Flowers Foods, Inc.
Description
Flowers Foods, Inc. produces and markets packaged bakery food products in the United States. Its principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates bakeries. Its customers include national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries; wholesale distributors; mass merchandisers, supermarkets, vending outlets, and convenience stores; quick-serve chains, food wholesalers, institutions, dollar stores, and vending companies; and public health care, military commissaries, and prisons, and other governmental institutions. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.
About
CEO
Mr. A. Ryals McMullian Jr.
Employees
9,300
Instrument type
Common Stock
Sector
Consumer Defensive
Industry
Packaged Foods
MIC code
XNYS
Address
1919 Flowers Circle, Thomasville, GA 31757, United States
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Oscillators
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 6, 2025 | — | — | — | — |
| Aug 14, 2025 | — | — | — | — |
| May 15, 2025 | — | — | — | — |
| Feb 7, 2025 | 0.22 | — | — | — |
| Nov 8, 2024 | 0.29 | 0.33 | 0.04 | 13.79% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 6 | — | 8 |
| Average estimate | — | 0.39 | — | 1.30 |
| Low estimate | — | 0.37 | — | 1.25 |
| High estimate | — | 0.41 | — | 1.37 |
| Last year EPS | — | 0.38 | — | 1.27 |
[stock_revenue_estimate]
Growth estimates
Current qtr
4.090%
Next qtr. (Mar 2025)
3.450%
Current year
5.610%
Next year (Dec 2025)
2.450%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 5.09B | 4.81B | 4.33B | 4.39B | 4.12B |
| Cost of revenue | 2.63B | 2.50B | 2.18B | 2.20B | 2.16B |
| Gross profit | 2.46B | 2.30B | 2.16B | 2.19B | 1.97B |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 2.12B | 1.85B | 1.72B | 1.69B | 1.58B |
| Other operating expenses | — | — | — | — | — |
| Operating income | 187.27M | 311.28M | 299.16M | 357.08M | 248.92M |
| Non operating interest income | |||||
| Income | 20.58M | 23.64M | 23.53M | 26.70M | 27.75M |
| Expense | 36.61M | 28.92M | 31.53M | 38.79M | 38.85M |
| Other income expense | -14.13M | -7.29M | -20.39M | -144.27M | -25.74M |
| Pretax income | 157.11M | 298.71M | 270.77M | 200.71M | 212.08M |
| Tax provision | 33.69M | 70.32M | 64.59M | 48.39M | 47.55M |
| Net income | 123.42M | 228.39M | 206.19M | 152.32M | 164.54M |
| Basic EPS | 0.58 | 1.08 | 0.98 | 0.72 | 0.78 |
| Diluted EPS | 0.58 | 1.07 | 0.97 | 0.72 | 0.78 |
| Basic average shares | 211.63M | 211.13M | 211.39M | 211.60M | 211.51M |
| Diluted average shares | 211.63M | 211.13M | 211.39M | 211.60M | 211.51M |
| EBITDA | 359.82M | 477.41M | 458.72M | 525.13M | 418.68M |
| Net income from continuing op. | 123.42M | 228.39M | 206.19M | 152.32M | 164.54M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 3.43B | 3.31B | 3.25B | 3.32B | 3.18B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 22.53M | 165.13M | 185.87M | 307.48M | 11.04M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 328.25M | 349.48M | 305.20M | 300.00M | 285.61M |
| Other receivables | — | — | 19.88M | 7.91M | — |
| Inventory | 270.88M | 242.31M | 203.46M | 193.34M | 194.52M |
| Prepaid assets | 15.05M | 14.22M | 12.58M | 8.14M | 15.38M |
| Restricted cash | 6.33M | 7.21M | 2.04M | 1.23M | 7.01M |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | 55,000 | 782,000 | 3.96M | 16.68M | 3.19M |
| Other current assets | 27.26M | 25.81M | 20.02M | 9.13M | 23.25M |
| Non current assets | |||||
| Properties | 276.86M | 275.21M | 292.49M | 334.13M | 399.30M |
| Land and improvements | 128.41M | 111.79M | 112.73M | 93.04M | 94.65M |
| Machinery furniture equipment | 1.70B | 1.49B | 1.44B | 1.40B | 1.38B |
| Construction in progress | 58.59M | 137.63M | 87.37M | 59.14M | 42.82M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -1.54B | -1.45B | -1.39B | -1.33B | -1.28B |
| Goodwill | 2.01B | 1.75B | 1.79B | 1.81B | 1.84B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | 731,000 | 589,000 |
| Intangible assets | 657.74M | 664.38M | 695.43M | 714.92M | 750.21M |
| Investments and advances | 7.92M | 11.51M | 3.15M | 3.24M | 3.50M |
| Other non current assets | 23.08M | 18.16M | 14.36M | 8.66M | 6.56M |
| Total liabilities | 2.08B | 1.87B | 1.84B | 1.95B | 1.91B |
| Current liabilities | |||||
| Accounts payable | 318.60M | 343.38M | 268.50M | 225.92M | 233.01M |
| Accrued expenses | 147.22M | 36.06M | 51.48M | 48.53M | 78.68M |
| Short term debt | 65.79M | 63.73M | 65.14M | 68.81M | 78.48M |
| Deferred revenue | 3.22M | 3.89M | 20.39M | 4.76M | 5.34M |
| Tax payable | 7.98M | 11.97M | 7.56M | 22.77M | 6.87M |
| Pensions | 76.43M | 73.64M | 76.80M | 103.94M | 94.66M |
| Other current liabilities | 1.92M | 1.15M | 220,000 | 5,000 | 814,000 |
| Non current liabilities | |||||
| Long term debt | 1.29B | 1.13B | 1.14B | 1.25B | 1.21B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 91.25M | 134.83M | 133.76M | 143.25M | 121.40M |
| Derivative product liabilities | — | — | — | 83,000 | 792,000 |
| Other non current liabilities | 323,000 | 406,000 | 1.38M | 1.26M | 1.38M |
| Shareholders equity | |||||
| Common stock | 199,000 | 199,000 | 199,000 | 199,000 | 199,000 |
| Retained earnings | 932.47M | 1.00B | 962.38M | 932.09M | 947.05M |
| Other shareholders equity | 621,000 | 1.47M | 2.59M | 6.42M | -106.02M |
| Total shareholders equity | 1.35B | 1.44B | 1.41B | 1.37B | 1.26B |
| Additional paid in capital | 699.81M | 689.96M | 678.41M | 659.68M | 648.49M |
| Treasury stock | 281.32M | 252.61M | 232.30M | 225.41M | 226.29M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | 123.42M | 228.39M | 206.19M | 152.32M | 164.54M | 157.16M | 150.12M | 163.78M | 189.19M | 175.74M | 230.89M | 136.12M | 123.43M | 137.05M | 133.71M | 119.23M | 94.62M | 81.04M | 61.23M | 50.77M | 14.66M | -16.96M | -14.29M | 5.05M | 42.04M | 46.24M |
| Depreciation | 151.71M | 141.96M | 136.56M | 141.38M | 144.23M | 144.12M | 146.72M | 140.87M | 132.18M | 128.96M | 118.49M | 102.69M | 94.64M | 85.12M | 80.93M | 73.31M | 66.09M | 64.25M | 59.34M | 56.70M | 53.94M | 56.77M | 57.12M | 67.10M | — | — |
| Deferred Taxes | -43.34M | 1.45M | 6.78M | -31.15M | 18.61M | 21.66M | -61.31M | -14.46M | 18.29M | 9.24M | 6.49M | 11.45M | -1.70M | 3.89M | 3.31M | 2.81M | -6.08M | -11.64M | 12.41M | 29.81M | 10.33M | 2.89M | -7.50M | -19.33M | — | — |
| Stock-Based Compensation | 26.95M | 25.82M | 21.34M | 12.86M | 7.43M | 8.15M | 16.09M | 18.76M | 15.69M | 18.66M | 15.94M | 10.12M | 13.64M | 13.68M | 11.86M | 10.59M | 15.15M | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 3.51M | -11.83M | 358,000 | 17.78M | 16.43M | -38.65M | 63.87M | 4.20M | 4.26M | -14.00M | 6.54M | -2.05M | -50.43M | 7.28M | 2.16M | 2.36M | 3.54M | 5.64M | 625,000 | — | — | — | 12.59M | — | — | — |
| Accounts Receivable | 5.01M | -55.42M | -10.60M | -25.02M | -7.81M | -8.28M | -11.76M | -7.89M | -16.87M | 7.18M | 1.11M | -64.18M | -283,000 | 11.48M | -476,000 | -22.34M | -5.04M | -7.31M | -1.71M | -18.33M | 1.57M | -3.10M | 13.04M | 1.91M | — | — |
| Accounts Payable | -26.59M | 82.13M | 38.08M | -5.77M | -14.16M | 60.86M | 10.84M | -519,000 | 14.56M | -9.95M | -702,000 | 28.53M | -5.19M | 7.88M | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 87.70M | -76.70M | -61.48M | 67.31M | 23.07M | -66.19M | -5.87M | 8.63M | -27.20M | -4.34M | -72.18M | -13.79M | -33.08M | 29.36M | 21.10M | -56.30M | 23.77M | 5.74M | -48.03M | -50.85M | -42.22M | 4.10M | 3.26M | 30.23M | — | — |
| Operating Cash Flow | 328.36M | 335.80M | 337.22M | 329.70M | 352.35M | 278.84M | 308.71M | 313.37M | 330.11M | 311.50M | 306.58M | 208.89M | 141.02M | 295.73M | 252.59M | 129.68M | 192.06M | 137.71M | 83.87M | 68.11M | 38.28M | 43.71M | 64.22M | 84.96M | 42.04M | 46.24M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -126.77M | -161.39M | -197.66M | -92.56M | -101.04M | -97.51M | -30.07M | -84.06M | -76.45M | -47.48M | -96.22M | -65.96M | -67.06M | -97.33M | -65.17M | -86.86M | -88.13M | -61.79M | -58.85M | -46.03M | 189.59M | -47.07M | -49.51M | -21.94M | — | — |
| Net Intangibles | — | — | -10.20M | — | — | — | — | — | -5.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -276.74M | -9.00M | — | — | — | -200.17M | — | — | -390.22M | 7.50M | -415.81M | -318.48M | -169.49M | -8.80M | -24.57M | -170.08M | -1.52M | -887,000 | -9.87M | -8.60M | -14.53M | -1.02M | -6.51M | -22.07M | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | -19.65M | -12.44M | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | 12.63M | 12.51M | 12.13M | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -403.81M | -151.09M | -181.24M | -73.99M | -97.09M | -301.81M | -35.40M | -76.71M | -464.82M | -34.53M | -502.89M | -385.44M | -225.31M | -111.43M | -89.61M | -260.80M | -102.87M | -71.72M | -70.45M | -53.81M | 173.12M | -46.86M | -132.61M | -24.61M | — | — |
| Financing Activities | ||||||||||||||||||||||||||
| Long-Term Debt Issuance | 898.00M | 330.00M | 497.57M | 484.90M | 609.25M | 200.90M | 611.90M | 2.09B | 1.06B | 1.18B | 2.17B | 1.48B | 1.07B | 418.50M | — | 645.25M | 146.50M | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -744.82M | -331.60M | -581.17M | -399.12M | -729.44M | -27.65M | -735.90M | -2.15B | -817.60M | -1.34B | -1.86B | -1.22B | -875.08M | -529.81M | -896.37M | -392.61M | -207.81M | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -533,000 | -282,000 | -6.02M | -4.91M | -110,000 | -100,000 | -729,000 | -4.38M | -646,000 | 7.11M | 5.27M | -2.12M | 885,000 | 977,000 | 717,000 | 1.19M | 8.97M | 5.01M | — | -378,000 | -3.49M | -3.77M | 63.12M | — | — | — |
| Financing Cash Flow | -88.15M | -222.17M | -274.78M | -84.04M | -284.12M | 25.30M | -282.59M | -315.45M | 121.38M | -302.68M | 213.97M | 160.17M | 91.74M | -221.83M | -157.77M | 163.23M | -109.87M | -81.24M | -141.60M | -55.26M | -39.05M | -5.06M | 63.46M | -47.85M | — | — |
| Other Cash Details | ||||||||||||||||||||||||||
| End Cash Position | 22.53M | 165.13M | 185.87M | 307.48M | 11.04M | 25.31M | 5.13M | 6.41M | 14.38M | 7.52M | 8.53M | 13.28M | 7.78M | 6.76M | 18.95M | 19.96M | 19.98M | 13.91M | 11.00M | 47.46M | 42.42M | 69.83M | 12.28M | 11.85M | — | — |
| Income Tax Paid | 99.12M | 53.04M | 69.40M | 68.76M | 39.12M | 13.70M | 72.00M | 84.11M | 80.06M | 78.59M | 83.53M | 56.38M | 70.12M | 72.55M | 75.31M | 65.26M | 46.97M | — | — | — | — | — | — | — | — | — |
| Interest Paid | 34.60M | 27.59M | 52.62M | 35.92M | 36.43M | 32.75M | 34.20M | 26.90M | 24.11M | 26.07M | 26.00M | 16.11M | 9.59M | 7.47M | 11.28M | 6.03M | 2.79M | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 220.28M | 191.82M | 133.76M | 356.54M | 263.27M | 196.47M | 222.16M | 254.84M | 239.90M | 231.41M | 171.30M | 149.62M | 55.13M | 207.65M | 163.92M | 8.01M | 126.47M | 89.48M | 55.13M | 77.04M | 44.37M | 77.72M | 21.23M | 30.12M | — | — |
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