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-0.000225886604924283 -0.000225886604924283 0.00135531962954602 0.000225886604924283 -0.00203297944431903 -0.000451773209848727 0.00677659814772977 0.00248475265416759
Stock impact report

Flowers Foods (FLO) Q4 Earnings Match Estimates, Sales Up Y/Y [Yahoo! Finance]

Flowers Foods, Inc. (FLO) 
Last flowers foods, inc. earnings: 2/5 04:50 pm Check Earnings Report
Company Research Source: Yahoo! Finance
FLO reported fourth-quarter fiscal 2023 results, wherein the bottom line matched the Zacks Consensus Estimate while declining year over year. Sales increased from the year-ago period level. The resilience of the company's flagship brands in the fourth quarter and fiscal 2023 despite challenging market conditions has been an upside. Dave's Killer Bread continues to stand out, surpassing $1 billion in retail sales in 2023. Apart from this, Flowers Foods' portfolio strategy helped it witness margin improvements across the cake, foodservice and private-label segments. For fiscal 2024, management remains confident about being able to successfully navigate a competitive landscape. Results are likely to gain from moderating commodity costs, favorable pricing adjustments and ongoing saving measures. Promotional activity remains below pre-pandemic levels. Flowers Foods remains focused on innovation and marketing actions, alongside converting its distribution model in California. These init Show less Read more
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