See more : QS Energy, Inc. (QSEP) 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 |
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Ex-Dividend Reminder: Flowers Foods, Coca-Cola And General Motors
On 11/30/23, Flowers Foods, Coca-Cola, and General Motors will all trade ex-dividend for their respective upcoming dividends.
FLOWERS FOODS DECLARES DIVIDEND
THOMASVILLE, Ga. , Nov. 16, 2023 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that its board of directors has declared a quarterly dividend of $ 0.23 per share, an increase of 4.5% over the same quarter last year.
Flowers Foods, Inc. (FLO) Q3 2023 Earnings Call Transcript
Flowers Foods, Inc. (NYSE:FLO ) Q3 2023 Earnings Call Transcript November 10, 2023 8:30 AM ET Company Participants J.T. Rieck - Executive Vice President of Finance and Investor Relations Ryals McMullian - Chairman, President and Chief Executive Officer Steve Kinsey...
Why Flower Foods Stock Dropped Today
Consumers are increasingly trading down from Flower Foods' products to cheaper alternatives. The company lowered guidance in light of this.
Flowers Foods (FLO) Q3 Earnings Top Estimates, Sales View Down
Flowers Foods' (FLO) third-quarter fiscal 2023 results reflect increased sales on effective pricing actions. However, earnings fall year over year.
FLOWERS FOODS, INC. REPORTS THIRD QUARTER 2023 RESULTS
THOMASVILLE, Ga. , Nov. 9, 2023 /PRNewswire/ -- Flowers Foods, Inc. NYSE: FLO) today reported financial results for the company's 12-week fiscal third quarter ended October 7, 2023.
Should You Buy Flowers Foods (FLO) Ahead of Earnings?
Flowers Foods (FLO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Will Flowers Foods (FLO) Beat Estimates Again in Its Next Earnings Report?
Flowers Foods (FLO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Source: https://incomestatements.info
Category: Stock Reports