FLOWERS FOODS, INC. REPORTS SECOND QUARTER 2024 RESULTS
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DA Davidson Reiterates Neutral Rating on Flowers Foods (FLO)
August 19, 2024 8:26 AM EDTDA Davidson analyst Brian Holland reiterated a Neutral rating and $23.00 price target on Flowers Foods (NYSE: FLO).
The analyst comments "FLO produced generally in line second quarter results (top line slightly below, EBITDA slightly ahead), marked by branded share growth (though category softer) and improved non branded margins through ongoing portfolio optimization and cost... More
Truist Securities Reiterates Hold Rating on Flowers Foods (FLO)
August 16, 2024 3:01 PM EDTTruist Securities analyst Bill Chappell reiterated a Hold rating and $23.00 price target on Flowers Foods (NYSE: FLO)
The analyst comments "We view the quarter as in line with expectations. Sales were below our expectations due the timing of exits from certain food service... More
Flowers Foods (FLO) Tops Q2 EPS by 3c, Offers Guidance
August 16, 2024 7:06 AM EDTFlowers Foods (NYSE: FLO) reported Q2 EPS of $0.36, $0.03 better than the analyst estimate of $0.33. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.24 billion.
For the 52-week Fiscal 2024, the Company Expects:
Sales in the range of approximately $5.091... More