Flowers Foods (FLO) Tops Q1 EPS by 2c, Offers Guidance

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Go back to Flowers Foods (FLO) Tops Q1 EPS by 2c, Offers Guidance

Flowers Foods, Inc. Reports First Quarter 2021 Results

May 20, 2021 4:05 PM EDT

THOMASVILLE, Ga., May 20, 2021 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Tastykake, and other bakery foods, today reported financial results for the company's 16-week first quarter ended April 24, 2021.

First Quarter Summary:

Compared to the prior year first quarter where applicable

Sales decreased 3.5% to $1.302 billion compared to record results in the prior year period driven by the pandemic. Net income increased $77.4 million to $71.7 million due primarily to a $116.2 million charge... More