See more : Azure Power Global Limited (AZREF) Income Statement Analysis – Financial Results
Complete financial analysis of Flowers Foods, Inc. (FLO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Flowers Foods, Inc., a leading company in the Packaged Foods industry within the Consumer Defensive sector.
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Flowers Foods, Inc. (FLO)
About Flowers Foods, Inc.
Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and two leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.09B | 4.81B | 4.33B | 4.39B | 4.12B | 3.95B | 3.92B | 3.93B | 3.78B | 3.75B | 3.75B | 3.05B | 2.77B | 2.57B | 2.60B | 2.41B | 2.04B | 1.89B | 1.72B | 1.55B | 1.45B | 1.65B | 1.63B | 1.62B | 1.51B | 1.48B |
| Cost of Revenue | 2.63B | 2.50B | 2.18B | 2.20B | 2.16B | 2.07B | 2.01B | 2.03B | 1.96B | 1.95B | 1.97B | 1.62B | 1.47B | 1.35B | 1.39B | 1.26B | 1.04B | 949.61M | 861.58M | 779.44M | 720.16M | 910.37M | 888.82M | 900.20M | 883.88M | 795.08M |
| Gross Profit | 2.46B | 2.30B | 2.16B | 2.19B | 1.97B | 1.89B | 1.91B | 1.90B | 1.82B | 1.80B | 1.78B | 1.43B | 1.30B | 1.23B | 1.21B | 1.15B | 997.66M | 939.04M | 854.29M | 771.87M | 732.83M | 741.79M | 740.18M | 719.78M | 623.54M | 688.06M |
| Gross Profit Ratio | 48.30% | 47.94% | 49.77% | 49.95% | 47.73% | 47.70% | 48.76% | 48.40% | 48.04% | 47.97% | 47.42% | 46.90% | 46.88% | 47.67% | 46.55% | 47.66% | 48.98% | 49.72% | 49.79% | 49.76% | 50.44% | 44.90% | 45.44% | 44.43% | 41.36% | 46.39% |
| Research & Development | 20.10M | 6.10M | 5.60M | 4.00M | 4.30M | 4.90M | 2.40M | 3.00M | 3.30M | 5.60M | 5.80M | 1.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 1.86B | 1.85B | 1.72B | 1.69B | 1.58B | 1.51B | 1.50B | 1.46B | 1.38B | 1.37B | 1.38B | 1.11B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 99.30M | 74.60M | 77.70M | 60.40M | 48.20M | 40.50M | 33.80M | 33.90M | 23.50M | 22.90M | 28.10M | 19.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.96B | 1.85B | 1.72B | 1.69B | 1.58B | 1.51B | 1.50B | 1.46B | 1.38B | 1.37B | 1.38B | 1.11B | 1.02B | 936.00M | 926.42M | 894.80M | 787.82M | 759.39M | 695.66M | 632.90M | 601.01M | 613.02M | 668.03M | 642.54M | 582.62M | 527.61M |
| Other Expenses | 309.04M | 141.96M | 136.56M | 141.38M | 144.23M | -3.21M | -4.65M | -6.65M | 132.18M | -15.39M | 118.49M | 102.69M | 94.64M | 85.12M | 77.92M | 71.01M | 65.16M | 61.16M | 59.34M | 56.70M | 53.94M | 101.58M | 66.34M | 67.61M | 59.88M | 118.01M |
| Operating Expenses | 2.29B | 1.99B | 1.86B | 1.83B | 1.72B | 1.65B | 1.65B | 1.61B | 1.51B | 1.50B | 1.49B | 1.21B | 1.11B | 1.02B | 1.01B | 965.00M | 852.98M | 820.55M | 755.00M | 689.60M | 654.95M | 714.60M | 734.37M | 710.15M | 642.50M | 645.62M |
| Cost & Expenses | 4.92B | 4.49B | 4.03B | 4.03B | 3.88B | 3.72B | 3.66B | 3.63B | 3.48B | 3.45B | 3.47B | 2.83B | 2.58B | 2.37B | 2.40B | 2.23B | 1.89B | 1.77B | 1.62B | 1.47B | 1.38B | 1.62B | 1.62B | 1.61B | 1.53B | 1.44B |
| Interest Income | 20.58M | 23.64M | 23.53M | 26.70M | 27.75M | 27.76M | 22.94M | 20.55M | 21.97M | 20.95M | 16.02M | 13.67M | 13.11M | 4.52M | 13.01M | 13.49M | 11.85M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 36.61M | 5.28M | 8.00M | 12.09M | 11.10M | 7.93M | 13.62M | 14.35M | 4.85M | 7.34M | 12.86M | 9.74M | 10.17M | 8.16M | 11.59M | 6.14M | 3.45M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 151.71M | 141.96M | 136.56M | 141.38M | 144.23M | 144.12M | 146.72M | 140.87M | 132.18M | 128.96M | 118.49M | 102.69M | 94.64M | 85.12M | 80.93M | 73.31M | 66.09M | 64.25M | 59.34M | 56.70M | 53.94M | 73.97M | 73.82M | 67.10M | 53.89M | 53.54M |
| EBITDA | 345.80M | 469.96M | 438.99M | 380.74M | 395.02M | 376.83M | 332.57M | 425.09M | 451.77M | 430.05M | 468.92M | 333.14M | 294.35M | 300.81M | 300.27M | 269.50M | 222.63M | 182.74M | 158.63M | 138.98M | 131.82M | 120.51M | 74.16M | 76.74M | 34.93M | 95.99M |
| EBITDA Ratio | 6.79% | 9.43% | 10.04% | 11.36% | 9.53% | 9.48% | 10.40% | 11.11% | 11.48% | 11.47% | 10.76% | 10.54% | 10.23% | 11.31% | 11.04% | 10.86% | 10.30% | 9.51% | 9.24% | 8.96% | 9.07% | 7.79% | 4.43% | 4.77% | 2.32% | 6.47% |
| Operating Income | 172.87M | 303.22M | 294.92M | 321.49M | 225.43M | 212.34M | 162.91M | 263.89M | 297.88M | 275.40M | 335.23M | 218.51M | 189.03M | 205.86M | 206.33M | 185.12M | 144.68M | 118.49M | 99.29M | 82.27M | 77.89M | 27.20M | 5.81M | 9.63M | -18.96M | 42.45M |
| Operating Income Ratio | 3.40% | 6.31% | 6.81% | 7.33% | 5.47% | 5.37% | 4.16% | 6.72% | 7.88% | 7.35% | 8.94% | 7.17% | 6.82% | 8.00% | 7.93% | 7.67% | 7.10% | 6.27% | 5.79% | 5.30% | 5.36% | 1.65% | 0.36% | 0.59% | -1.26% | 2.86% |
| Total Other Income/Expenses | -15.76M | -4.50M | -24.15M | -120.78M | -13.35M | -15.18M | -11.71M | -15.36M | -4.85M | -7.34M | -12.86M | -9.74M | 2.94M | 4.52M | 4.44M | 4.93M | 9.34M | 4.95M | 6.34M | 8.83M | 7.98M | 43.51M | -777.00K | -68.37M | 0.00 | 0.00 |
| Income Before Tax | 157.11M | 298.71M | 270.77M | 200.71M | 212.08M | 197.16M | 149.29M | 249.54M | 293.03M | 268.05M | 322.37M | 208.77M | 191.97M | 210.38M | 207.76M | 190.05M | 153.09M | 123.44M | 105.62M | 91.10M | 85.87M | 10.72M | -26.38M | -58.74M | 0.00 | 0.00 |
| Income Before Tax Ratio | 3.09% | 6.22% | 6.25% | 4.57% | 5.14% | 4.99% | 3.81% | 6.35% | 7.76% | 7.15% | 8.59% | 6.85% | 6.92% | 8.17% | 7.99% | 7.87% | 7.52% | 6.54% | 6.16% | 5.87% | 5.91% | 0.65% | -1.62% | -3.63% | 0.00% | 0.00% |
| Income Tax Expense | 33.69M | 70.32M | 64.59M | 48.39M | 47.55M | 40.00M | -827.00K | 85.76M | 103.84M | 92.32M | 91.48M | 72.65M | 68.54M | 73.33M | 74.05M | 67.74M | 54.97M | 45.30M | 39.86M | 35.07M | 33.06M | 4.59M | -8.14M | -16.46M | -26.25M | 547.00K |
| Net Income | 123.42M | 228.39M | 206.19M | 152.32M | 164.54M | 157.16M | 150.12M | 163.78M | 189.19M | 175.74M | 230.89M | 136.12M | 123.43M | 137.05M | 130.30M | 119.23M | 94.62M | 81.04M | 61.23M | 50.77M | 14.66M | -16.96M | -14.29M | 5.05M | 7.29M | 41.90M |
| Net Income Ratio | 2.42% | 4.75% | 4.76% | 3.47% | 3.99% | 3.98% | 3.83% | 4.17% | 5.01% | 4.69% | 6.16% | 4.47% | 4.45% | 5.32% | 5.01% | 4.94% | 4.65% | 4.29% | 3.57% | 3.27% | 1.01% | -1.03% | -0.88% | 0.31% | 0.48% | 2.83% |
| EPS | 0.58 | 1.08 | 0.97 | 0.72 | 0.78 | 0.74 | 0.72 | 0.79 | 0.90 | 0.84 | 1.11 | 0.66 | 0.61 | 0.67 | 0.63 | 0.58 | 0.46 | 0.26 | 0.29 | 0.15 | 0.07 | -0.05 | -0.06 | 0.20 | 0.03 | 0.18 |
| EPS Diluted | 0.58 | 1.07 | 0.97 | 0.72 | 0.78 | 0.74 | 0.71 | 0.78 | 0.89 | 0.82 | 1.09 | 0.66 | 0.60 | 0.66 | 0.63 | 0.57 | 0.45 | 0.26 | 0.28 | 0.15 | 0.06 | -0.05 | -0.06 | -0.02 | 0.03 | 0.18 |
| Weighted Avg Shares Out | 211.63M | 211.90M | 211.84M | 211.78M | 211.61M | 211.02M | 209.57M | 208.51M | 210.79M | 209.68M | 207.94M | 205.01M | 203.08M | 205.69M | 207.45M | 207.04M | 204.68M | 307.91M | 208.54M | 332.86M | 227.61M | 339.85M | 226.29M | 225.83M | 228.60M | 228.60M |
| Weighted Avg Shares Out (Dil) | 213.36M | 213.23M | 213.03M | 212.35M | 211.97M | 211.63M | 210.44M | 210.35M | 213.36M | 213.09M | 211.93M | 207.67M | 205.32M | 207.24M | 208.65M | 209.33M | 207.83M | 312.53M | 214.58M | 341.49M | 231.70M | 347.73M | 226.29M | 225.83M | 228.60M | 228.60M |
Why Flowers Foods (FLO) is a Top Value Stock for the Long-Term
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FLOWERS FOODS TO PARTICIPATE AT THE BARCLAYS GLOBAL CONSUMER STAPLES CONFERENCE
THOMASVILLE, Ga. , Sep. 3, 2024 /PRNewswire/ -- Ryals McMullian, chairman and chief executive officer, and Steve Kinsey, chief financial officer and chief accounting officer, of Flowers Foods, Inc. (NYSE: FLO) will participate in a fireside chat at the Barclays...
FLOWERS FOODS DECLARES QUARTERLY DIVIDEND
THOMASVILLE, Ga. , Aug. 22, 2024 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that its board of directors has declared a quarterly dividend of $0.24 per share, an increase of 4.3% over the same quarter last year.
Flowers Foods' Q2 Earnings: Is Now the Right Time to Invest?
Packaged bakery goods maker Flowers Foods Inc. NYSE: FLO reported mixed results for the second quarter as revenue fell by under 1% to $1.2 billion, failing to meet analyst predictions, and adjusted diluted earnings per share of 36 cents beat...
All You Need to Know About Flowers Foods (FLO) Rating Upgrade to Buy
Flowers Foods (FLO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here's Why Flowers Foods (FLO) is a Strong Value Stock
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Flowers Foods (FLO) Q2 Earnings Beat Estimates, Sales Down Y/Y
Flowers Foods' (FLO) second-quarter fiscal 2024 results reflect higher earnings on strong operational performance. However, sales decline year over year due to lower volumes.
Source: https://incomestatements.info
Category: Stock Reports