Flowers Foods is a leading packaged food company that specializes in the production and distribution of a wide range of bakery products
Known for its popular bread, rolls, and snack cakes, the company operates multiple brands that cater to diverse consumer preferences and dietary needs. With a robust supply chain, Flowers Foods ensures its products are available in grocery stores, club stores, and foodservice channels across the United States. The company prioritizes quality and innovation, often introducing new products to meet evolving market trends and consumer demands.
Packaged bakery food company Flower Foods (NYSEFLO) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 1.6% year on year to $1.11 billion. On the other hand, the company’s full-year revenue guidance of $5.45 billion at the midpoint came in 4.3% above analysts’ estimates. Its non-GAAP profit of $0.22 per share was 5.7% above analysts’ consensus estimates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Calavo (NASDAQCVGW) and the best and worst performers in the perishable food industry.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Fresh Del Monte Produce (NYSEFDP) and the rest of the perishable food stocks fared in Q3.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at perishable food stocks, starting with Flowers Foods (NYSEFLO).
Over the past six months, Flowers Foods’s shares (currently trading at $20.63) have posted a disappointing 7.9% loss, well below the S&P 500’s 6.1% gain. This might have investors contemplating their next move.
Packaged bakery food company Flower Foods (NYSEFLO) met Wall Street’s revenue expectations in Q3 CY2024, but sales were flat year on year at $1.19 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $5.13 billion at the midpoint. Its non-GAAP profit of $0.33 per share was 12.3% above analysts’ consensus estimates.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Freshpet (NASDAQFRPT) and its peers.
