Flowers Foods (FLO) Tops Q3 EPS by 1c

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FLOWERS FOODS, INC. REPORTS THIRD QUARTER 2022 RESULTS

November 10, 2022 4:10 PM EST

THOMASVILLE, Ga., Nov. 10, 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 third quarter ended October 8, 2022.

Third Quarter Summary:Compared to the prior year third quarter where applicable

Sales increased 12.7% to a quarter-record $1.158 billion.Net income increased 4.3% to $40.5 million. Adjusted net income decreased 0.4% to $64.6 million.Adjusted EBITDA(1) increased 1.6% to $120.4... More