Flowers Foods (FLO) Tops Q1 EPS by 8c, Offers FY20 Guidance

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Flowers Foods, Inc. Reports First Quarter 2020 Results

May 13, 2020 4:15 PM EDT

THOMASVILLE, Ga., May 13, 2020 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Tastykake, and other bakery foods, today reported financial results for the company's 16-week first quarter ended April 18, 2020.

First Quarter Summary:Compared to the prior year first quarter where applicable

Sales increased 6.8% to $1.349 billion, including an estimated 6.5% to 7.5% increase attributable to the impact of the COVID-19 pandemic. Diluted EPS decreased $0.34 to a loss of $0.03, including a non-cash settlement and curtailment charge of $0.41... More