Flowers Foods (FLO) Tops Q2 EPS by 4c, Updates Guidance
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FLOWERS FOODS, INC. REPORTS SECOND QUARTER 2022 RESULTS
August 11, 2022 4:10 PM EDTTHOMASVILLE, Ga., Aug. 11, 2022 /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 12-week second quarter ended July 16, 2022.
Second Quarter Summary:Compared to the prior year second quarter where applicable
Sales increased 11.0% to $1.129 billion.Net income decreased 4.8% to $53.7 million. Adjusted net income decreased 5.2% to $65.2 million.Adjusted EBITDA(1) decreased 1.8% to $120.0 million, representing... More