Flowers Foods (FLO) Reaffirms FY08, FY09 Outlook

December 2, 2008 5:23 PM EST

Flowers Foods (NYSE: FLO) today reaffirmed its previously issued FY08 guidance: sees sales of $2.42-$2.43 billion, versus the consensus of $2.41 billion, and EPS of $1.22-$1.26, versus the Street estimate of $1.24.

Also reaffirmed its preliminary FY09 guidance for sales of $2.72-$2.765 billion, versus the Street estimate of $2.72 billion. EPS for the year are expected to be $1.33-$1.45, versus the Street estimate of $1.40.

Flowers Foods, Inc. produces and markets packaged bakery products to retail and foodservice customers in the United States.


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