Flowers Foods (FLO) Tops Q3 EPS by 3c
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Flowers Foods, Inc. Reports Third Quarter 2017 Results
November 8, 2017 4:45 PM ESTTHOMASVILLE, Ga., Nov. 8, 2017 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Wonder, Tastykake, Dave's Killer Bread, and other bakery foods, today reported financial results for the company's 12-week third quarter ended October 7, 2017.
Third Quarter Summary:Compared to the prior year third quarter where applicable
Sales increased 1.5% to $932.8 million. Excluding sales related to a divestiture, sales increased 2.1%. Diluted EPS decreased $0.35 to a loss of $0.16. Adjusted diluted EPS(1) increased 9.5% to $0.23. Net income decreased $73.8 million to a loss of $33.6 million. Adjusted net... More