OverviewSuggest Edit

Flowers Foods is a producer and marketer of packaged bakery foods in the United States. The Company operates 46 bakeries that produce breads, buns, rolls, snack cakes, pastries, and tortillas. Flowers Foods has two operating segments. The Direct Store Delivery (DSD) Segment handles fresh breads, buns, rolls, and snack cakes that are sold regionally through a network of independent distributors. Flowers’ Warehouse Segment is responsible for the national distribution of frozen snack cakes and breads and rolls that are sold direct to customers' warehouses. Flowers' Mrs. Freshley's brand of snack cakes is available nationally to retail and vending customers through this segment, as is the European Bakers' brand of frozen specialty breads and rolls, which is available nationally to retail in-store bakeries and foodservice customers.

TypePublic
Founded1919
HQThomasville, GA, US
Websiteflowersfoods.com
Employee Ratings3.4
Overall CultureF

Latest Updates

Employees (est.) (Dec 2019)9,700(+6%)
Revenue (FY, 2019)$4.1 B(+5%)
Share Price (Jan 2021)$22 (-1%)
Cybersecurity ratingBMore

Key People/Management at Flowers Foods

Allen L. Shiver

Allen L. Shiver

President and Chief Executive Officer
Bradley K. Alexander

Bradley K. Alexander

Chief Operating Officer, President
R. Steve Kinsey

R. Steve Kinsey

Chief Financial Officer and Chief Administrative Officer
Stephanie B. Tillman

Stephanie B. Tillman

Chief Legal Counsel
Mark Chaffin

Mark Chaffin

Chief Information Officer
Stephen R. Avera

Stephen R. Avera

Chief Legal Counsel
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Flowers Foods Office Locations

Flowers Foods has an office in Thomasville
Thomasville, GA, US (HQ)
1919 Flowers Cir
Show all (1)

Flowers Foods Financials and Metrics

Flowers Foods Revenue

Flowers Foods's revenue was reported to be $4.12 b in FY, 2019
USD

Revenue (FY, 2019)

4.1b

Net income (FY, 2019)

164.5m

EBIT (FY, 2019)

225.4m

Market capitalization (19-Jan-2021)

4.7b

Closing stock price (19-Jan-2021)

22.0

Cash (28-Dec-2019)

11.0m

EV

5.9b
Flowers Foods's current market capitalization is $4.7 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.8b3.0b3.7b3.7b3.8b3.9b3.9b4.0b4.1b

Revenue growth, %

0%1%4%

Cost of goods sold

1.5b1.6b2.0b2.0b2.0b2.0b2.1b

Gross profit

1.3b1.4b1.8b1.8b1.9b1.9b1.9b
Quarterly
USDQ3, 2011Q3, 2012Q3, 2013Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2018Q2, 2018Q3, 2017Q3, 2018Q3, 2019

Revenue

675.4m717.3m878.5m849.4m1.2b877.4m1.1b888.8m885.3m1.2b935.0m918.8m1.2b926.6m932.8m923.4m966.6m

Cost of goods sold

365.7m382.5m467.8m476.8m476.2m485.7m

Gross profit

309.7m334.8m410.7m442.0m456.7m437.8m

Gross profit Margin, %

46%47%47%48%49%47%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

7.8m13.3m8.5m7.5m14.4m6.4m5.1m25.3m11.0m

Accounts Receivable

185.6m256.2m254.0m280.1m287.5m285.6m

Prepaid Expenses

13.0m14.5m44.3m49.6m43.2m62.8m

Inventories

74.1m91.0m100.9m110.9m111.0m122.6m127.1m
Quarterly
USDQ3, 2011Q3, 2012Q3, 2013Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2018Q2, 2018Q3, 2017Q3, 2018Q3, 2019

Cash

8.2m14.1m10.7m8.1m8.8m8.5m8.0m46.5m8.8m11.5m11.6m7.5m6.5m7.2m7.1m49.7m7.0m

Accounts Receivable

193.4m221.6m266.8m284.1m294.4m298.2m299.4m

Prepaid Expenses

50.4m23.2m29.2m29.5m51.1m38.5m62.3m

Inventories

83.3m88.1m103.4m97.9m96.8m98.1m98.8m99.0m109.9m115.6m112.4m113.6m104.4m107.2m110.6m119.1m130.4m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

123.4m136.1m230.9m175.7m189.2m163.8m150.1m157.2m164.5m

Depreciation and Amortization

94.6m102.7m118.5m129.0m132.2m140.9m146.7m144.1m144.2m

Inventories

(6.5m)(13.4m)(10.7m)(1.5m)(7.8m)(8.4m)(4.8m)

Accounts Payable

(5.2m)28.5m(702.0k)(10.0m)14.6m(519.0k)10.8m60.9m(14.2m)
Quarterly
USDQ3, 2011Q3, 2012Q3, 2013Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2018Q3, 2017Q3, 2018Q3, 2019

Net Income

100.4m97.6m192.4m44.6m61.1m42.1m61.4m51.8m43.8m59.4m51.2m150.7m60.4m71.6m136.3m162.3m

Depreciation and Amortization

71.7m76.8m89.8m29.5m39.3m29.9m39.8m30.5m29.4m43.5m32.6m108.6m47.2m114.3m111.9m111.3m

Inventories

(15.8m)(10.3m)(13.3m)(3.9m)(7.2m)(8.8m)(7.8m)

Accounts Payable

3.6m10.8m5.0m147.7m149.4m172.1m171.6m183.9m182.7m179.3m9.1m184.5m13.8m60.8m4.8m
USDQ3, 2012

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2 x
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Flowers Foods Operating Metrics

Flowers Foods's Stores was reported to be 292 in FY, 2016.
FY, 2015FY, 2016

Manufacturing Facilities

46 49

Stores

277 292
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Flowers Foods Revenue Breakdown

Embed Graph

Flowers Foods revenue breakdown by business segment: 81.0% from DSD Segment and 19.0% from Warehouse Segment

Flowers Foods Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Flowers Foods Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Flowers Foods Online and Social Media Presence

Embed Graph

Flowers Foods Company Culture

  • Overall Culture

    F

    48/100

  • CEO Rating

    F

    52/100

  • Compensation

    C+

    66/100

Learn more on Comparably

Flowers Foods News and Updates

Flowers Foods Becomes Oversold

shares of FLO entered into oversold territory, changing hands as low as $21.95 per share.

Flowers Foods, Inc. Reports Third Quarter 2020 Results

THOMASVILLE, Ga., Nov. 5, 2020 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Tastykake, and other bakery foods, today reported financial results for the company's 12-week third quarter ended October 3, 2020. Third Quarter Summary:...

Flowers Foods Provides Update On Strategic Priorities And Long-Term Outlook

THOMASVILLE, Ga., Aug. 7, 2020 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Tastykake, and other bakery foods, today announced an update to its strategic priorities and a revision to its long-term growth targets, both of which...

Flowers Foods provides upbeat profit and sales growth outlook, has cut 250 jobs in reorganization

Shares of Wonder bread and Nature's Own brands parent Flowers Foods Inc. rose 1.9% in premarket trading Monday, after the company provided an upbeat outlook for its second-quarter, and announced the consolidation of its fresh packaged bread business. The company said it expects adjusted earnings pe…

Flowers Foods Announces Temporary Closing Of Savannah, Georgia Bakery Due To COVID-19 Pandemic

THOMASVILLE, Ga., July 9, 2020 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Wonder, Tastykake, Dave's Killer Bread, and other bakery foods, today announced that it has temporarily stopped production at its bakery in Savannah, Georgia due to an increase in...

Flowers Foods Announces Temporary Closing Of Savannah, Georgia Bakery Due To COVID-19 Pandemic

THOMASVILLE, Ga., July 9, 2020 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Wonder, Tastykake, Dave's Killer Bread, and other bakery foods, today announced that it has temporarily stopped production at its bakery in Savannah, Georgia due to an increase in...
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Flowers Foods Frequently Asked Questions

  • When was Flowers Foods founded?

    Flowers Foods was founded in 1919.

  • Who are Flowers Foods key executives?

    Flowers Foods's key executives are Allen L. Shiver, Bradley K. Alexander and R. Steve Kinsey.

  • How many employees does Flowers Foods have?

    Flowers Foods has 9,700 employees.

  • What is Flowers Foods revenue?

    Latest Flowers Foods annual revenue is $4.1 b.

  • What is Flowers Foods revenue per employee?

    Latest Flowers Foods revenue per employee is $425.2 k.

  • Who are Flowers Foods competitors?

    Competitors of Flowers Foods include SpartanNash, Farmer Brothers and Choice Market.

  • Where is Flowers Foods headquarters?

    Flowers Foods headquarters is located at 1919 Flowers Cir, Thomasville.

  • Where are Flowers Foods offices?

    Flowers Foods has an office in Thomasville.

  • How many offices does Flowers Foods have?

    Flowers Foods has 1 office.