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Stock impact report

Is Flowers Foods, Inc. (FLO) A Good Stock To Buy Now? [Yahoo! Finance]

Flowers Foods, Inc. (FLO) 
Last flowers foods, inc. earnings: 2/5 04:50 pm Check Earnings Report
Company Research Source: Yahoo! Finance
In this article, we will summarize the bulls' thesis on FLO. Flowers Foods, Inc.'s share was trading at $8.66 as of March 10th. FLO's trailing and forward P/E were 21.65 according to Yahoo Finance. 15 Countries With the Best Bread in the World Pixabay / Public Domain Flowers Foods, Inc. produces and markets packaged bakery food products in the United States. FLO is facing near-term investor skepticism following its large Q4 non-cash impairment charge, but the market reaction appears overdone, creating a potential buying opportunity. The impairment, primarily a write-down of intangibles, represents a “kitchen sink” quarter, effectively clearing the decks and bringing bad news to the forefront, with much of the downside likely already reflected in the stock price. At the core of FLO's growth story is Dave's Killer Bread (DKB), the leading organic bread brand in the U.S., which continues to gain market share even amid challenging conditions. This high-margin segment serves as a h Show less Read more
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