Flowers Foods (FLO) Misses Q1 EPS by 1c, Maintains FY Guidance

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Flowers Foods, Inc. Announces Results for the First Quarter 2015

May 28, 2015 7:00 AM EDT

THOMASVILLE, Ga., May 28, 2015 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Wonder, Tastykake, and other bakery foods, today reported financial results for the company's 16-week first quarter ended April 25, 2015.

First Quarter 2015 Summary Financial Results

Compared to prior year first quarter

Sales(1) decreased 0.7% to $1,146 million EBITDA(2) decreased 0.8% to $136 million Net income increased 0.5% to $61 million Diluted earnings per share was unchanged at $0.29 Dividends paid increased 17.8% to $0.1325 per share

(1)  Prior period sales have been revised. See explanation in Form... More