17-May-2024
Flower Foods' Q1 profit miss weighs on shares
Seeking Alpha News (Fri, 17-May 11:35 AM ET)
D.A. Davidson Keeps Their Hold Rating on Flowers Foods (FLO)
TipRanks (Fri, 17-May 8:26 AM ET)
TipRanks (Fri, 17-May 7:41 AM ET)
Flowers Foods Non-GAAP EPS of $0.38 misses by $0.03, revenue of $1.58B in-line
Seeking Alpha News (Thu, 16-May 4:16 PM ET)
FLOWERS FOODS, INC. REPORTS FIRST QUARTER 2024 RESULTS
PRNewswire (Thu, 16-May 4:10 PM ET)
Flowers Foods Q1 2024 Earnings Preview
Seeking Alpha News (Wed, 15-May 5:35 PM ET)
Notable earnings after Thursday's close
Seeking Alpha News (Wed, 15-May 5:35 PM ET)
Flowers Foods to Report First Quarter 2024 Results
Globe Newswire (Tue, 30-Apr 11:00 AM ET)
TASTYKAKE UNVEILS LIMITED-EDITION PRODUCTS AND PACKAGING INSPIRED BY THE GARFIELD MOVIE
PRNewswire (Tue, 30-Apr 9:00 AM ET)
NATURE'S OWN DEBUTS FOUR NEW PRODUCTS TO INSPIRE CULINARY CREATIVITY
PRNewswire (Tue, 23-Apr 11:21 AM ET)
Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake.
Flowers Foods trades on the NYSE stock market under the symbol FLO.
As of May 17, 2024, FLO stock price declined to $24.45 with 2,765,182 million shares trading.
FLO has a beta of -0.16, meaning it tends to be less sensitive to market movements. FLO has a correlation of 0.01 to the broad based SPY ETF.
FLO has a market cap of $5.15 billion. This is considered a Mid Cap stock.
Last quarter Flowers Foods reported $2 billion in Revenue and $.38 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.03.
In the last 3 years, FLO stock traded as high as $30.16 and as low as $19.64.
The top ETF exchange traded funds that FLO belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
FLO has underperformed the market in the last year with a price return of -11.4% while the SPY ETF gained +29.1%. However, in the short term, FLO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +10.1% vs +6.3% return in SPY. But in the last 2 weeks, FLO shares have been beat by the market, returning -1.8% compared to an SPY return of +3.6%.
FLO support price is $25.18 and resistance is $25.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLO stock will trade within this expected range on the day.