FLOWERS FOODS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
Flowers Foods, Inc. (FLO)
Last flowers foods, inc. earnings: 2/5 04:50 pm
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US:NYSE Investor Relations:
flowersfoods.com/ffc_investorcenter/index.cfm
Company Research
Source: PR Newswire
THOMASVILLE, Ga., Feb. 8, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company's 52-week fiscal 2023 and 12-week fourth quarter ended December 30, 2023.Fiscal 2023 Summary:Compared to the prior year where applicableSales increased 5.9% to a record $5.091 billion.Net income decreased 46.0% to $123.4 million, primarily due to increased legal settlement expense. Adjusted net income(1) decreased 5.4% to $256.3 million.Adjusted EBITDA(1) decreased 0.1% to $501.7 million, representing 9.9% of sales, a 50-basis point decrease.Diluted EPS decreased $0.49 to $0.58. Adjusted diluted EPS(1) decreased $0.07 to $1.20.Fourth Quarter Summary:Compared to the prior year fourth quarter where applicableSales increased 4.3% to a fourth-quarter record, $1.129 billion.Net income decreased 26.6% to $35.7 million, primarily due to increased SD&A and depreciation and amortization expense. Adjusted net income(1) decreased 11.2% to $42.7 million.Adjusted EBITDA(1
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FLO
Earnings
- 2/8/24 - In-Line
FLO
Sec Filings
- 4/10/24 - Form 4
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEFA14A
- FLO's page on the SEC website