Flowers Foods

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 CultureD

Latest Updates

Employees (est.) (Dec 2019)9,700(+6%)
Job Openings136
Revenue (FY, 2019)$4.1 B(+5%)
Share Price (Jun 2022)$26.1
Cybersecurity ratingCMore
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Key People/Management at Flowers Foods

A. Ryals McMullian

A. Ryals McMullian

President and Chief Executive Officer, Director
Stephanie B. Tillman

Stephanie B. Tillman

Chief Legal Counsel
Heeth Varnedoe

Heeth Varnedoe

Chief Transformation Officer
Mark Chaffin

Mark Chaffin

Chief Information Officer
D. Keith Wheeler

D. Keith Wheeler

Chief Sales Officer
Debo Mukherjee

Debo Mukherjee

Chief Marketing Officer
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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 (28-Jun-2022)

5.5b

Closing stock price (28-Jun-2022)

26.1

Cash (28-Dec-2019)

11.0m

EV

6.7b
Flowers Foods's current market capitalization is $5.5 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
Show all financial metrics

Flowers Foods Operating Metrics

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

Manufacturing Facilities

4649

Stores

277292

Flowers Foods Revenue Breakdown

Embed Graph

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

Flowers Foods Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

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

    D

    57/100

  • CEO Rating

    C-

    64/100

  • Compensation

    C+

    64/100

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Flowers Foods News and Updates

Flowers Foods Announces Third Quarter 2021 Results Conference Call and Webcast

Thomasville, Oct. 28, 2021 (GLOBE NEWSWIRE) --    Flowers Foods Announces Third Quarter 2021 Results

Flowers Foods Announces Second Quarter 2021 Results Conference Call and Webcast

FLO Second Quarter 2021 Results Conference Call and Webcast FLO Second Quarter 2021 Results Conference Call and Webcast

Flowers Foods Announces First Quarter 2021 Results Conference Call and Webcast

Thomasville, May 06, 2021 (GLOBE NEWSWIRE) --   Flowers Foods Announces First Quarter 2021 Results

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...
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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 A. Ryals McMullian, Stephanie B. Tillman and Heeth Varnedoe.

  • 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 Dole, SpartanNash and Farmer Brothers.

  • 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.