Is (FLO) Outperforming Other Consumer Staples Stocks This Year?

Flowers Foods (FLO) possesses solid growth attributes, which could help it handily outperform the market.

Flowers Foods (FLO) Q1 results are likely to reflect the benefits from Project Centennial, buyouts and efficient pricing strategy.

Chubb, Clorox, Flower Foods, Medtronic and Northrop Grumman have all recently raised their dividends Continue reading...

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 Tucker, Georgia to safeguard the wellness of its 255 team members. The bakery, which produces primarily frozen, non-retail specialty and foodservice bread and bun items, is expected to resume production on or around April 27, 2020.

Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Tastykake, and other bakery foods, today announced that its board of directors has declared a quarterly dividend of $0.20 per share, an increase of 5.3% over the same quarter last year. This is the 71st consecutive quarterly dividend paid by the company and is payable on June 19, 2020 to shareholders of record on June 5, 2020. This action increases the annualized dividend rate to $0.80 per share from $0.76 per share at this time last year.

Flowers Foods (NYSE:FLO) reported Q1 results after the close.Quarterly Results Earnings per share were up 28.12% year over year to $0.41, which beat the estimate of $0.33.Revenue of $1,349,000,000 higher by 6.72% year over year, which beat the estimate of $1,320,000,000.Looking Ahead Flowers Foods hasn't issued any earnings guidance for the time being.How To Listen To The Conference Call Date: May 14, 2020Time: 07:59 PM ETView more earnings on FLOWebcast URL: https://edge.media-server.com/mmc/p/3pyw7zuqPrice Action 52-week high: $25.0852-week low was at $17.42Price action over last quarter: Up 3.57%Company Description 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 operating segments are divided into direct store delivery, which provides fresh breads, tortillas, cakes, and rolls; and the warehouse segment, which distributes fresh snack cakes and frozen breads and rolls. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, and Tastykake.See more from Benzinga * Conifer Holdings: Q1 Earnings Insights * Jack In The Box: Q2 Earnings Insights * P/E Ratio Insights for Twitter(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Flowers Foods, Inc. New York, April 13, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Flowers Foods, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

Flowers Foods' (FLO) first-quarter sales gain from improved branded retail revenues owing to the coronavirus outbreak.

U.S. online grocery sales stand to surge around 40% in 2020. This indicates that consumers are willing to spend on products that will help them tide over the COVID-19 crisis.

Flowers Foods (FLO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Flowers Foods (FLO) delivered earnings and revenue surprises of 20.59% and 1.56%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Flowers Foods Announces Conference Call and Webcast First Quarter 2020 Results Update Thomasville, GA, May 06, 2020 -- Flowers Foods (NYSE: FLO) will hold a live webcast on.

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 16-week first quarter ended April 18, 2020.

Flowers Foods (FLO) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Wonder, Tastykake, Dave's Killer Bread, and other bakery foods, today announced that it will hold its Annual Meeting of Shareholders in a virtual meeting format via webcast, in place of a physical gathering. The company made the change due to the public health impact of the novel coronavirus (COVID-19) and to support the well-being of its shareholders, employees, and their families.

Deutsche Bank (DE:DBKGn) analyst Stephen Powers maintained a Hold rating on Flowers Foods (NYSE:FLO) on Friday, setting a price target of $24, which is approximately 6.15% above the present share price of $22.61.

Q1 2020 Flowers Foods Inc Earnings Call

In addition to the matters we'll discuss during the call, important factors relating to Flowers Foods' business are fully detailed in our SEC filings. Participating on the call this morning are Ryals McMullian, Flowers Foods' Chief Executive Officer; and Steve Kinsey, Chief Financial Officer.

Flowers Foods (FLO) temporarily stops production at its bakery in Tucker, GA. The facility is expected to restart production around Apr 27.