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 (NYSE:FLO) 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 (NASDAQ:FRPT) and its peers.
Thomasville, GA, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Flowers Foods, Inc. (NYSE: FLO) will report its third quarter 2024 financial results on Friday, November 8, 2024, at 7:00 a.m. Eastern. The company will host a live question and answer webcast at 8:30 a.m. Eastern the same day. A link to the webcast, press release, pre-recorded remarks by management with accompanying transcript, and supporting slide presentation will be posted at investors.flowersfoods.com. A replay will be available at the same link following the event.
Given Kimberly-Clark's impressive recent stock market performance and strategic advancements, the company appears well-positioned for sustained growth. But what is the next move for KMB investors?
Wall Street appears on track to build on gain as expectations concerning a continued moderation in inflation and soft-landing gain ground. The major index futures point to a modestly higher open on Friday as the S&P 500 and the Nasdaq Composite indices look to extend their six-day winning run.
