Flowers Foods, Inc. (FLO) is currently priced at $9.04, marking an increase of 8.5 cents from the previous close, equating to a 0.95% rise. The trading volume stands at $695,483, up by 13.2% compared to the average.
FLO has shown a positive streak over four consecutive days, with a price increase of 34.5 cents, representing a 3.97% growth from the starting price of $8.69.
In its latest quarterly earnings report, FLO reported an earnings per share of $0.22, surpassing the consensus estimate of $0.16, demonstrating solid performance on Wednesday, February 11th.
The company's forward dividend yield is at an impressive 10.96%, with a dividend per share of 24.75 cents MRQ, showing a 3.4211 cents YoY increase.
FLO's operating cash flow stands at $135.5 million, with a net change in cash of -$4.63 million. Debt repayment amounted to $40.10 million, while free cash flow reached $88.69 million.
With a revenue of $1.23 billion and a net income of -$67 million, FLO faces challenges in profitability, evident in the negative net profit margin of -5.44%.
Key ratios reveal a mixed picture for FLO, with a gross profit margin of 45.42%, but negative net profit margin and return on equity, indicating areas for improvement.
FLO's total assets amount to $4.18 billion, with total liabilities at $2.88 billion, showcasing a strong financial position despite certain profitability concerns.
Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and two leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.