Published June 21st, 2016 by Eli Inkrot
Nearly 99% of United States households purchase baked bread. Bread is popular today, and it has been popular for a very long time.
Evidence suggests humans first started baking bread 30,000 years ago. Making bread is one of the oldest businesses in the world. In the business world, stability is very good - according to Warren Buffett.
"Our approach is very much profiting from lack of change rather than from change."
- Warren Buffett
This article shows you how you can profit from the almost unnerving stability of the bread industry with Flowers Foods (NYSE:FLO)
Flowers Foods is the 2nd largest baker in North America. The company is ranked as a Top 30 dividend stock using The 8 Rules of Dividend Investing thanks to its compelling fundamentals.
This article takes a detailed look at Flowers Foods. First, we will start with the company's long history.Flowers Foods' History
Founded in 1919 by two brothers in Thomasville, Georgia the predecessor to Flowers Foods opened to rave reviews. The local newspaper said that the bakery had "the latest and most sanitary machinery" and could produce 30,000 loaves of bread per day. When you're starting a bakery, volume, technology and sanitary standards are certainly a good place to begin.