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Flowers Foods (FLO -4.3%) Q4 earnings fell 27% as higher ingredient costs offset a sales...

Flowers Foods (FLO -4.3%) Q4 earnings fell 27% as higher ingredient costs offset a sales improvement helped by last year's acquisition of Tasty Baking. Results missed estimates, with EPS at $0.17 vs. consensus $0.21; the maker of Nature’s Own, Sunbeam and Blue Bird breads and baked goods also issued a cautious 2012 outlook.
Comments (1)
  • Wait a minute.. I watched Ben on TV tell congress inflation is subdued, even through the longer term. So, i guess the "higher prices" argument is now the new replacement for weather related reasons for missing earns.
    OR.
    There was a fib propagated.
    10 Feb 2012, 10:57 AM Reply Like
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