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Flower Foods scorched by weak guidance and downgrade

Feb. 11, 2016 10:01 AM ETFlowers Foods, Inc. (FLO) StockFLOBy: Clark Schultz, SA News Editor
  • Flower Foods (NYSE:FLO) crumbles after Q4 earnings and guidance falls short.
  • The view on FY16 revenue was set at $3.99B to $4.08B vs. $4.07B consensus.
  • The company was downgraded earlier today by Stephens to Equal Weight from Overweight.
  • Flower Foods is down 23.45% to $16.02.
  • Previously: Flowers Foods misses by $0.05, misses on revenue (Feb. 10 2016)

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