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    Flowers Foods upgraded by Deutsche Bank with a new price target

    3/3/23 7:31:42 AM ET
    $FLO
    Packaged Foods
    Consumer Staples
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    Deutsche Bank upgraded Flowers Foods from Sell to Hold and set a new price target of $27.00
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    Recent Analyst Ratings for
    $FLO

    DatePrice TargetRatingAnalyst
    7/10/2024$20.00Underperform
    Exane BNP Paribas
    3/1/2024$24.00Neutral
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    3/3/2023$27.00Sell → Hold
    Deutsche Bank
    12/6/2022$28.00 → $27.00Hold → Sell
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    • FLOWERS FOODS INCREASES QUARTERLY DIVIDEND

      THOMASVILLE, Ga., May 22, 2025 /PRNewswire/ -- Flowers Foods, Inc. (NYSE:FLO) today announced that its board of directors has declared a quarterly dividend of $0.2475 per share, an increase of 3.1% over the same quarter last year. This is the 91st consecutive quarterly dividend paid by the company and is payable on June 19, 2025, to shareholders of record on June 5, 2025. This action increases the annualized dividend rate to $0.99 per share from $0.96 per share at this time last year. "Flowers has an admirable track record of dividend increases driven by the company's solid ca

      5/22/25 9:00:00 AM ET
      $FLO
      Packaged Foods
      Consumer Staples
    • WONDER® STRENGTHENS PARTNERSHIP WITH THE USO, LAUNCHES NEW PRODUCTS & INITIATIVES TO SUPPORT MILITARY FAMILIES

      THOMASVILLE, Ga., May 21, 2025 /PRNewswire/ -- Wonder® is proud to strengthen its partnership with the USO by extending its annual Deploy the Joy campaign through 2026, reaffirming its commitment to honoring and supporting military service members and their families. Since 2018, Wonder has partnered with the USO to help provide a variety of programs that keep service members and their families connected throughout the military journey. By year-end 2026, Wonder will have donated $3,350,000 to the USO since 2018.* "Through this partnership, Wonder Bread helps spread joy with the

      5/21/25 9:00:00 AM ET
      $FLO
      Packaged Foods
      Consumer Staples
    • FLOWERS FOODS, INC. REPORTS FIRST QUARTER 2025 RESULTS

      THOMASVILLE, Ga., May 16, 2025 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today reported financial results for the company's 16-week first quarter ended April 19, 2025. First Quarter Summary: Compared to the prior year first quarter where applicable Net sales(1) decreased 1.4% to $1.554 billion as the Simple Mills acquisition benefit was more than offset by pricing/mix and volume declines.Net income decreased 27.4% to $53.0 million, representing 3.4% of sales, a 120-basis point decrease, primarily due to reduced sales, higher SD&A expense, and higher interest expense, par

      5/16/25 7:00:00 AM ET
      $FLO
      Packaged Foods
      Consumer Staples