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FLO

Flowers Foods, Inc.

5/25/2013, 7:33 PM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
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Wednesday, May 22, 5:14 PM Flowers Foods (FLO) declares $0.1125/share quarterly dividend, 5.5% increase from prior dividend of $0.1066 (post-split). For shareholders of record June 05. Payable June 19. Ex-div date June 03. The board declared three-for-two stock split to shareholders on record of June 05. (PR) Comment! [Dividends]
Wednesday, May 22, 11:11 AM Flower Foods (FLO +3.5%) announces a three-for-two stock split to be payable on June 19 to shareholders of record on June 5. Comment! [Consumer]
Thursday, May 16, 10:47 AM Flower Foods (FLO -1.3%) indicates it will consider action on a dividend payout change at its next regularly scheduled meeting when the impact of the purchase of Hostess assets is clearer. Comment! [Consumer]
Thursday, May 16, 7:11 AM More on Flower Foods' (FLO): The company saw volume increase 19.2% during Q1 with acquisitions driving 7.7 percentage points of the rise to help offset a negative price/mix impact. Gross margin up 150 bps to 48.2% due to higher sales volume and a lower ratio of workers to sales. Flower Foods is delaying guidance until the Hostess transaction passes regulatory review. (PR) Comment! [Earnings, Consumer]
Thursday, May 16, 7:11 AM Flowers Foods (FLO): Q1 EPS of $0.46 beats by $0.04. Revenue of $1.13B (+25.9% Y/Y) beats by $40M. (PR) Comment! [Consumer, Earnings, Breaking News]
Thursday, May 16, 12:05 AM Notable earnings before Thursday’s open: ALKS, DANG, FLO, KSS, SOL, WMT Comment! [Earnings]
Wednesday, May 15, 5:30 PM Notable earnings before Thursday’s open: ALKS, DANG, FLO, KSS, SOL, WMT Comment! [Earnings]
Monday, May 13, 12:32 PM Flowers Foods (FLO +0.8%) is in receipt of a second request from the Department of Justice for more information on the dominance of the company's bread business including the impact of its purchase of Hostess products. Industry insiders think the company may have to end up shedding a brand or two to appease the regulators. 3 Comments [Consumer]
Friday, April 26, 6:53 AM Twinkies will be back on the market by late July and the rest of the well-known Hostess brands will follow later in the summer, according to a Hostess Brands exec. The quick turnaround out of the bankruptcy bin has implications for Flower Foods (FLO) and Grupo Bimbo which were hoping to jump into the snacks food void with their own brands. 1 Comment [Consumer]
Wednesday, March 20, 12:52 PM Flower Foods (FLO +3.4%) says it expects long-term sales to grow at a 5% to 10% clip after factoring in the purchase of bread brands from Hostess Brands and future acquisitions. The company has seen a nice bounce in FY13 with sales up 20%-25% YTD and says it will increase its market penetration to at least 77% by the middle of the year. (analyst event webcast) Comment! [Consumer]
Tuesday, March 19, 3:22 PM Popular snack and bread brands from bankrupt Hostess Brands will soon be in stores soon again after a bankruptcy court approved the buyouts by Apollo Global Management (Twinkies, Ho Hos, Ding Dongs) and Flower Foods (Wonder Bread, Nature's Pride). Comment! [Consumer]
Thursday, February 28, 5:52 PM Flowers Foods (FLO) confirms it entered a winning $360M stalking horse bid for bankrupt Hostess Brands. The company adds its $30M bid for Hostess' Beefsteak brand was "topped by another bidder." A bankruptcy court will now review the Hostess Brands bid on March 19. (earlier) Comment! [Consumer, M&A]
Thursday, February 28, 7:27 AM A deal by Flower Foods (FLO) to snap up bread brands from Hostess Brands could help it raise prices with the low-priced white bread market narrowed to two players. Investment firm Stephens thinks bread margins could shoot up to the mid-teens from their current level of 9%-10% as a result of the development. Comment! [Consumer]
Wednesday, February 27, 11:51 AM Flower Foods (FLO +3.7%) will win the Hostess bread brands after no other bids were received by the company, according to sources. As long as the bankruptcy court approves the deal, Flower Foods will gain control of bread brands Butternut, Home Pride, Merita, and Nature's Pride for $360M. 2 Comments [Consumer]
Friday, February 15, 9:51 AM Flowers Foods, Inc. (FLO) declares $0.16/share quarterly dividend, in line with previous. Forward yield 2.29%. For shareholders of record Mar. 01. Payable Mar. 15. Ex-div date Feb. 27. (PR) Comment! [Dividends]
Thursday, February 7, 7:09 AM More on Flower Foods (FLO): The company says it will delay issuing specific guidance for 2013 as it waits on the outcome of possible acquisitions, but noted it expects results to meet or exceed its long-term goals. Flower Foods is in the middle of trying to buy bread brands from Hostess Brands, including the iconic Wonder Bread. Comment! [Consumer]