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Stock impact report

Flowers Foods: Still Too Much Baked Into The Stock - Sell Until The Dividend Is Cut [Seeking Alpha]

Flowers Foods, Inc. (FLO) 
Last flowers foods, inc. earnings: 2/5 04:50 pm Check Earnings Report
Company Research Source: Seeking Alpha
FLO's 8.7% dividend yield appears unsustainable due to potentially shrinking cash flow coverage and rising cost of debt, risking a cut within 12–24 months. Simple Mills offers hope for margin improvement, but the legacy bread business struggles, and high debt together with low liquidity limit near-term upside and strategic flexibility. I rate FLO a sell, expecting further share price declines and finally a dividend cut as the company prioritizes deleveraging over payouts. Oliver Rossi/DigitalVision via Getty Images Intro Flowers Foods, Inc. ( FLO ) was founded in 1919. Today, it is America's second-largest packaged bakery foods company, with a bread dollar share of 16.7%. Operating via a unique direct-store-delivery model through 44 bakeries This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this articl Show less Read more
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