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The stock of Flowers Foods (NYSE:FLO, 30-year Financials) gives every indication of being fairly valued, according to GuruFocus Value calculation.
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The 10-second takeawayFor the quarter ended Dec. 31 (Q4), Flowers Foods met expectations on revenues and missed expectations on earnings per share. Flowers Foods Increases Sales but Misses ...
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On April 11, 2011, media reports indicated Tastykake's leadership agreed to sell the company to Flowers Foods, of Thomasville, Georgia, for $34 million in cash, or about $4 per share. (Tastykake stock closed at $1.61 per share at the end of the previous trading day.) [15] The sale to Flowers Foods was good news to Pennsylvania taxpayers ...
In February 2006, Flowers acquired Derst Baking Co. of Savannah, Georgia, though it continued to operate under its name as part of Flowers Foods Bakeries Group. [9] In 2008, Flowers acquired both ButterKrust Bakery in Lakeland, Florida, and Holsum Bakery in Phoenix. [5] [10] The following year, the company purchased Leo's Foods, which makes ...
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