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Last $22.31 USD
Change Today -0.20 / -0.89%
Volume 601.6K
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

flowers foods inc (FLO) Key Developments

Flowers Foods Mulls Acquisitions

Flowers Foods, Inc. (NYSE:FLO) may look at acquisition opportunities. Allen L. Shiver, President and Chief Executive Officer of the company said: “Flowers Foods has an operating strategy that works. By focusing on the fundamentals of our business-fresh products, excellent customer service, efficient bakeries, attention to consumer trends, and making strategic acquisitions-we believe the company is well-positioned for continued growth over the long-term.”

Flowers Baking Co. to Begin Production at Bakery in Lenexa

Flowers Baking Co. has announced that it will begin production at a bakery in Lenexa this summer. The bakery was acquired by Flowers Foods in July 2013 and has been undergoing an extensive modernization project at an estimated cost of more than $10 million.

Flowers Foods Expands Operations at Ensley Facility

Flowers Foods has renewed its lease at its Ensley distribution warehouse and has expanded its Birmingham footprint. The company recently renegotiated its lease which was 27,400 square feet at the 2700 Republic Blvd. flex space building in Ensley. The lease now encompasses 39,200 square feet for the distribution center, which covers the state of Alabama.

Flowers Foods, Inc. Announces Retirement of Gene D. Lord as Executive Vice President, Effective April 24, 2015

Flowers Foods, Inc. announced that Gene D. Lord, executive vice president, will be retiring on April 24, 2015, after almost 50 years of service.

Flowers Foods, Inc. Declares Quarterly Dividend, Payable on March 20, 2015

The board of directors of Flowers Foods, Inc. announced a quarterly dividend of $0.1325 per share. This action renews the annual dividend rate of $0.53. The dividend is payable on March 20, 2015, to shareholders of record on March 6, 2015.


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FLO:US $22.31 USD -0.20

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Industry Average

Valuation FLO Industry Range
Price/Earnings 27.3x
Price/Sales 1.3x
Price/Book 4.2x
Price/Cash Flow 15.5x
TEV/Sales 1.0x

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