs (including retaliatory tariffs) on the cost of our products, including ingredient and packaging costs; (l) disruptions in our direct-store-delivery distribution model, including litigation or an adverse ruling by a court or regulatory or governmental body that could affect the independent contractor classifications of the independent distributor partners ("IDPs"), and changes to our direct-store-delivery distribution model in California, (m) increasing legal complexity and legal proceedings that we are or may become subject to, (n) labor shortages and turnover or increases in employee and employee-related costs, (o) the credit, business, and legal risks associated with IDPs and customers, which operate in the highly competitive retail food and foodservice industries, (p) any business disruptions due to political instability, pandemics, armed hostilities, incidents of terrorism, natural disasters, labor strikes or work stoppages, technological breakdowns, product contamination, product recalls or safety concerns related to our products, or the responses to or repercussions from any of these or similar events or conditions and our ability to insure against such events, (q) the failure of our information technology systems to perform adequately, including any interruptions, intrusions, cyber-attacks or security breaches of such systems or risks associated with the implementation of the upgrade of our ERP system; and (r) the potential impact of climate change on the company, including physical and transition risks, our availability or restriction of resources, higher regulatory and compliance costs, reputational risks, and our availability of capital on attractive terms. The foregoing list of important factors does not include all such factors, nor does it necessarily present them in order of importance. In addition, you should consult other disclosures made by the company (such as in our other filings with the SEC or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors, of our Form 10-K, Part II, Item 1A., Risk Factors, of the Form 10-Q for the quarter ended April 25, 2026 and subsequent filings with the SEC for additional information regarding factors that could affect the company's results of operations, financial condition and liquidity. We caution you not to place undue reliance on forward-looking statements, as they speak only as of the date made and are inherently uncertain. The company undertakes no obligation to publicly revise or update such statements, except as required by law. You are advised, however, to consult any further public disclosures by the company (such as in our filings with the SEC or in company press releases) on related subjects.Information Regarding Non-GAAP Financial Measures
The company prepares its consolidated financial statements in accordance with U.S. Generally Accepted Accounting Principles (GAAP). However, from time to time, the company may present in its public statements, press releases and SEC filings, non-GAAP financial measures such as, EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted diluted EPS, adjusted income tax expense, adjusted selling, distribution and administrative expenses (SD&A), and gross margin excluding depreciation and amortization. The reconciliations attached provide reconciliations of the non-GAAP measures used in this presentation or release to the most comparable GAAP financial measure. The company's definitions of these non-GAAP measures may differ from similarly titled measures used by others. These non-GAAP measures should be considered supplemental to, and not a substitute for, financial information prepared in accordance with GAAP.The company defines EBITDA as earnings before interest, taxes, depreciation and amortization. Earnings are net income. The company believes that EBITDA is a useful tool for managing the operations of its business and is an indicator of the company's ability to incur and service indebtedness and generate free cash flow. The company also believes that EBITDA measures are commonly reported and widely used by investors and other interested parties as measures of a company's operating performance and debt servicing ability because EBITDA measures assist in comparing performance on a consistent basis without regard to depreciation or amortization, which can vary significantly depending upon accounting methods and non-operating factors (such as historical cost). EBITDA is also a widely-accepted financial indicator of a company's ability to incur and service indebtedness.EBITDA should not be considered an alternative to (a) income from operations or net income (loss) as a measure of operating performance; (b) cash flows provided by operating, investing and financing activities (as determined in accordance with GAAP) as a measure of the company's ability to meet its cash needs; or (c) any other indicator of performance or liquidity that has been determined in accordance with GAAP.The company defines adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted diluted EPS, adjusted income tax expense and adjusted SD&A, respectively, to exclude additional costs that the company considers important to present to investors to increase the investors' insights about the company's core operations. These costs include, but are not limited to, the costs of closing a plant or costs associated with acquisition and integration-related activities, restructuring activities, certain impairment charges, legal settlements, costs to implement an enterprise resource planning system and enhance bakery digital capabilities (business process improvement costs) to provide investors direct insight into these costs, and other costs impacting past and future comparability. The company believes that these measures, when considered together with its GAAP financial results, provide management and investors with a more complete understanding of its business operating results, including underlying trends, by excluding the effects of certain charges. Adjusted EBITDA is used as the primary performance measure in the company's 2014 Omnibus Equity and Incentive Compensation Plan (Amended and Restated Effective May 25, 2023).Presentation of gross margin includes depreciation and amortization in the materials, supplies, labor and other production costs according to GAAP. Our method of presenting gross margin excludes the depreciation and amortization components, as discussed above.The reconciliations attached provide reconciliations of the non-GAAP measures used in this release to the most comparable GAAP financial measure.Flowers Foods, Inc.Condensed Consolidated Balance Sheets
(000's omitted)




April 25, 2026

January 3, 2026
Assets





Cash and cash equivalents
$11,519

$12,100
Other current assets

728,985


694,753
Property, plant and equipment, net

931,774


952,725
Right-of-use leases, net

316,968


321,116
Distributor notes receivable (1)

129,263


130,723
Other assets

41,416


40,007
Cost in excess of net tangible assets, net          

2,020,705


2,032,437
Total assets
$4,180,630

$4,183,861
Liabilities and Stockholders' Equity





Current liabilities
$521,627

$502,804
Long-term debt (2)

1,723,772


1,755,132
Right-of-use lease liabilities (3)

318,902


325,075
Other liabilities

313,883


297,363
Stockholders' equity

1,302,446


1,303,487
Total liabilities and stockholders' equity
$4,180,630

$4,183,861

(1)  Includes current portion of $21,035 and $22,241, respectively.(2)  Includes current portion of $399,753 and $399,575, respectively.(3)  Includes current portion of $66,826 and $73,778, respectively. Flowers Foods, Inc.Consolidated Statement of Operations (000's omitted, except per share data)


For the 16-Week Period
Ended

For the 16-Week Period
Ended


April 25, 2026

April 19, 2025
Net sales
$1,571,577

$1,554,230
Materials, supplies, labor and other production costs (exclusive of
   depreciation and amortization shown separately below)

795,389


778,346
Selling, distribution, and administrative expenses

642,934


633,513
Restructuring charges

1,652


573
Plant closure costs and impairment of assets

—


7,397
Depreciation and amortization expense

51,790


49,268
Income from operations

79,812


85,133
Other pension cost (benefit)

118


(117)
Interest expense, net

19,634


14,048
Income before income taxes

60,060


71,202
Income tax expense

18,005


18,204
Net income
$42,055

$52,998
Net income per diluted common share
$0.20

$0.25
Diluted weighted average shares outstanding

212,577


212,138
 Flowers Foods, Inc.Condensed Consolidated Statement of Cash Flows(000's omitted)


For the 16-Week Period
Ended

For the 16-Week Period
Ended


April 25, 2026

April 19, 2025
Cash flows from operating activities:





Net income
$42,055

$52,998
Adjustments to reconcile net income to net cash from operating
   activities:





   Total non-cash adjustments

86,488


77,135
   Changes in assets and liabilities

(20,686)


5,501
Net cash provided by operating activities

107,857


135,634
Cash flows from investing activities:





   Purchase of property, plant and equipment

(20,623)


(25,556)
   Acquisition of business, net of cash acquired

—


(791,880)
   Other

990


(18,578)
Net cash disbursed for investing activities

(19,633)


(836,014)
Cash flows from financing activities:





   Dividends paid

(54,430)


(52,323)
   Stock repurchases

(3,787)


(5,499)
   Net change in debt borrowings

(32,000)


776,580
   Payment of financing fees

(1,767)


(10,056)
   Other

3,179


(5,987)
Net cash (disbursed for) provided by financing activities

(88,805)


702,715
Net (decrease) increase in cash and cash equivalents

(581)


2,335
Cash and cash equivalents at beginning of period

12,100


5,005
Cash and cash equivalents at end of period
$11,519

$7,340
 Flowers Foods, Inc.Net Sales by Sales Class and Net Sales Bridge(000's omitted)
Net Sales by Sales Class              
For the 16-Week Period
Ended

For the 16-Week Period
Ended








April 25, 2026

April 19, 2025

$ Change

% Change
Branded Retail
$1,045,373

$1,011,322

$34,051


3.4%Other

526,204


542,908


(16,704)


(3.1)%Total Net Sales
$1,571,577

$1,554,230

$17,347


1.1%
Net Sales Bridge 
For the 16-week period ended April 25, 2026
Branded Retail

Other

Total
Pricing/mix^*

4.0%

(1.2)%

2.1%Volume*

(4.2)%

(1.9)%

(3.3)%Acquisition (until cycled on February 21, 2026)

3.6%

—


2.3%Total percentage point change in net sales

3.4%

(3.1)%

1.1%









The table above presents certain sales by category that have been reclassified from amounts previously reported to conform
to the current period presentation.
^ Includes sales reductions from variable consideration and payments to customers.
* Computations above are calculated as follows (the Total column is consolidated and is not adding the Branded Retail and
Other columns):
      Price/Mix $ = Current year period units × change in price per unit
      Price/Mix % = Price/Mix $ ÷ Prior year period Net Sales $










      Volume $ = Prior year period price per unit × change in units
      Volume % = Volume $ ÷ Prior year period Net Sales $
 Flowers Foods, Inc.Reconciliation of GAAP to Non-GAAP Measures(000's omitted, except per share data)


Reconciliation of Earnings per Share to Adjusted Earnings
per Share


For the 16-Week Period
Ended

For the 16-Week Period
Ended


April 25, 2026

April 19, 2025
Net income per diluted common share
$0.20

$0.25
Business process improvement costs
NM

NM
Plant closure costs and impairment of assets

—


0.03
Restructuring charges

0.01

NM
Restructuring-related implementation costs

0.03


0.02
Acquisition and integration-related costs
NM
(a)
0.05
Legal settlements and related costs

0.05

NM
Adjusted net income per diluted common share
$0.29

$0.35
NM - not meaningful.





Certain amounts may not add due to rounding.





(a) Deductible tax impact of prior period acquisition-related costs that impacted this period by $0.01 per share.




Reconciliation of Gross Margin


For the 16-Week Period
Ended

For the 16-Week Period
Ended


April 25, 2026

April 19, 2025
Net sales
$1,571,577

$1,554,230
Materials, supplies, labor and other production costs (exclusive
   of depreciation and amortization)

795,389


778,346
Gross margin excluding depreciation and amortization

776,188


775,884
Less depreciation and amortization for production activities

28,961


27,484
Gross margin
$747,227

$748,400
Depreciation and amortization for production activities
$28,961

$27,484
Depreciation and amortization for selling, distribution, and
   administrative activities

22,829


21,784
Total depreciation and amortization
$51,790

$49,268




Reconciliation of Selling, Distribution, and Administrative
Expenses to Adjusted SD&A


For the 16-Week Period Ended

For the 16-Week Period Ended


April 25, 2026

April 19, 2025
Selling, distribution, and administrative expenses
   (SD&A)
$642,934

$633,513
Business process improvement costs

(1,241)


(891)
Restructuring-related implementation costs

(8,227)


(4,288)
Acquisition and integration-related costs

(1,897)


(13,764)
Legal settlements and related costs

(14,400)


(697)
Adjusted SD&A
$617,169

$613,873
 Flowers Foods, Inc.Reconciliation of GAAP to Non-GAAP Measures(000's omitted, except per share data)


Reconciliation of Net Income to EBITDA and Adjusted
EBITDA


For the 16-Week Period Ended

For the 16-Week Period Ended


April 25, 2026

April 19, 2025
Net income
$42,055

$52,998
Income tax expense

18,005


18,204
Interest expense, net

19,634


14,048
Depreciation and amortization

51,790


49,268
EBITDA

131,484


134,518
Other pension cost (benefit)

118


(117)
Business process improvement costs

1,241


891
Plant closure costs and impairment of assets

—


7,397
Restructuring charges

1,652


573
Restructuring-related implementation costs

8,227


4,288
Acquisition and integration-related costs

1,897


13,764
Legal settlements and related costs

14,400


697
Adjusted EBITDA
$159,019

$162,011
Net sales
$1,571,577

$1,554,230
Adjusted EBITDA margin

10.1%

10.4%



Reconciliation of Income Tax Expense to Adjusted Income Tax
Expense


For the 16-Week Period Ended

For the 16-Week Period Ended


April 25, 2026

April 19, 2025
Income tax expense
$18,005

$18,204
Tax impact of:





Business process improvement costs

310


223
Plant closure costs and impairment of assets

—


1,850
Restructuring charges

413


144
Restructuring-related implementation costs

2,057


1,072
Acquisition and integration-related costs

2,214
(a)
3,439
Legal settlements and related costs

3,600


174
Adjusted income tax expense
$26,599

$25,106







(a) Includes certain deductible tax acquisition-related costs from the prior period.



 Flowers Foods, Inc.Reconciliation of GAAP to Non-GAAP Measures(000's omitted, except per share data)


Reconciliation of Net Income to Adjusted Net Income


For the 16-Week
Period Ended

For the 16-Week
Period Ended


April 25, 2026

April 19, 2025
Net income
$42,055

$52,998
Business process improvement costs

931


668
Plant closure costs and impairment of assets

—


5,547
Restructuring charges

1,239


429
Restructuring-related implementation costs

6,170


3,216
Acquisition and integration-related costs

(317)
(a)
10,325
Legal settlements and related costs

10,800


523
Adjusted net income
$60,878

$73,706







(a) Includes certain deductible tax acquisition-related costs from the prior period.




Reconciliation of Earnings per Share -
Full Year Fiscal 2026 Guidance


Range Estimate
Net income per diluted common share
$0.71
to$0.81
Business process improvement costs
NM

NM
Restructuring charges

0.01


0.01
Restructuring-related implementation costs

0.03


0.03
Acquisition and integration-related costs
NM

NM
Legal settlements and related costs

0.05


0.05
Adjusted net income per diluted common share
$0.80
to$0.90
NM - not meaningful.





Certain amounts may not add due to rounding.





  View original content to download multimedia:https://www.prnewswire.com/news-releases/flowers-foods-inc-reports-first-quarter-2026-results-302779283.htmlSOURCE Flowers Foods, Inc. Original: FLOWERS FOODS, INC. REPORTS FIRST QUARTER 2026 RESULTS

Nature's Own names John Cena 'Breaducator' to launch new, simpler recipe and bold brand refreshMay 21, 2026 8:41 AM
PR Newswire (US) Brand revamps product portfolio with fewer ingredientsTHOMASVILLE, Ga., May 21, 2026 /PRNewswire/ -- Nature's Own®, the nation's No. 1 selling loaf bread brand, has introduced a new, simpler recipe across its entire product portfolio and refreshed its brand look to reflect its commitment to "Real. Soft. Bread." To spread the word, the brand has tapped actor and retired professional wrestler John Cena as the official "Breaducator." The updated Nature's Own recipes include up to 38% fewer ingredients than before, and the full portfolio is now Non-GMO Project Verified. The reformulation comes as new research commissioned by Nature's Own shows that parents see bread as an opportunity to make better choices for their families, with a majority (80%) saying they are willing to switch bread brands to find options made with simpler ingredients.Experience the full interactive Multichannel News Release here: https://www.multivu.com/natures-own/9391251-en-natures-own-john-cena-breaducator-launch-new-simpler-recipe-brand-refresh"Nature's Own is bread done right. 'Real. Soft. Bread.' Now made with simpler ingredients," said Cena. "Time to show people what's in their loaf. Time to breaducate."The Breaducator campaign turns a routine grocery trip into a wake-up call, with Cena "breaducating" shoppers by showing them what sets Nature's Own apart — new recipes with simpler ingredients that are Non-GMO Project Verified and deliver the same great taste and texture consumers expect from the brand. The campaign is supported by a significant multi-platform media push spanning national TV, CTV, OLV, digital and social, as well as a mixed-tier influencer initiative.Simpler ingredients are a clear priority for parents, according to the research. Nearly nine in ten parents (88%) agree that feeding their kids bread made with simple ingredients and no artificial flavors, colors, or preservatives feels like an easy win. More than 80% say that simpler ingredients make them more comfortable serving bread across multiple meals throughout the day. And eight in ten parents say clear nutritional information on the packaging influences their bread buying decisions."Nature's Own is launching a bold brand refresh, built to shake up the bread category, drive momentum and meet consumers where they are," said Krystle Farlow, senior director of brand management for Nature's Own. "Our brand embodies real, simple goodness, and John Cena is the perfect partner to bring that message to life. He's authentic; he's entertaining; and families love him. We couldn't ask for a better Breaducator to tell our simpler, Non-GMO Project Verified story."Nature's Own fresh-packaged bread, buns and rolls are available at participating retailers nationwide.Survey methodology: Nature's Own surveyed 2,000 adults throughout the United States. The sample consists of parents and guardians aged 25 to 54 who indicated they or someone in their household has consumed packaged bread within the last 3 months. The survey was conducted by Atomik Research and fieldwork took place between April 13 and April 20, 2026.About Nature's Own
Upholding a commitment to quality, Nature's Own Bread emphasizes freshness and irresistibly soft texture, maintaining standards that were first introduced in 1977 by Flowers Foods (NYSE: FLO), one of the largest producers of packaged bakery foods in the United States. Today, Nature's Own is America's number one selling loaf bread brand - known for providing a variety of products with no artificial preservatives, colors or flavors and no high fructose corn syrup. The brand offers a delicious selection of fresh, soft variety breads, buns, rolls and more. Learn more at naturesownbread.com.Media Contact
Jacob Teetzmann
jteetzmann@tombras.com
423.494.3673    View original content:https://www.prnewswire.com/news-releases/natures-own-names-john-cena-breaducator-to-launch-new-simpler-recipe-and-bold-brand-refresh-302778251.htmlSOURCE Nature's Own Original: Nature's Own names John Cena 'Breaducator' to launch new, simpler recipe and bold brand refresh

SharkNinja Set to Join S&P MidCap 400; Flowers Foods and F&G Annuities & Life to Join S&P SmallCap 600May 13, 2026 6:26 PM
PR Newswire (US) NEW YORK, May 13, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400, S&P SmallCap 600:  SharkNinja (NYSE: SN) will replace Flowers Foods Inc. (NYSE: FLO) in the S&P MidCap 400, and Flowers Foods will replace CSG Systems Intl Inc. (NASD: CSGS) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, May 18. NEC Corporation (TSE: 6701) is acquiring CSG Systems Intl in a deal expected to close soon, pending final closing conditions.F&G Annuities & Life Inc. (NYSE: FG) will replace Mister Car Wash Inc. (NASD: MCW) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, May 19. Leonard Green & Partners L.P. is acquiring Mister Car Wash in a deal expected to close soon, pending final closing conditions.Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective DateIndex NameActionCompany NameTickerGICS SectorMay 18, 2026S&P MidCap 400AdditionSharkNinjaSNConsumer DiscretionaryMay 18, 2026S&P MidCap 400DeletionFlowers FoodsFLOConsumer StaplesMay 18, 2026S&P SmallCap 600AdditionFlowers FoodsFLOConsumer StaplesMay 18, 2026S&P SmallCap 600DeletionCSG Systems IntlCSGSIndustrialsMay 19, 2026S&P SmallCap 600AdditionF&G Annuities & LifeFGFinancialsMay 19, 2026S&P SmallCap 600DeletionMister Car WashMCWConsumer DiscretionaryABOUT S&P DOW JONES INDICESS&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. FOR MORE INFORMATION:S&P Dow Jones Indices
index_services@spglobal.comMedia Inquiries
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Dave's Killer Bread launches 'Epic,' 'Awesome' Mini BagelsApril 28, 2026 8:42 AM
PR Newswire (US)

New research reveals two-thirds of millennials say everything is better when there's a mini versionMILWAUKIE, Ore., April 28, 2026 /PRNewswire/ -- Dave's Killer Bread® (DKB), the nation's No. 1 organic bread brand, is launching new Mini Bagels in two killer flavors — Plain Awesome® and Epic Everything® — now available on grocery store shelves nationwide. New research from DKB reveals that one third of bagel eaters frequently find a regular-sized bagel is too big to eat in one sitting, with almost half of Gen Z bagel eaters in agreement. Dave's Killer Bread Mini Bagels are made with organic whole grains, and at 100 calories per mini bagel, they are a small-but-mighty option for consumers.







"DKB Mini Bagels are the perfect option for snacking, on-the-go and fun-sized meals for the whole family," said Cristina Watson, senior director of brand management for Dave's Killer Bread. "BreadHeads will love using Mini Bagels to make everything from sandwiches to pizza bagels. While their size is mini, their taste is anything but." According to the survey, mini bagels are especially popular with millennials and Gen X, who eat the most bagels overall per month, averaging 8.2 and 7.5 bagels respectively. The best time to enjoy a bagel, or "Bagel O'Clock," is officially 9:06 a.m., according to respondents, 63% of whom said year-round was the best "season" to eat a bagel.In addition to dropping Plain Awesome and Epic Everything Mini Bagels, DKB is rolling out regular-sized Summer Berry Bagels, a limited-edition flavor made with real cranberries, blueberries, raspberries and strawberries, available now through July. Berry bagels are especially popular among millennials and Gen Z, according to the research.Dave's Killer Bread Mini Bagels and Summer Berry Bagels are available at participating retailers nationwide. Prices begin at $7.49 for a pack of 12 Mini Bagels and $6.49 for a pack of five Summer Berry Bagels.Survey methodology: Dave's Killer Bread surveyed 2,000 general population Americans; the survey was administered and conducted online between March 26 and March 30, 2026.About Dave's Killer Bread
Rocking the grocery store with delicious organic, non-GMO and whole grain products comes naturally to Dave's Killer Bread. First introduced at the Portland Farmers Market in 2005, it is the nation's No. 1 organic bread brand with widespread distribution across the U.S. The flagship organic bread brand for Flowers Foods (NYSE: FLO), Dave's Killer Bread pioneered the organic seeded bread category and offers 37 varieties of whole grain organic bakery and snack products, all of which are certified USDA organic and Non-GMO Project Verified. In addition, Dave's Killer Bread is committed to Second Chance Employment (employing those with a criminal background), helping to transform lives through job opportunities. One in three employee-partners at its Oregon bakery have a criminal background. Learn more at daveskillerbread.com.Media Contact:
Taylor Castillejo
tcastillejo@tombras.com
865.257.0026


















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Original: Dave's Killer Bread launches 'Epic,' 'Awesome' Mini Bagels

Flowers Foods to Eliminate Chief Growth Officer PositionMarch 30, 2026 9:45 AM
IH Market News
Flowers Foods Inc. (NYSE:FLO) announced that Terry Thomas will step down from his role as chief growth officer, with the company also confirming that the position will be discontinued. The role was introduced in 2023 as part of an effort to strengthen the company’s growth strategy and develop new capabilities.Thomas will remain with the company during a transition period while his duties are reassigned to other members of the senior leadership team. According to Flowers Foods, the position achieved its intended objectives by supporting growth through a broader innovation pipeline, stronger relationships with customers, and the development of new category and revenue management capabilities.As part of the leadership changes, Mark Courtney, the company’s chief brand officer and a 43-year veteran at Flowers Foods, will now report directly to Chief Executive Officer Ryals McMullian. Courtney has overseen the company’s brand portfolio since 2020, including Nature’s Own, Dave’s Killer Bread, Canyon Bakehouse, Wonder Bread, Tastykake, and Mrs. Freshley’s. In his expanded role, he will also take responsibility for retail customer sales, innovation initiatives, and revenue management.The adjustment comes alongside broader structural changes within the company’s operations division led by President and Chief Operating Officer Heeth Varnedoe. Flowers Foods recently named David Roach as chief DSD operations officer and introduced a new divisional structure focused on regional profit-and-loss management.Flowers Foods, based in Thomasville, Georgia, reported sales of $5.3 billion in 2025. The company operates bakeries throughout the United States and produces packaged baked goods under brands such as Nature’s Own, Dave’s Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake.Flowers Foods stock price

Original: Flowers Foods to Eliminate Chief Growth Officer Position

FLOWERS FOODS ANNOUNCES DEPARTURE OF CHIEF GROWTH OFFICER TERRY THOMASMarch 30, 2026 9:00 AM
PR Newswire (US)

THOMASVILLE, Ga., March 30, 2026 /PRNewswire/ -- Flowers Foods (NYSE: FLO) today announced that Terry Thomas, chief growth officer, and the company have agreed that he will step down and his role will be dissolved. The chief growth officer position was created in 2023 to accelerate growth capabilities and build new competencies. With those capabilities now established, the company is integrating them into its ongoing business structure. Thomas will continue in his role as the company completes a transition of his responsibilities to other senior leaders.







"Terry has brought tremendous energy, leadership, and experience to our organization," said Ryals McMullian, chairman and chief executive officer. "Under his leadership, the role of chief growth officer has fulfilled its purpose, advancing growth for our leading brand portfolio through an expanded innovation pipeline, strengthened customer relationships, and new category and revenue management insights and capabilities. We appreciate Terry's contributions and wish him continued success."With the role's dissolution, Mark Courtney, chief brand officer, will now report directly to McMullian. Courtney, a 43-year company veteran, has served in his role since 2020, with responsibility for managing Flowers' portfolio, including the Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Wonder Bread, Tastykake, and Mrs. Freshley's brands. In addition to brand strategy, he will assume responsibility for retail customer sales, innovation, and revenue management."Mark is a deeply experienced, long-tenured, and highly respected member of our leadership team," McMullian said. "I have full confidence in his ability to lead our brand and growth efforts as we continue to strengthen Flowers' position in the marketplace."This new structure complements the recently announced changes within Flowers' operations organization under Heeth Varnedoe, president and chief operating officer, including the appointment of David Roach as chief DSD operations officer and the establishment of a division structure responsible for geographic P&L execution. Together, these moves position Flowers for future growth by pairing a brand led marketing and sales organization with an operational team optimized for execution in market.About Flowers Foods
Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2025 sales of $5.3 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. Learn more at www.flowersfoods.com.FLO-CORP FLO-IRForward-Looking Statements
Statements contained in this press release and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to current expectations regarding our business and our future financial condition and results of operations and are often identified by the use of words and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," "would," "is likely to," "is expected to" or "will continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based upon assumptions we believe are reasonable. Forward-looking statements are based on current information and are subject to risks and uncertainties that could cause our actual results to differ materially from those projected. Certain factors that may cause actual results, performance, liquidity, and achievements to differ materially from those projected are discussed in our Annual Report on Form 10-K for the year ended January 3, 2026 (the "Form 10-K") and may include, but are not limited to, (a) unexpected changes in any of the following: (1) general economic and business conditions; (2) the competitive setting in which we operate, including advertising or promotional strategies by us or our competitors, as well as changes in consumer demand; (3) interest rates and other terms available to us on our borrowings; (4) supply chain conditions and any related impact on energy and raw materials costs and availability and hedging counter-party risks; (5) relationships with or increased costs related to our employees and third-party service providers; (6) laws and regulations (including environmental and health-related issues and the impacts of tariffs, including retaliatory tariffs); and (7) accounting standards or tax rates in the markets in which we operate, (b) the loss or financial instability of any significant customer(s), including as a result of product recalls or safety concerns related to our products, (c) changes in consumer behavior, trends and preferences, including health and whole grain trends and consumer buying habits, the movement toward less expensive store branded products, and the continued reduction of purchases in the fresh packaged bread category, (d) the level of success we achieve in developing and introducing new products and entering new markets, (e) our ability to implement new technology and customer requirements as required, (f) our ability to operate existing, and any new, manufacturing lines according to schedule, (g) our ability to implement and achieve our corporate responsibility goals in accordance with regulatory requirements and the expectations of our stakeholders, suppliers, and customers; (h) our ability to execute our business strategies which may involve, among other things, (1) the ability to realize the intended benefits of completed, planned or contemplated acquisitions, dispositions or joint ventures, such as the acquisition of Simple Mills, (2) the deployment of new systems (e.g., our enterprise resource planning ("ERP") system), distribution channels and technology, and (3) an enhanced organizational structure (e.g., our sales and supply chain reorganization), (i) consolidation within the baking industry and related industries, (j) changes in pricing, customer and consumer reaction to pricing actions (including decreased volumes), and the pricing environment among competitors within the industry, (k) our ability to adjust pricing to offset, or partially offset, inflationary pressure or tariffs (including retaliatory tariffs) on the cost of our products, including ingredient and packaging costs; (l) disruptions in our direct-store-delivery distribution model, including litigation or an adverse ruling by a court or regulatory or governmental body that could affect the independent contractor classifications of the independent distributor partners ("IDPs"), and changes to our direct-store-delivery distribution model in California, (m) increasing legal complexity and legal proceedings that we are or may become subject to, (n) labor shortages and turnover or increases in employee and employee-related costs, (o) the credit, business, and legal risks associated with IDPs and customers, which operate in the highly competitive retail food and foodservice industries, (p) any business disruptions due to political instability, pandemics, armed hostilities, incidents of terrorism, natural disasters, labor strikes or work stoppages, technological breakdowns, product contamination, product recalls or safety concerns related to our products, or the responses to or repercussions from any of these or similar events or conditions and our ability to insure against such events, (q) the failure of our information technology systems to perform adequately, including any interruptions, intrusions, cyber-attacks or security breaches of such systems or risks associated with the implementation of the upgrade of our ERP system; and (r) the potential impact of climate change on the company, including physical and transition risks, our availability or restriction of resources, higher regulatory and compliance costs, reputational risks, and our availability of capital on attractive terms. The foregoing list of important factors does not include all such factors, nor does it necessarily present them in order of importance. In addition, you should consult other disclosures made by the company (such as in our other filings with the Securities and Exchange Commission ("SEC") or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors, of our Form 10-K and subsequent filings with the SEC for additional information regarding factors that could affect the company's results of operations, financial condition and liquidity. We caution you not to place undue reliance on forward-looking statements, as they speak only as of the date made and are inherently uncertain. The company undertakes no obligation to publicly revise or update such statements, except as required by law. You are advised, however, to consult any further public disclosures by the company (such as in our filings with the SEC or in company press releases) on related subjects.



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Original: FLOWERS FOODS ANNOUNCES DEPARTURE OF CHIEF GROWTH OFFICER TERRY THOMAS

FLOWERS FOODS ANNOUNCES MICHELLE LORGE AS PRESIDENT OF SIMPLE MILLSMarch 2, 2026 4:30 PM
PR Newswire (US)

Founder & CEO Katlin Smith to Step Down, Will Serve in Advisory RoleTHOMASVILLE, Ga., March 2, 2026 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that Michelle Lorge has been appointed president of Simple Mills. Lorge will report directly to Ryals McMullian, chairman and CEO of Flowers Foods. She succeeds Katlin Smith, founder and CEO of Simple Mills, who has made a personal decision to step down to spend more time with her family and on philanthropic interests, and will continue with the company in an advisory capacity.







"Michelle has been instrumental in shaping Simple Mills into the mission-driven, high-growth brand it is today," said McMullian. "Her deep understanding of the business, strong leadership skills, and unwavering commitment to the company's purpose make her exceptionally well-suited to lead Simple Mills into its next chapter. We are grateful to Katlin for her vision and leadership and look forward to her continued support in an advisory role."Lorge, an 11-year veteran of Simple Mills, has built the brand alongside Smith, transforming the company from an early-stage startup into a leading natural cracker, cookie, bar, and baking mix brand with distribution in more than 30,000 stores nationwide. Most recently she served as chief marketing, innovation, and mission officer, where she led product innovation, built a purpose-driven marketing organization, and advanced wellness and sustainability initiatives that have helped redefine industry standards. Lorge joined Simple Mills in 2015 as one of the brand's first employees. Prior to joining Simple Mills, Lorge spent more than a decade at Kraft Foods where she led brand marketing and product innovation for Philadelphia, A.1., Grey Poupon, and Cool Whip."I am honored to step into this role and continue the incredible work Katlin started," said Lorge. "Simple Mills was founded on a belief that food can have a profound impact on human and planetary health, and that belief continues to inspire everything we do. I look forward to continuing to work with our talented team to advance our people and planet mission and broaden our impact to ignite meaningful change in the food industry and beyond."Smith founded Simple Mills in 2012 after recognizing the transformative power of food in improving overall well-being. Under her leadership, the company grew into a category-leading brand carried by major retailers including Whole Foods, Sprouts, Target, Walmart, and Costco, alongside a strong e-commerce presence on Amazon. She has been widely recognized for her entrepreneurial achievements, receiving honors such as Forbes 30 Under 30, Inc. 30 Under 30, and Progressive Grocer's Top Woman in Grocery."Building Simple Mills has been one of the greatest privileges of my life," said Smith. "Michelle has been by my side shaping Simple Mills for many years and is deeply aligned with the mission and values that define who we are. I have full confidence in her ability to lead Simple Mills into the future."About Flowers FoodsHeadquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2025 net sales of $5.3 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. Learn more at www.flowersfoods.com.FLO-CORP FLO-IRForward-Looking Statements Statements contained in this press release and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to current expectations regarding our business and our future financial condition and results of operations and are often identified by the use of words and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," "would," "is likely to," "is expected to" or "will continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based upon assumptions we believe are reasonable. Forward-looking statements are based on current information and are subject to risks and uncertainties that could cause our actual results to differ materially from those projected. Certain factors that may cause actual results, performance, liquidity, and achievements to differ materially from those projected are discussed in our Annual Report on Form 10-K for the year ended January 3, 2026 (the "Form 10-K") and may include, but are not limited to, (a) unexpected changes in any of the following: (1) general economic and business conditions; (2) the competitive setting in which we operate, including advertising or promotional strategies by us or our competitors, as well as changes in consumer demand; (3) interest rates and other terms available to us on our borrowings; (4) supply chain conditions and any related impact on energy and raw materials costs and availability and hedging counter-party risks; (5) relationships with or increased costs related to our employees and third-party service providers; (6) laws and regulations (including environmental and health-related issues and the impacts of tariffs, including retaliatory tariffs); and (7) accounting standards or tax rates in the markets in which we operate,  (b) the loss or financial instability of any significant customer(s), including as a result of product recalls or safety concerns related to our products, (c) changes in consumer behavior, trends and preferences, including health and whole grain trends and consumer buying habits, the movement toward less expensive store branded products, and the continued reduction of purchases in the fresh packaged bread category, (d) the level of success we achieve in developing and introducing new products and entering new markets, (e) our ability to implement new technology and customer requirements as required, (f) our ability to operate existing, and any new, manufacturing lines according to schedule, (g) our ability to implement and achieve our corporate responsibility goals in accordance with regulatory requirements and the expectations of our stakeholders, suppliers, and customers; (h) our ability to execute our business strategies which may involve, among other things, (1) the ability to realize the intended benefits of completed, planned or contemplated acquisitions, dispositions or joint ventures, such as the acquisition of Simple Mills, (2) the deployment of new systems (e.g., our enterprise resource planning ("ERP") system), distribution channels and technology, and (3) an enhanced organizational structure (e.g., our sales and supply chain reorganization), (i) consolidation within the baking industry and related industries, (j) changes in pricing, customer and consumer reaction to pricing actions (including decreased volumes), and the pricing environment among competitors within the industry, (k) our ability to adjust pricing to offset, or partially offset, inflationary pressure or tariffs (including retaliatory tariffs) on the cost of our products, including ingredient and packaging costs; (l) disruptions in our direct-store-delivery distribution model, including litigation or an adverse ruling by a court or regulatory or governmental body that could affect the independent contractor classifications of the independent distributor partners ("IDPs"), and changes to our direct-store-delivery distribution model in California, (m) increasing legal complexity and legal proceedings that we are or may become subject to, (n) labor shortages and turnover or increases in employee and employee-related costs, (o) the credit, business, and legal risks associated with IDPs and customers, which operate in the highly competitive retail food and foodservice industries, (p) any business disruptions due to political instability, pandemics, armed hostilities, incidents of terrorism, natural disasters, labor strikes or work stoppages, technological breakdowns, product contamination, product recalls or safety concerns related to our products, or the responses to or repercussions from any of these or similar events or conditions and our ability to insure against such events, (q) the failure of our information technology systems to perform adequately, including any interruptions, intrusions, cyber-attacks or security breaches of such systems or risks associated with the implementation of the upgrade of our ERP system; and (r) the potential impact of climate change on the company, including physical and transition risks, our availability or restriction of resources, higher regulatory and compliance costs, reputational risks, and our availability of capital on attractive terms. The foregoing list of important factors does not include all such factors, nor does it necessarily present them in order of importance. In addition, you should consult other disclosures made by the company (such as in our other filings with the Securities and Exchange Commission ("SEC") or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors, of our Form 10-K and subsequent filings with the SEC for additional information regarding factors that could affect the company's results of operations, financial condition and liquidity. We caution you not to place undue reliance on forward-looking statements, as they speak only as of the date made and are inherently uncertain. The company undertakes no obligation to publicly revise or update such statements, except as required by law. You are advised, however, to consult any further public disclosures by the company (such as in our filings with the SEC or in company press releases) on related subjects. 














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Original: FLOWERS FOODS ANNOUNCES MICHELLE LORGE AS PRESIDENT OF SIMPLE MILLS

Flowers Foods $FLO — Uses Bioengineered corn syrup + GMO oils in baked goods.

FLOWERS FOODS DECLARES QUARTERLY DIVIDENDFebruary 20, 2026 9:00 AM
PR Newswire (US)

THOMASVILLE, Ga., Feb. 20, 2026 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that its board of directors has declared a quarterly dividend of $0.2475 per share, an increase of 3.1% over the same quarter last year. This is the 94th consecutive quarterly dividend paid by the company and is payable on March 20, 2026, to shareholders of record on March 6, 2026.







About Flowers Foods
Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2025 sales of $5.3 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. Learn more at www.flowersfoods.com. FLO-IR FLO-CORPForward-Looking StatementsStatements contained in this press release and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to current expectations regarding our business and our future financial condition and results of operations and are often identified by the use of words and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," "would," "is likely to," "is expected to" or "will continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based upon assumptions we believe are reasonable. Forward-looking statements are based on current information and are subject to risks and uncertainties that could cause our actual results to differ materially from those projected. Certain factors that may cause actual results, performance, liquidity, and achievements to differ materially from those projected are discussed in our Annual Report on Form 10-K for the year ended December 28, 2024 (the "Form 10-K") and our Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission ("SEC") and may include, but are not limited to, (a) unexpected changes in any of the following: (1) general economic and business conditions; (2) the competitive setting in which we operate, including advertising or promotional strategies by us or our competitors, as well as changes in consumer demand; (3) interest rates and other terms available to us on our borrowings; (4) supply chain conditions and any related impact on energy and raw materials costs and availability and hedging counter-party risks; (5) relationships with or increased costs related to our employees and third-party service providers; (6) laws and regulations (including environmental and health-related issues and the impacts of tariffs, including retaliatory tariffs); and (7) accounting standards or tax rates in the markets in which we operate,  (b) the loss or financial instability of any significant customer(s), including as a result of product recalls or safety concerns related to our products, (c) changes in consumer behavior, trends and preferences, including health and whole grain trends and consumer buying habits, the movement toward less expensive store branded products, and the continued reduction of purchases in the fresh packaged bread category, (d) the level of success we achieve in developing and introducing new products and entering new markets, (e) our ability to implement new technology and customer requirements as required, (f) our ability to operate existing, and any new, manufacturing lines according to schedule, (g) our ability to implement and achieve our corporate responsibility goals in accordance with regulatory requirements and the expectations of our stakeholders, suppliers, and customers; (h) our ability to execute our business strategies which may involve, among other things, (1) the ability to realize the intended benefits of completed, planned or contemplated acquisitions, dispositions or joint ventures, such as the acquisition of Simple Mills, (2) the deployment of new systems (e.g., our enterprise resource planning ("ERP") system), distribution channels and technology, and (3) an enhanced organizational structure (e.g., our sales and supply chain reorganization), (i) consolidation within the baking industry and related industries, (j) changes in pricing, customer and consumer reaction to pricing actions (including decreased volumes), and the pricing environment among competitors within the industry, (k) our ability to adjust pricing to offset, or partially offset, inflationary pressure or tariffs (including retaliatory tariffs) on the cost of our products, including ingredient and packaging costs; (l) disruptions in our direct-store-delivery distribution model, including litigation or an adverse ruling by a court or regulatory or governmental body that could affect the independent contractor classifications of the independent distributor partners ("IDPs"), and changes to our direct-store-delivery distribution model in California, (m) increasing legal complexity and legal proceedings that we are or may become subject to, (n) labor shortages and turnover or increases in employee and employee-related costs, (o) the credit, business, and legal risks associated with IDPs and customers, which operate in the highly competitive retail food and foodservice industries, (p) any business disruptions due to political instability, pandemics, armed hostilities, incidents of terrorism, natural disasters, labor strikes or work stoppages, technological breakdowns, product contamination, product recalls or safety concerns related to our products, or the responses to or repercussions from any of these or similar events or conditions and our ability to insure against such events, (q) the failure of our information technology systems to perform adequately, including any interruptions, intrusions, cyber-attacks or security breaches of such systems or risks associated with the implementation of the upgrade of our ERP system; and (r) the potential impact of climate change on the company, including physical and transition risks, our availability or restriction of resources, higher regulatory and compliance costs, reputational risks, and our availability of capital on attractive terms. The foregoing list of important factors does not include all such factors, nor does it necessarily present them in order of importance. In addition, you should consult other disclosures made by the company (such as in our other filings with the SEC or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors, of our Form 10-K, Part II, Item 1A., Risk Factors, of the Form 10-Q for the quarter ended October 4, 2025 and subsequent filings with the SEC for additional information regarding factors that could affect the company's results of operations, financial condition and liquidity. We caution you not to place undue reliance on forward-looking statements, as they speak only as of the date made and are inherently uncertain. The company undertakes no obligation to publicly revise or update such statements, except as required by law. You are advised, however, to consult any further public disclosures by the company (such as in our filings with the SEC or in company press releases) on related subjects.



View original content to download multimedia:https://www.prnewswire.com/news-releases/flowers-foods-declares-quarterly-dividend-302693570.htmlSOURCE Flowers Foods, Inc.

Original: FLOWERS FOODS DECLARES QUARTERLY DIVIDEND

FLOWERS FOODS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTSFebruary 12, 2026 4:05 PM
PR Newswire (US)

THOMASVILLE, Ga., Feb. 12, 2026 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company's 13-week fourth quarter and 53-week fiscal year ended January 3, 2026.







Fourth Quarter Summary:
Compared to the prior year fourth quarter where applicableNet sales(1) increased 11.0% to $1.233 billion as the extra week, Simple Mills acquisition benefit, and higher price/mix more than offset volume declines.Net income decreased $110.2 million to a net loss of $67.1 million, primarily due to a $136.0 million non-cash impairment of intangible assets. Adjusted net income(2) decreased 1.5% to $45.8 million.Adjusted EBITDA(2) increased 14.7% to $117.4 million, representing 9.5% of net sales, a 30-basis point increase.Diluted EPS decreased $0.52 to a net loss per share of $0.32. Adjusted diluted EPS(2) was consistent with the prior year period at $0.22. The additional week contributed $0.02.Simple Mills contributed $57.5 million in net sales, net loss of $6.2 million, $6.3 million to adjusted EBITDA(2), and ($0.03) to diluted EPS(2).Fiscal 2025 Summary:
Compared to the prior year where applicableNet sales(1) increased 3.0% to $5.256 billion as the 53rd week and Simple Mills acquisition benefit more than offset volume declines and lower price/mix.Net income decreased 66.2% to $83.8 million, representing 1.6% of sales, a 330-basis point decrease, primarily due to a $136.0 million non-cash impairment of intangible assets. Adjusted net income(2) decreased 14.7% to $231.6 million.Adjusted EBITDA(2) decreased 0.6% to $535.2 million, representing 10.2% of net sales, a 40-basis point decrease.Diluted EPS decreased $0.77 to $0.40. Adjusted diluted EPS(2) decreased $0.19 to $1.09. The additional week contributed $0.02.Simple Mills contributed $213.9 million in net sales, net loss of $14.4 million, $32.0 million to adjusted EBITDA(2), and ($0.07) to diluted EPS(2).Chairman and CEO Remarks:
"Flowers concluded 2025 on a positive note driven by the strong performance of our leading brands," said Ryals McMullian, chairman and CEO of Flowers Foods. "Our disciplined execution of efficiency initiatives produced results at the high end of our guidance range. We remain committed to implementing further enhancements to drive improved results as we navigate ongoing category challenges."Looking ahead to 2026, we anticipate these category headwinds, combined with one fewer week of operations, will result in financial performance below 2025 levels. In response, we are conducting a comprehensive review of our operations, including our brand portfolio, supply chain, and financial strategy. Our leading brands and strong cash flow position us well as we undertake this operational review. We are confident it will drive category outperformance and enhance long-term value for our shareholders."For the 52-week Fiscal 2026, the Company Expects:Net sales of approximately $5.163 billion to $5.267 billion, representing a -1.8% to 0.2% change compared to the prior year.Adjusted EBITDA(3) in the range of approximately $465 million to $495 million.Adjusted diluted EPS(3) of approximately $0.80 to $0.90.The company's outlook is based on the following assumptions:Depreciation and amortization of approximately $165 million to $170 million.Net interest expense of approximately $65 million to $70 million.An effective tax rate of approximately 26%.Weighted average diluted share count for the year of approximately 213.5 million shares.Matters Affecting Comparability:Reconciliation of Earnings per Share to Adjusted Earnings per Share




For the 13-Week
Period Ended

For the 12-Week
Period Ended


January 3, 2026

December 28, 2024
Net (loss) income per diluted common share
$(0.32)

$0.20
Business process improvement costs
NM

NM
Plant closure costs and impairment of assets

—

NM
Restructuring-related implementation costs

0.03


—
Impairment of intangible assets

0.48


—
Legal settlements and related costs

—


0.01
Acquisition and integration-related costs

0.01


0.01
Loss on inferior ingredients

0.01


—
Pension plan settlement loss

—

NM
Adjusted net income per diluted common share
$0.22

$0.22

NM - not meaningful.Certain amounts may not add due to rounding.Consolidated Fourth Quarter Operating Highlights
Compared to the prior year fourth quarter where applicableNet sales increased 11.0% to $1.233 billion. Pricing/mix(4) increased 0.7%, volume(5) declined 2.2%, and the extra week and the Simple Mills acquisition added 7.8% and 4.7%, respectively.Branded Retail net sales increased $115.3 million, or 16.6%, to $811.6 million due to the extra week, acquisition contribution, and increased pricing/mix(4), partially offset by volume declines. Pricing/mix(4) increased 2.3%, volume(5) decreased 1.7%, the Simple Mills acquisition and extra week contributed 7.7% and 8.3%, respectively.Other net sales increased $6.5 million, or 1.6%, to $421.3 million due to the extra week, partially offset by unfavorable price/mix and lower volumes. Pricing/mix(4) declined 2.5%, volume(5) decreased 2.7%, and the extra week contributed 6.8%.Materials, supplies, labor, and other production costs (exclusive of depreciation and amortization) were 51.5% of net sales, a 30-basis point increase. These costs increased as a percentage of net sales mostly due to increased outside purchases of product (sales with no associated ingredient costs), partially offset by lower workforce-related and ingredient costs.Selling, distribution, and administrative (SD&A) expenses were 39.9% of net sales, a 10-basis point decrease. SD&A expenses decreased slightly as a percentage of net sales primarily due to lower distributor distribution fees and the addition of Simple Mills, partly offset by increased workforce-related costs largely related to the California conversion and the impact of wage increases, and restructuring-related implementation costs. Excluding matters affecting comparability, adjusted SD&A(2) was 39.0% of net sales, a 60-basis point decrease.Impairment of intangible assets was $136.0 million related to finite-lived intangible assets with a triggering event in the fourth quarter and the loss on inferior ingredients was $2.7 million. The prior year quarter included plant closure costs and impairment of assets of $0.5 million.Depreciation and amortization (D&A) expenses were $38.5 million or 3.1% of net sales, a 20-basis point decrease.Net interest expense increased $11.4 million primarily due to higher interest expense from the issuance of debt to fund the Simple Mills acquisition and related fees and expenses.Net income decreased $110.2 million to a net loss of $67.1 million, primarily due to a $136.0 million non-cash impairment of intangible assets, and diluted EPS decreased $0.52 to a net loss per share of $0.32. Adjusted net income(2) decreased 1.5% to $45.8 million and adjusted diluted EPS(2) was consistent with the prior-year period at $0.22.Adjusted EBITDA(2) increased 14.7% to $117.4 million, representing 9.5% of net sales, a 30-basis point increase.Simple Mills contributed $57.5 million in net sales, net loss of $6.2 million, $6.3 million to adjusted EBITDA(2), and ($0.03) to diluted EPS.Cash Flow, Capital Allocation, and Capital Return
For fiscal year 2025, cash flow from operating activities increased $33.5 million to $446.2 million, capital expenditures decreased $5.0 million to $127.1 million, and dividends paid to shareholders increased $6.3 million to $209.3 million. Cash and cash equivalents were $12.1 million at year end.(1)Any reference to sales refers to net sales inclusive of allowances and deductions against gross sales for variable consideration and consideration payable to customers(2)Adjusted for items affecting comparability. See reconciliations of non-GAAP measures in the financial statements following this release. Earnings are net income. EBITDA and Adjusted EBITDA are reconciled to net income.(3)No reconciliation of the forecasted range for (i) adjusted EBITDA to net income or (ii) adjusted diluted EPS to diluted EPS for the 52-week Fiscal 2026 is included in this press release because the company is unable to quantify certain amounts that would be required to be included in the GAAP measure without unreasonable efforts. In addition, the company believes such reconciliation would imply a degree of precision that would be confusing or misleading to investors. For the same reasons, the company is unable to address the probable significance of the unavailable information, which could be material to future results.(4)Calculated as (current year period units X change in price per unit) / prior year period net sales dollars(5)Calculated as (prior year period price per unit X change in units) / prior year period net sales dollarsPre-Recorded Management Remarks and Question and Answer Webcast
In conjunction with this release, Flowers Foods will post pre-recorded management remarks and a supporting slide presentation on the investors page of flowersfoods.com. The company will host a live question and answer webcast at 8:30 a.m. Eastern Time on February 13, 2026, which will be archived on the investors page along with the other related materials.About Flowers Foods
Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2025 net sales of $5.3 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. Learn more at www.flowersfoods.com.FLO-CORP FLO-IRForward-Looking Statements
Statements contained in this press release and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to current expectations regarding our business and our future financial condition and results of operations and are often identified by the use of words and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," "would," "is likely to," "is expected to" or "will continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based upon assumptions we believe are reasonable. Forward-looking statements are based on current information and are subject to risks and uncertainties that could cause our actual results to differ materially from those projected. Certain factors that may cause actual results, performance, liquidity, and achievements to differ materially from those projected are discussed in our Annual Report on Form 10-K for the year ended December 28, 2024 (the "Form 10-K") and our Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission ("SEC") and may include, but are not limited to, (a) unexpected changes in any of the following: (1) general economic and business conditions; (2) the competitive setting in which we operate, including advertising or promotional strategies by us or our competitors, as well as changes in consumer demand; (3) interest rates and other terms available to us on our borrowings; (4) supply chain conditions and any related impact on energy and raw materials costs and availability and hedging counter-party risks; (5) relationships with or increased costs related to our employees and third-party service providers; (6) laws and regulations (including environmental and health-related issues and the impacts of tariffs, including retaliatory tariffs); and (7) accounting standards or tax rates in the markets in which we operate,  (b) the loss or financial instability of any significant customer(s), including as a result of product recalls or safety concerns related to our products, (c) changes in consumer behavior, trends and preferences, including health and whole grain trends and consumer buying habits, the movement toward less expensive store branded products, and the continued reduction of purchases in the fresh packaged bread category, (d) the level of success we achieve in developing and introducing new products and entering new markets, (e) our ability to implement new technology and customer requirements as required, (f) our ability to operate existing, and any new, manufacturing lines according to schedule, (g) our ability to implement and achieve our corporate responsibility goals in accordance with regulatory requirements and the expectations of our stakeholders, suppliers, and customers; (h) our ability to execute our business strategies which may involve, among other things, (1) the ability to realize the intended benefits of completed, planned or contemplated acquisitions, dispositions or joint ventures, such as the acquisition of Simple Mills, (2) the deployment of new systems (e.g., our enterprise resource planning ("ERP") system), distribution channels and technology, and (3) an enhanced organizational structure (e.g., our sales and supply chain reorganization), (i) consolidation within the baking industry and related industries, (j) changes in pricing, customer and consumer reaction to pricing actions (including decreased volumes), and the pricing environment among competitors within the industry, (k) our ability to adjust pricing to offset, or partially offset, inflationary pressure or tariffs (including retaliatory tariffs) on the cost of our products, including ingredient and packaging costs; (l) disruptions in our direct-store-delivery distribution model, including litigation or an adverse ruling by a court or regulatory or governmental body that could affect the independent contractor classifications of the independent distributor partners ("IDPs"), and changes to our direct-store-delivery distribution model in California, (m) increasing legal complexity and legal proceedings that we are or may become subject to, (n) labor shortages and turnover or increases in employee and employee-related costs, (o) the credit, business, and legal risks associated with IDPs and customers, which operate in the highly competitive retail food and foodservice industries, (p) any business disruptions due to political instability, pandemics, armed hostilities, incidents of terrorism, natural disasters, labor strikes or work stoppages, technological breakdowns, product contamination, product recalls or safety concerns related to our products, or the responses to or repercussions from any of these or similar events or conditions and our ability to insure against such events, (q) the failure of our information technology systems to perform adequately, including any interruptions, intrusions, cyber-attacks or security breaches of such systems or risks associated with the implementation of the upgrade of our ERP system; and (r) the potential impact of climate change on the company, including physical and transition risks, our availability or restriction of resources, higher regulatory and compliance costs, reputational risks, and our availability of capital on attractive terms. The foregoing list of important factors does not include all such factors, nor does it necessarily present them in order of importance. In addition, you should consult other disclosures made by the company (such as in our other filings with the SEC or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors, of our Form 10-K, Part II, Item 1A., Risk Factors, of the Form 10-Q for the quarter ended October 4, 2025 and subsequent filings with the SEC for additional information regarding factors that could affect the company's results of operations, financial condition and liquidity. We caution you not to place undue reliance on forward-looking statements, as they speak only as of the date made and are inherently uncertain. The company undertakes no obligation to publicly revise or update such statements, except as required by law. You are advised, however, to consult any further public disclosures by the company (such as in our filings with the SEC or in company press releases) on related subjects.Information Regarding Non-GAAP Financial Measures
The company prepares its consolidated financial statements in accordance with U.S. Generally Accepted Accounting Principles (GAAP). However, from time to time, the company may present in its public statements, press releases and SEC filings, non-GAAP financial measures such as, EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted diluted EPS, adjusted income tax expense, adjusted selling, distribution and administrative expenses (SD&A), and gross margin excluding depreciation and amortization. The reconciliations attached provide reconciliations of the non-GAAP measures used in this presentation or release to the most comparable GAAP financial measure. The company's definitions of these non-GAAP measures may differ from similarly titled measures used by others. These non-GAAP measures should be considered supplemental to, and not a substitute for, financial information prepared in accordance with GAAP.The company defines EBITDA as earnings before interest, taxes, depreciation and amortization. Earnings are net income. The company believes that EBITDA is a useful tool for managing the operations of its business and is an indicator of the company's ability to incur and service indebtedness and generate free cash flow. The company also believes that EBITDA measures are commonly reported and widely used by investors and other interested parties as measures of a company's operating performance and debt servicing ability because EBITDA measures assist in comparing performance on a consistent basis without regard to depreciation or amortization, which can vary significantly depending upon accounting methods and non-operating factors (such as historical cost). EBITDA is also a widely-accepted financial indicator of a company's ability to incur and service indebtedness.EBITDA should not be considered an alternative to (a) income from operations or net income (loss) as a measure of operating performance; (b) cash flows provided by operating, investing and financing activities (as determined in accordance with GAAP) as a measure of the company's ability to meet its cash needs; or (c) any other indicator of performance or liquidity that has been determined in accordance with GAAP.The company defines adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted diluted EPS, adjusted income tax expense and adjusted SD&A, respectively, to exclude additional costs that the company considers important to present to investors to increase the investors' insights about the company's core operations. These costs include, but are not limited to, the costs of closing a plant or costs associated with acquisition and integration-related activities, restructuring activities, certain impairment charges, legal settlements, costs to implement an enterprise resource planning system and enhance bakery digital capabilities (business process improvement costs) to provide investors direct insight into these costs, and other costs impacting past and future comparability. The company believes that these measures, when considered together with its GAAP financial results, provide management and investors with a more complete understanding of its business operating results, including underlying trends, by excluding the effects of certain charges. Adjusted EBITDA is used as the primary performance measure in the company's 2014 Omnibus Equity and Incentive Compensation Plan (Amended and Restated Effective May 25, 2023).Presentation of gross margin includes depreciation and amortization in the materials, supplies, labor and other production costs according to GAAP. Our method of presenting gross margin excludes the depreciation and amortization components, as discussed above.The reconciliations attached provide reconciliations of the non-GAAP measures used in this release to the most comparable GAAP financial measure.Flowers Foods, Inc.
Condensed Consolidated Balance Sheets
(000's omitted)




January 3, 2026

December 28, 2024
Assets





Cash and cash equivalents
$12,100

$5,005
Other current assets

694,753


631,242
Property, plant and equipment, net

952,725


964,320
Right-of-use leases, net

321,116


318,785
Distributor notes receivable (1)

130,723


128,199
Other assets

40,007


46,631
Cost in excess of net tangible assets, net

2,032,437


1,306,265
Total assets
$4,183,861

$3,400,447
Liabilities and Stockholders' Equity





Current liabilities
$502,804

$480,079
Long-term debt (2)

1,755,132


1,021,644
Right-of-use lease liabilities (3)

325,075


322,989
Other liabilities

297,363


165,621
Stockholders' equity

1,303,487


1,410,114
Total liabilities and stockholders' equity
$4,183,861

$3,400,447


(1)Includes current portion of $22,241 and $20,117, respectively.(2)Includes current portion of $399,575 and $0, respectively.(3)Includes current portion of $73,778 and $68,524, respectively. Flowers Foods, Inc.Consolidated Statement of Operations(000's omitted, except per share data)


For the 13-Week
Period Ended

For the 12-Week
Period Ended

For the 53-Week
Period Ended

For the 52-Week
Period Ended


January 3, 2026

December 28, 2024

January 3, 2026

December 28, 2024
Net sales
$1,232,860

$1,111,125

$5,256,479

$5,103,487
Materials, supplies, labor and other production costs (exclusive of
   depreciation and amortization shown separately below)

634,476


568,463


2,687,585


2,577,220
Selling, distribution, and administrative expenses

492,366


444,042


2,075,368


2,001,052
Restructuring charges

—


—


6,083


7,403
Plant closure costs and impairment of assets

—


450


7,397


10,310
Impairment of intangible assets

135,981


—


135,981


—
Loss on inferior ingredients

2,657


—


2,657


—
Depreciation and amortization expense

38,460


36,817


167,427


159,210
(Loss) income from operations

(71,080)


61,353


173,981


348,292
Other pension (benefit) cost

(88)


122


(381)


(273)
Interest expense, net

15,757


4,326


59,294


19,623
(Loss) income before income taxes

(86,749)


56,905


115,068


328,942
Income tax (benefit) expense

(19,677)


13,783


31,243


80,826
Net (loss) income
$(67,072)

$43,122

$83,825

$248,116
Net (loss) income per diluted common share
$(0.32)

$0.20

$0.40

$1.17
Diluted weighted average shares outstanding

211,420


212,192


212,107


212,137
 Flowers Foods, Inc.Condensed Consolidated Statement of Cash Flows(000's omitted)


For the 13-Week
Period Ended

For the 12-Week
Period Ended

For the 53-Week
Period Ended

For the 52-Week
Period Ended


January 3, 2026

December 28, 2024

January 3, 2026

December 28, 2024
Cash flows from operating activities:











Net (loss) income
$(67,072)

$43,122

$83,825

$248,116
Adjustments to reconcile net (loss) income to net cash from
operating activities:











   Total non-cash adjustments

163,184


63,149


370,821


245,992
   Changes in assets and liabilities

29,268


24,023


(8,443)


(81,444)
Net cash provided by operating activities

125,380


130,294


446,203


412,664
Cash flows from investing activities:











   Purchase of property, plant and equipment

(46,808)


(45,464)


(127,113)


(132,088)
   Proceeds from sale of property, plant and equipment

39


100


616


2,140
   Acquisition of business, net of cash acquired

—


—


(791,928)


—
   Other

(992)


(14,363)


(24,730)


(42,721)
Net cash disbursed for investing activities

(47,761)


(59,727)


(943,155)


(172,669)
Cash flows from financing activities:











   Dividends paid

(52,267)


(50,544)


(209,306)


(203,033)
   Stock repurchases

—


—


(5,499)


(22,703)
   Net change in debt borrowings

(25,000)


(32,800)


739,880


(27,800)
   Payment of financing fees

—


—


(10,120)


(190)
   Other

(4,983)


2,807


(10,908)


(3,791)
Net cash (disbursed for) provided by financing activities

(82,250)


(80,537)


504,047


(257,517)
Net (decrease) increase in cash and cash equivalents

(4,631)


(9,970)


7,095


(17,522)
Cash and cash equivalents at beginning of period

16,731


14,975


5,005


22,527
Cash and cash equivalents at end of period
$12,100

$5,005

$12,100

$5,005
 Flowers Foods, Inc.Net Sales by Sales Class and Net Sales Bridge(000's omitted)Net Sales by Sales Class
Net Sales by Sales Class
For the 13-Week Period
Ended

For the 12-Week Period
Ended








January 3, 2026

December 28, 2024

$ Change

% Change
Branded Retail
$811,575

$696,321

$115,254


16.6%Other

421,285


414,804


6,481


1.6%Total Net Sales
$1,232,860

$1,111,125

$121,735


11.0%
Net Sales by Sales Class
For the 53-Week Period
Ended

For the 52-Week Period
Ended








January 3, 2026

December 28, 2024

$ Change

% Change
Branded Retail
$3,462,854

$3,259,267

$203,587


6.2%Other

1,793,625


1,844,220


(50,595)


(2.7)%Total Net Sales
$5,256,479

$5,103,487

$152,992


3.0% Net Sales Bridge
For the 13-week period ended January 3, 2026
Branded Retail

Other

Total
Pricing/mix^*

2.3%

(2.5)%

0.7%Volume*

(1.7)%

(2.7)%

(2.2)%Acquisition (excluding impact of Week 53)

7.7%

0.0%

4.7%12-week vs. 12-week comparison

8.3%

(5.2)%

3.2%Impact of Week 53

8.3%

6.8%

7.8%Total percentage point change in net sales

16.6%

1.6%

11.0%









For the 53-week period ended January 3, 2026
Branded Retail

Other

Total
Pricing/mix^*

(0.5)%

(1.7)%

(0.8)%Volume*

(1.5)%

(2.6)%

(2.0)%Acquisition (excluding impact of Week 53)

6.4%

0.0%

4.1%52-week vs. 52-week comparison

4.4%

(4.3)%

1.3%Impact of Week 53

1.8%

1.6%

1.7%Total percentage point change in net sales

6.2%

(2.7)%

3.0%

The table above presents certain sales by category that have been reclassified from amounts previously reported to conform to the current period presentation.
^ Includes sales reductions from variable consideration and payments to customers.
* Computations above are calculated as follows (the Total column is consolidated and is not adding the Branded Retail and Other columns):
      Price/Mix $ = Current year period units × change in price per unit
      Price/Mix % = Price/Mix $ ÷ Prior year period Net Sales $










      Volume $ = Prior year period price per unit × change in units
      Volume % = Volume $ ÷ Prior year period Net Sales $
 Flowers Foods, Inc.Reconciliation of GAAP to Non-GAAP Measures(000's omitted, except per share data)


Reconciliation of (Loss) Earnings per Share to Adjusted Earnings per Share


For the 13-Week
Period Ended

For the 12-Week
Period Ended

For the 53-Week
Period Ended

For the 52-Week
Period Ended


January 3, 2026

December 28, 2024

January 3, 2026

December 28, 2024
Net (loss) income per diluted common share
$(0.32)

$0.20

$0.40

$1.17
Business process improvement costs
NM

NM


0.01


0.02
Plant closure costs and impairment of assets

—

NM


0.03


0.04
Restructuring charges

—


—


0.02


0.03
Restructuring-related implementation costs

0.03


—


0.07


0.01
Impairment of intangible assets

0.48


—


0.48


—
Acquisition and integration-related costs

0.01


0.01


0.07


0.01
Legal settlements and related costs

—


0.01

NM


0.01
Loss on inferior ingredients

0.01


—


0.01


—
Pension plan settlement loss

—

NM


—

NM
Adjusted net income per diluted common share
$0.22

$0.22

$1.09

$1.28
NM - not meaningful.











Certain amounts may not add due to rounding.















Reconciliation of Gross Margin


For the 13-Week
Period Ended

For the 12-Week
Period Ended

For the 53-Week
Period Ended

For the 52-Week
Period Ended


January 3, 2026

December 28, 2024

January 3, 2026

December 28, 2024
Net sales
$1,232,860

$1,111,125

$5,256,479

$5,103,487
Materials, supplies, labor and other production costs (exclusive
   of depreciation and amortization)

634,476


568,463


2,687,585


2,577,220
Gross margin excluding depreciation and amortization

598,384


542,662


2,568,894


2,526,267
Less depreciation and amortization for production activities

21,192


20,252


90,946


87,833
Gross margin
$577,192

$522,410

$2,477,948

$2,438,434
Depreciation and amortization for production activities
$21,192

$20,252

$90,946

$87,833
Depreciation and amortization for selling, distribution, and
   administrative activities

17,268


16,565


76,481


71,377
Total depreciation and amortization
$38,460

$36,817

$167,427

$159,210



Reconciliation of Selling, Distribution, and Administrative Expenses to
Adjusted SD&A


For the 13-Week
Period Ended

For the 12-Week
Period Ended

For the 53-Week
Period Ended

For the 52-Week
Period Ended


January 3, 2026

December 28, 2024

January 3, 2026

December 28, 2024
Selling, distribution, and administrative expenses
   (SD&A)
$492,366

$444,042

$2,075,368

$2,001,052
Business process improvement costs

(1,057)


1,250


(3,368)


(4,529)
Restructuring-related implementation costs

(8,811)


—


(19,529)


(2,979)
Acquisition and integration-related costs

(1,534)


(2,008)


(17,904)


(2,008)
Legal settlements and related costs

—


(2,973)


(902)


(3,800)
Adjusted SD&A
$480,964

$440,311

$2,033,665

$1,987,736
 Flowers Foods, Inc.Reconciliation of GAAP to Non-GAAP Measures(000's omitted, except per share data)


Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA


For the 13-Week
Period Ended

For the 12-Week
Period Ended

For the 53-Week
Period Ended

For the 52-Week
Period Ended


January 3, 2026

December 28, 2024

January 3, 2026

December 28, 2024
Net (loss) income
$(67,072)

$43,122

$83,825

$248,116
Income tax (benefit) expense

(19,677)


13,783


31,243


80,826
Interest expense, net

15,757


4,326


59,294


19,623
Depreciation and amortization

38,460


36,817


167,427


159,210
EBITDA

(32,532)


98,048


341,789


507,775
Other pension (benefit) cost

(88)


122


(381)


(273)
Business process improvement costs

1,057


(1,250)


3,368


4,529
Plant closure costs and impairment of assets

—


450


7,397


10,310
Restructuring charges

—


—


6,083


7,403
Restructuring-related implementation costs

8,811


—


19,529


2,979
Impairment of intangible assets

135,981


—


135,981


—
Acquisition and integration-related costs

1,534


2,008


17,904


2,008
Legal settlements and related costs

—


2,973


902


3,800
Loss on inferior ingredients

2,657


—


2,657


—
Adjusted EBITDA
$117,420

$102,351

$535,229

$538,531
Net sales
$1,232,860

$1,111,125

$5,256,479

$5,103,487
Adjusted EBITDA margin

9.5%

9.2%

10.2%

10.6%


Reconciliation of Income Tax (Benefit) Expense to Adjusted Income Tax Expense


For the 13-Week
Period Ended

For the 12-Week
Period Ended

For the 53-Week
Period Ended

For the 52-Week
Period Ended


January 3, 2026

December 28, 2024

January 3, 2026

December 28, 2024
Income tax (benefit) expense
$(19,677)

$13,783

$31,243

$80,826
Tax impact of:











Business process improvement costs

264


(313)


842


1,132
Plant closure costs and impairment of assets

—


112


1,850


2,578
Restructuring charges

—


—


1,521


1,851
Restructuring-related implementation costs

2,202


—


4,882


745
Impairment of intangible assets

33,995


—


33,995


—
Acquisition and integration-related costs

77


502


2,093


502
Legal settlements and related costs

—


743


226


950
Loss on inferior ingredients

664


—


664


—
Pension plan settlement loss

—


60


—


60
Adjusted income tax expense
$17,525

$14,887

$77,316

$88,644
 Flowers Foods, Inc.Reconciliation of GAAP to Non-GAAP Measures(000's omitted, except per share data)


Reconciliation of Net (Loss) Income to Adjusted Net Income


For the 13-Week
Period Ended

For the 12-Week
Period Ended

For the 53-Week
Period Ended

For the 52-Week
Period Ended


January 3, 2026

December 28, 2024

January 3, 2026

December 28, 2024
Net (loss) income
$(67,072)

$43,122

$83,825

$248,116
Business process improvement costs

793


(937)


2,526


3,397
Plant closure costs and impairment of assets

—


338


5,547


7,732
Restructuring charges

—


—


4,562


5,552
Restructuring-related implementation costs

6,609


—


14,647


2,234
Impairment of intangible assets

101,986


—


101,986


—
Acquisition and integration-related costs

1,457


1,506


15,811


1,506
Legal settlements and related costs

—


2,230


676


2,850
Loss on inferior ingredients

1,993


—


1,993


—
Pension plan settlement loss

—


181


—


181
Adjusted net income
$45,766

$46,440

$231,573

$271,568


























 



View original content to download multimedia:https://www.prnewswire.com/news-releases/flowers-foods-inc-reports-fourth-quarter-and-full-year-2025-results-302686805.htmlSOURCE Flowers Foods, Inc.

Original: FLOWERS FOODS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS

FLOWERS FOODS NAMES DAVID ROACH CHIEF DSD OPERATIONS OFFICERFebruary 9, 2026 11:30 AM
PR Newswire (US)

New leadership structure also includes consolidated cake division led by Dan ScottTHOMASVILLE, Ga., Feb. 9, 2026 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) has named David Roach chief DSD operations officer, a newly created role designed to strengthen execution and increase accountability across the company's direct-store-delivery (DSD) operations.







Roach has full profit-and-loss responsibility for Flowers' DSD business, overseeing sales performance, operational efficiency, and cross-functional alignment across the full value chain. He reports to Heeth Varnedoe, president and chief operating officer."This new role sharpens ownership of our DSD sales performance and enables greater visibility and influence to deliver strong results aligned with company goals," said Varnedoe. "David's leadership and deep understanding of our DSD model positions us to improve execution, enhance profitability, and consistently deliver value to stakeholders."Roach has more than 30 years of experience with Flowers. He most recently served as chief strategic projects officer, leading initiatives to advance the company's long-term growth. Prior roles include president of cake operations and leadership posts spanning snacking/specialty, organics, and national and regional sales, as well as operations presidencies in Villa Rica, Ga., and Nashville, Tenn.Roach's appointment reflects Flowers' focus on operating with greater speed and efficiency in an increasingly dynamic retail environment, where disciplined execution and enterprise visibility are critical to delivering sustained results.As part of the organization's evolution, Flowers has also consolidated its end-to-end cake business into a newly formed division led by Dan Scott, senior vice president, cake. In this new role, Scott reports to Roach and is responsible for accelerating performance and driving profitable growth across the cake portfolio.Scott, who joined Flowers in 1999, brings extensive DSD sales and bakery experience through multiple leadership positions across the company's traditional, specialty, and cake businesses. He also played a critical role in Flowers' recent digital transformation initiatives."Dan's extensive experience in DSD sales and proven ability to lead through transformational change will be invaluable as we seek continued improvement and growth in our cake business," stated Varnedoe. "Together, these leadership and structural changes strengthen our DSD model and position Flowers for long-term success."About Flowers FoodsHeadquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2024 net sales of $5.1 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. Learn more at www.flowersfoods.com.FLO-CORP FLO-IRForward-Looking StatementsStatements contained in this press release and certain other written or oral statements made from time to time by Flowers Foods, Inc. (the "company", "Flowers Foods", "Flowers", "us", "we", or "our") and its representatives that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to current expectations regarding our business and our future financial condition and results of operations and are often identified by the use of words and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will," "would," "is likely to," "is expected to" or "will continue," or the negative of these terms or other comparable terminology. These forward-looking statements are based upon assumptions we believe are reasonable. Forward-looking statements are based on current information and are subject to risks and uncertainties that could cause our actual results to differ materially from those projected. Certain factors that may cause actual results, performance, liquidity, and achievements to differ materially from those projected are discussed in our Annual Report on Form 10-K for the year ended December 28, 2024 (the "Form 10-K") and our Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission ("SEC") and may include, but are not limited to, (a) unexpected changes in any of the following: (1) general economic and business conditions; (2) the competitive setting in which we operate, including advertising or promotional strategies by us or our competitors, as well as changes in consumer demand; (3) interest rates and other terms available to us on our borrowings; (4) supply chain conditions and any related impact on energy and raw materials costs and availability and hedging counter-party risks; (5) relationships with or increased costs related to our employees and third-party service providers; (6) laws and regulations (including environmental and health-related issues and the impacts of tariffs, including retaliatory tariffs); and (7) accounting standards or tax rates in the markets in which we operate,  (b) the loss or financial instability of any significant customer(s), including as a result of product recalls or safety concerns related to our products, (c) changes in consumer behavior, trends and preferences, including health and whole grain trends and consumer buying habits, the movement toward less expensive store branded products, and the continued reduction of purchases in the fresh packaged bread category, (d) the level of success we achieve in developing and introducing new products and entering new markets, (e) our ability to implement new technology and customer requirements as required, (f) our ability to operate existing, and any new, manufacturing lines according to schedule, (g) our ability to implement and achieve our corporate responsibility goals in accordance with regulatory requirements and the expectations of our stakeholders, suppliers, and customers; (h) our ability to execute our business strategies which may involve, among other things, (1) the ability to realize the intended benefits of completed, planned or contemplated acquisitions, dispositions or joint ventures, such as the acquisition of Simple Mills, (2) the deployment of new systems (e.g., our enterprise resource planning ("ERP") system), distribution channels and technology, and (3) an enhanced organizational structure (e.g., our sales and supply chain reorganization), (i) consolidation within the baking industry and related industries, (j) changes in pricing, customer and consumer reaction to pricing actions (including decreased volumes), and the pricing environment among competitors within the industry, (k) our ability to adjust pricing to offset, or partially offset, inflationary pressure or tariffs (including retaliatory tariffs) on the cost of our products, including ingredient and packaging costs; (l) disruptions in our direct-store-delivery distribution model, including litigation or an adverse ruling by a court or regulatory or governmental body that could affect the independent contractor classifications of the independent distributor partners ("IDPs"), and changes to our direct-store-delivery distribution model in California, (m) increasing legal complexity and legal proceedings that we are or may become subject to, (n) labor shortages and turnover or increases in employee and employee-related costs, (o) the credit, business, and legal risks associated with IDPs and customers, which operate in the highly competitive retail food and foodservice industries, (p) any business disruptions due to political instability, pandemics, armed hostilities, incidents of terrorism, natural disasters, labor strikes or work stoppages, technological breakdowns, product contamination, product recalls or safety concerns related to our products, or the responses to or repercussions from any of these or similar events or conditions and our ability to insure against such events, (q) the failure of our information technology systems to perform adequately, including any interruptions, intrusions, cyber-attacks or security breaches of such systems or risks associated with the implementation of the upgrade of our ERP system; and (r) the potential impact of climate change on the company, including physical and transition risks, our availability or restriction of resources, higher regulatory and compliance costs, reputational risks, and our availability of capital on attractive terms. The foregoing list of important factors does not include all such factors, nor does it necessarily present them in order of importance. In addition, you should consult other disclosures made by the company (such as in our other filings with the SEC or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors, of our Form 10-K, Part II, Item 1A., Risk Factors, of the Form 10-Q for the quarter ended October 4, 2025 and subsequent filings with the SEC for additional information regarding factors that could affect the company's results of operations, financial condition and liquidity. We caution you not to place undue reliance on forward-looking statements, as they speak only as of the date made and are inherently uncertain. The company undertakes no obligation to publicly revise or update such statements, except as required by law. You are advised, however, to consult any further public disclosures by the company (such as in our filings with the SEC or in company press releases) on related subjects.














View original content to download multimedia:https://www.prnewswire.com/news-releases/flowers-foods-names-david-roach-chief-dsd-operations-officer-302682624.htmlSOURCE Flowers Foods, Inc.

Original: FLOWERS FOODS NAMES DAVID ROACH CHIEF DSD OPERATIONS OFFICER

If FLO getting ready to split shares?

Good mornin. Starting my day with wonder bread toasted. Afternoon i flip back to my killer bread. Thus stock is as tasty as their bread. Have a great day. Time to make some Bread. LOL

Love Dave's Killer Bread...... This is the biggest part of the growth moving into 2021.... Have a great day.

$FLO Flower Foods gains premarket on earnings beat.

Yesterdays earnings report hit the right notes with investors, the stock traded higher on a beat on both earnings and revenue, while also providing favorable guidance for the full year. Shares jumped 3.5% afterhours so we hope for continuation today, the stock completed a correction from April 18 high and is now approaching that level once again at $22.80. In the longer term our wave 3 target is approx $28.

Once I was faced with a similar circumstance. Between myself and other family members owning stock, it was sufficient to get my grievance addressed by the President of the company. It did change certain practices that the President was not aware because of shielding by middle management politics.
Likewise, if Distributors buy enough FLO stock then you may get attention to your grievance, and perhaps bring the issue to the Annual Meeting.

Those of you that are large investors in flo please become aware of how bad they now treat the distributors of their product. They've had several lawsuits they lost because of their treatment of distributors and the way things are headed it looks like many more to come. You may want to question the board of flowers on why the are now mistreating the ones that made them successful.

Bread is a staple of life. If the stock market dives, people still need bread. FLO is an excellent investment.

Go FLO

Nice day today.

Thanks for sharing! Cashflow models also show FLO has 25% upside...long

Valuation Models

Here is a great article with opinions about current happenings with Flowers Food. I am a very long holder of FLO. I have been with them through two 3 for 2 splits. So, they would have to go down to $10 per share before I would get down to the money that I put in. I sure hope they don't go that low, but if they did, I would be stocking up at that price. I am thinking about stocking up at $15 per share since I remember not too long ago it was at $28 per share. I personally think it will get back up there after all the lawsuit talk is gone, but that may be awhile. The dividend is a great bargain for FLO now because the dividend is staying the same even though the price per share is only around $15 now.
http://seekingalpha.com/article/4007024-flowers-foods-short-term-difficulties-present-long-term-opportunity?auth_param=1bu9dg:1btvq3j:5c0a9a02955c94b4c5ade44d5c2e3d7b&uprof=45&dr=1

I have held it for a year. I have 200 shares. There is a message group on yahoo. Contact me at zelskid@hotmail.com

Flowers Foods' dividends is a great dividend stock.

I have been invested in Flowers Foods stocks for around 7 years, and my money has doubled during that time even with the recent downturn in price from $27 to now $19 per share. I love the dividend, and I know their price per share will go back up. I also know that I am getting more shares with each dividend per quarter which is great.

Good job for anyone investing in Flowers Foods while the price per share is beneath $20 per share.

I am very interested in FLO. The price dropped more than 3% today, I have no idea why, but I'm happy since it getting nearer my buy price of $17.

What are your guys' thoughts about Flower Foods? I am a dividend growth investor, so I'm in it for the dividend alone, not so much for the gains in price.

Flower Foods dividend data

According to this page they have raised their dividend for 14 years in a row, which I think is quite a lot?

Any thoughts?

I am very optimistic about the folks who bought Tastykakes.

This is by far my favorite stock. The market gave people a great opportunity to by a quality defensive stock with a great dividend. The market can be stupid sometimes, but it doesn't mean that smart investors can't out maneuver it. I can wait, traders can't. Their loss, my dividends.

FLO is Going back up--giving 14.5 dividend

I have doubled my money in FLO the last 7 years even with the stock going down from $23 to now $17. I should have bought some more when it went down into the $16 range because I know it will go back up again. They own Wonder Bread, Sunbeam, Nature's Own, and many others. They also recently announced another great dividend to share holders. Now is the time to buy because alot of people use bread in the spring and summer. Even a Flipper could make 25% off their investment in the next year off of FLO.

$FLO DD Notes ~ http://www.ddnotesmaker.com/FLO

bullish
long term bull flag breakout

$FLO recent news/filings

## source: finance.yahoo.com

Thu, 18 Dec 2014 22:24:02 GMT ~ Flowers Foods' Shiver and Avera Exercised Options with Intent to Hold Shares

[at noodls] - THOMASVILLE, Ga., Dec. 18, 2014 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), the second-largest producer and marketer of packaged bakery foods in the United States, today announced that Allen L. Shiver, ...

read full: http://www.noodls.com/view/5F481FE9AE42F2B19A9B2525F30D68F8F46E8426
*********************************************************

Thu, 18 Dec 2014 22:12:00 GMT ~ Flowers Foods' Shiver and Avera Exercised Options with Intent to Hold Shares

[PR Newswire] - THOMASVILLE, Ga., Dec. 18, 2014 /PRNewswire/ -- Flowers Foods, Inc. (FLO), the second-largest producer and marketer of packaged bakery foods in the United States, today announced that Allen L. Shiver, president and chief executive officer, and Stephen R. Avera, executive vice president, secretary, and general counsel, exercised stock options this week. Mr. Shiver exercised options for 82,125 shares in a transaction with the company. He intends to hold for the foreseeable future the shares of Flowers Foods common stock obtained through this option exercise, net of those shares necessary to cover the exercise price and related tax liability. Following the completion of this exercise, Mr. Shiver will hold approximately 529,000 shares of Flowers Foods common stock, well in excess of the company's stock ownership guidelines.

read full: http://finance.yahoo.com/news/flowers-foods-shiver-avera-exercised-221200370.html
*********************************************************

Mon, 24 Nov 2014 22:26:36 GMT ~ FLOWERS FOODS INC Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financial


read full: http://biz.yahoo.com/e/141124/flo8-k.html
*********************************************************

Mon, 24 Nov 2014 14:28:58 GMT ~ Kuwait's KNPC to invest $40 bln to 2022


read full: http://finance.yahoo.com/news/kuwaits-knpc-invest-40-bln-142858198.html
*********************************************************

Fri, 21 Nov 2014 22:18:48 GMT ~ Flowers Foods' George E. Deese To Retire As Executive Chairman And Serve As Non-Executive Chairman

[at noodls] - THOMASVILLE, Ga., Nov. 21, 2014 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) announced today that consistent with the company's management succession plan established by the board of directors five years ...

read full: http://www.noodls.com/view/FE51E59AA31516A327B091F260DB85769A5E1242
*********************************************************


$FLO charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$FLO company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/FLO/company-info
Ticker: $FLO
OTC Market Place: Not Available
CIK code: 0001128928
Company name: Flowers Foods, Inc.
Company website: http://www.flowersfoods.com
Incorporated In: GA, USA


$FLO share structure

## source: otcmarkets.com

Market Value: $4,125,065,354 a/o Dec 26, 2014
Shares Outstanding: 209,926,990 a/o Nov 06, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$FLO extra dd links

Company name: Flowers Foods, Inc.
Company website: http://www.flowersfoods.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/FLO/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/FLO/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=FLO+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=FLO+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=FLO+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/FLO/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/FLO/news - http://finance.yahoo.com/q/h?s=FLO+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/FLO/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/FLO/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/FLO/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/FLO/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/FLO/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/FLO/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/FLO/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/FLO/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=FLO+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/FLO
DTCC (dtcc.com): http://search2.dtcc.com/?q=Flowers+Foods%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Flowers+Foods%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Flowers+Foods%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.flowersfoods.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.flowersfoods.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.flowersfoods.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/FLO/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/FLO
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/FLO/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/FLO/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/FLO/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001128928&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/FLO/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/FLO/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/FLO/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/FLO/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=FLO&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=FLO
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/FLO/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=FLO+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=FLO+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=FLO
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=FLO
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=FLO+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/FLO/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=FLO+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/FLO.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=FLO
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/FLO/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/FLO/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/FLO/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/FLO/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/FLO
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/FLO
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/FLO:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=FLO
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=FLO



$FLO DD Notes ~ http://www.ddnotesmaker.com/FLO

This bad boy went to 24 as well!

CONGRATS ALL NHOD $23.90 FROM $18

FLO has been showing support around 20.09 and resistance in the 22.74 price range. The technical indicator shows a buy with the 26.56 target price in six months.

Check here:
'http://www.stoxline.com/quote.php?symbol=flo'

Hostess is toast.. Might get scattered about if any bidders. Factories will sell assets off imo.

16c Dividend news nice $22.34 but dont think they will bid for the Hostess assets now because of that divy. Whis is what I was hoping for

lol! yes!! that is awesome! $GO $FLO!!

,,,,,,,$22'S WEEEEEEEEEEE up another 10% badabing!--MONEYMADE

Yeah, might make a trip for honey buns in a bit.. Last chance.

Yes $18s are long gone.....HOSTESS ASSETS NEXT UP (IMO)--MONEYMADE

Wow, this one is old school.. Too bullish to hit radar.. Still could move much higher imo as many do.

,,,,,,,Anyone get $18ssss

~ Thurs-Fri $FLO ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $FLO ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=FLO&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=FLO&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=FLO
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=FLO#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=FLO+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=FLO
Finviz: http://finviz.com/quote.ashx?t=FLO
~ BusyStock: http://busystock.com/i.php?s=FLO&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=FLO >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

Flowers Foods, Inc. is a producer and marketer of bakery products in the United States. It has two segments: direct-store-delivery (DSD) and warehouse delivery. The DSD segment focuses on the production and marketing of bakery products to United States customers in the Southeast, Mid-Atlantic, and Southwest, as well as markets in California and Nevada primarily through its direct-store-delivery system. The warehouse delivery segment produces snack cakes for sale to co-pack, retail and vending customers, as well as frozen bread, rolls, buns, and tortillas for sale to retail and foodservice customers primarily through warehouse distribution. Its branded products include Flowers, Nature’s Own, Whitewheat, Cobblestone Mill, Nature’s Grain, Mrs. Freshley’s, European Bakers, Broad Street Bakery, Mi Casa, Leo’s Foods and Juarez. In May 2011, it merged with Tasty Baking Company (Tasty). Tasty is part of its direct-store-delivery segment.

http://www.google.com/finance?q=FLO