Flowers Foods (FLO) Q1 Earnings Missed Estimates, Sales Up Y/Y
FLOFlowers Foods(FLO) zacks.com·2024-05-17 23:26

Flowers Foods, Inc. (FLO) reported mixed first-quarter fiscal 2024 results, with the bottom line missing the Zacks Consensus Estimate and staying in line year over year. The top line missed the consensus mark but increased from the year-ago quarter’s reported level. Results gained from effective implementation of portfolio strategy and investments in marketing and innovation. Despite challenging market conditions, the company’s brands flourished, gaining market share and achieving growth in branded retail v ...