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Flowers Foods, Inc.NYSE:FLO Stock Report

Market Cap US$1.8b
Share Price
US$8.44
US$10.67
20.9% undervalued intrinsic discount
1Y-51.3%
7D-5.4%
Portfolio Value
View

Flowers Foods, Inc.

NYSE:FLO Stock Report

Market Cap: US$1.8b

FLO Community Fair Values

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Flowers Foods, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Flowers Foods
Historical stock prices
Current Share PriceUS$8.57
52 Week HighUS$17.68
52 Week LowUS$7.86
Beta0.46
1 Month Change5.54%
3 Month Change-28.34%
1 Year Change-51.28%
3 Year Change-70.22%
5 Year Change-65.25%
Change since IPO19,145.02%

Recent News & Updates

Narrative Update Apr 29

FLO: Impairment Charge And Weaker Sales Outlook Will Pressure Earnings

Analysts have made a modest trim to their price target on Flowers Foods, reflecting slightly lower discount rate assumptions, a small adjustment to expected revenue trends, a minor uptick in projected profit margins, and a marginally reduced future P/E estimate. What's in the News Flowers Foods reported impairment of intangible assets of $135,981,000 for the 13-week period ended January 3, 2026, which directly affects reported earnings for that quarter (Key Developments).
Seeking Alpha Apr 24

Flowers Foods: The Double-Digit Yield Is Hard To Ignore, Despite The Shaky Fundamentals

Summary Flowers Foods reported Q4 results with double-digit sales growth; unfortunately, this was mainly driven by the extra week in the period and the acquisition of Simple Mills. FLO's capital structure is concerning due to the relatively high amount of debt. The company’s dividend history is robust, with cash flows indicating continued dividend safety. Valuation metrics and dividend discount models suggest FLO is undervalued, even if the dividend growth is assumed to be 0% in perpetuity. Read the full article on Seeking Alpha
Narrative Update Apr 14

FLO: Impairment And Softer Outlook Will Pressure Future Earnings Multiple

Analysts have trimmed their fair value estimate for Flowers Foods from $10.00 to $7.00, citing slightly higher discount rate assumptions, softer revenue growth expectations, a modestly higher profit margin, and a lower future P/E multiple in their updated price target work. What's in the News Flowers Foods updated its outlook for the 52-week fiscal 2026, guiding to net sales of approximately US$5.163b to US$5.267b, which it describes as a 1.8% decline to a 0.2% change compared to the prior year (Corporate guidance).

Recent updates

Narrative Update Apr 29

FLO: Impairment Charge And Weaker Sales Outlook Will Pressure Earnings

Analysts have made a modest trim to their price target on Flowers Foods, reflecting slightly lower discount rate assumptions, a small adjustment to expected revenue trends, a minor uptick in projected profit margins, and a marginally reduced future P/E estimate. What's in the News Flowers Foods reported impairment of intangible assets of $135,981,000 for the 13-week period ended January 3, 2026, which directly affects reported earnings for that quarter (Key Developments).
Seeking Alpha Apr 24

Flowers Foods: The Double-Digit Yield Is Hard To Ignore, Despite The Shaky Fundamentals

Summary Flowers Foods reported Q4 results with double-digit sales growth; unfortunately, this was mainly driven by the extra week in the period and the acquisition of Simple Mills. FLO's capital structure is concerning due to the relatively high amount of debt. The company’s dividend history is robust, with cash flows indicating continued dividend safety. Valuation metrics and dividend discount models suggest FLO is undervalued, even if the dividend growth is assumed to be 0% in perpetuity. Read the full article on Seeking Alpha
Narrative Update Apr 14

FLO: Impairment And Softer Outlook Will Pressure Future Earnings Multiple

Analysts have trimmed their fair value estimate for Flowers Foods from $10.00 to $7.00, citing slightly higher discount rate assumptions, softer revenue growth expectations, a modestly higher profit margin, and a lower future P/E multiple in their updated price target work. What's in the News Flowers Foods updated its outlook for the 52-week fiscal 2026, guiding to net sales of approximately US$5.163b to US$5.267b, which it describes as a 1.8% decline to a 0.2% change compared to the prior year (Corporate guidance).
Narrative Update Mar 31

FLO: Updated Guidance And Impairment Reset Will Support Long Term Earnings Stability

Analysts have reduced their price target on Flowers Foods from $13.17 to $10.67, citing updated assumptions for slower revenue growth, slightly lower profit margins, a higher discount rate, and a reduced future P/E multiple. What's in the News Flowers Foods reported impairment of intangible assets of $135,981,000 for the 13-week period ended January 3, 2026, which directly affects reported earnings quality and book value (Key Developments).
Narrative Update Mar 17

FLO: Impairment Charge And Guidance Reset Will Support Future Re Rating

Analysts have lifted their price target on Flowers Foods to $10.00 from $10.00, reflecting updated views on a slightly higher discount rate, softer revenue growth and margin expectations, and a higher assumed future P/E multiple. What's in the News Flowers Foods reported an impairment of intangible assets of $135,981,000 for the 13-week period ended January 3, 2026, which is a non cash charge that affects reported earnings but not cash flow in that quarter (Key Developments).
Narrative Update Mar 03

FLO: Lower Fair Value And Impairment Will Support Bullish Forward Returns

Analysts now see fair value for Flowers Foods at $14.00, down from $17.00. They cite updated assumptions for revenue growth, profit margins, and future P/E that together suggest a more tempered outlook for the shares.
Narrative Update Feb 17

FLO: Intangible Impairment And Sales Outlook Will Support Bullish Long-Term Case

Analysts have maintained their $17.00 price target on Flowers Foods, citing updated assumptions that now include a modestly higher discount rate, flat revenue expectations, lower profit margin forecasts, and a higher future P/E multiple. What's in the News Flowers Foods reported an impairment of intangible assets of $135,981,000 for the 13 week period ended January 3, 2026, which is a non cash charge tied to the value of certain acquired or existing intangible assets (Key Developments).
Narrative Update Feb 03

FLO: Updated Guidance And Acquisition Synergies Will Support Long Term Earnings Stability

Analysts have nudged their price target on Flowers Foods higher to about US$13.17 from roughly US$12.71, citing updated assumptions around fair value, discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Flowers Foods reported that from July 13, 2025 to October 4, 2025 it repurchased 0 shares for US$0 million, and stated that it has completed a total buyback of 73,300,000 shares for US$761.5 million under the program announced on December 19, 2002 (Key Developments).
Narrative Update Jan 20

FLO: Future Earnings Guidance Will Support Bullish Long-Term Opportunity

Analysts have reduced their price target on Flowers Foods from US$20.00 to US$17.00. They attribute the change to updated assumptions that include a higher discount rate, slightly different revenue growth and profit margin expectations, and a lower future P/E multiple.
Narrative Update Jan 05

FLO: Updated Outlook Will Balance New CFO Transition And Acquisition Integration

Analysts have revised their fair value estimate for Flowers Foods from US$12.00 to US$10.00, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Flowers Foods reported that from July 13, 2025 to October 4, 2025, it repurchased 0 shares for US$0 million, while completing a long running buyback totaling 73,300,000 shares, or 32.72%, for US$761.5 million under the program announced on December 19, 2002 (Key Developments).
Narrative Update Dec 14

FLO: Upcoming CFO Transition Will Support Long Term Earnings Stability

Analysts have modestly raised their price target on Flowers Foods, citing a slightly higher assumed discount rate, stable revenue growth and profit margin expectations, and a marginally higher future P/E multiple that together support a valuation of approximately $12.71 per share. What's in the News Completed a long-running share repurchase program, buying back a total of 73.3 million shares for $761.5 million since the buyback was announced in 2002 (company filing) Updated fiscal 2025 guidance, now expecting net sales of approximately $5.254 billion to $5.306 billion, reflecting 2.9% to 4.0% growth, with a partial-year Simple Mills contribution of $221 million to $223 million and EPS of $0.85 to $0.91 (company guidance) Provided guidance that, excluding the Simple Mills acquisition, net sales are projected between $5.033 billion and $5.083 billion, a decline of 1.4% to 0.4% year over year, slightly improved from prior expectations (company guidance) Announced the planned retirement of long-serving CFO Steve Kinsey at the end of 2025, with a formal search underway for his successor and Kinsey expected to remain in an advisory role during the transition (company announcement) Named D.
Narrative Update Nov 28

FLO: Upcoming CFO Transition And Acquisition Will Support Continued Stability

Analysts have slightly raised their price target for Flowers Foods to $12.71, citing ongoing stable revenue growth and consistent profit margins as key factors in their revised outlook. What's in the News Flowers Foods revised its earnings guidance for the 53-week Fiscal 2025, expecting net sales of $5.254 billion to $5.306 billion.
Analysis Article Nov 17

Flowers Foods (NYSE:FLO) Has Affirmed Its Dividend Of $0.2475

Flowers Foods, Inc.'s ( NYSE:FLO ) investors are due to receive a payment of $0.2475 per share on 12th of December...
Narrative Update Nov 14

FLO: Leadership Transition Will Drive Long-Term Performance And Stability

Analysts have revised their price target for Flowers Foods downward from $15.14 to $12.71, citing softer expectations for revenue growth and profit margins, as well as a slightly higher discount rate impacting future valuations. What's in the News Flowers Foods, Inc.
Narrative Update Oct 31

FLO: CFO Transition And Share Buybacks Will Support Future Upside

Analysts have slightly lowered their price target for Flowers Foods by $0.14 to $15.14. They cited minor downward revisions in long-term profit margin estimates, even though revenue growth projections remain steady.
Analysis Article Oct 30

Weekly Picks: 🤝 Alphabet's Anthropic Deal And 2 More Picks

This week’s picks cover:  Why Alphabet’s Anthropic deal could justify a re-rating higher, how Flower Foods' turnaround plans support the >7% dividend yield, and why TMX Group is a reliable high-quality compounder at a fair price.
New Narrative Oct 22

Flowers Foods Pays A Fair Price For Health

Our initial price target for Flower Foods is set at $16.12. As Flower Foods has been crippled with poor earnings and higher margins, a spark in M&A will push the company out of constant stagnation.
Narrative Update Oct 16

Low-Carb Trends And Retail Shifts Will Erode Margins

Analysts have slightly lowered their price target for Flowers Foods from $15.71 to $15.29, citing softer anticipated revenue growth and a modest reduction in projected profit margins. What's in the News Chief Financial Officer Steve Kinsey will retire at the end of 2025 after 36 years with Flowers Foods.
Analysis Article Aug 29

Flowers Foods (NYSE:FLO) Has Announced A Dividend Of $0.2475

Flowers Foods, Inc. ( NYSE:FLO ) will pay a dividend of $0.2475 on the 19th of September. This means the annual payment...
Narrative Update Aug 19

Expanding Dave's Killer Bread And Simple Mills Will Capitalize On Shifting Consumer Preferences

The notable downward revision in Flowers Foods’ price target reflects reduced confidence in both revenue growth and profitability outlook, leading to a new consensus fair value of $16.29. What's in the News Flowers Foods lowered its earnings guidance for Fiscal 2025, with expected net sales now at $5.239 billion to $5.308 billion, below prior estimates.
Analysis Article Jul 08

Are Investors Undervaluing Flowers Foods, Inc. (NYSE:FLO) By 48%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Flowers Foods fair value estimate is US$30.36 Flowers Foods...
Analysis Article Jun 17

Little Excitement Around Flowers Foods, Inc.'s (NYSE:FLO) Earnings

Flowers Foods, Inc.'s ( NYSE:FLO ) price-to-earnings (or "P/E") ratio of 14.8x might make it look like a buy right now...
Analysis Article May 27

We Think Flowers Foods' (NYSE:FLO) Solid Earnings Are Understated

Flowers Foods, Inc.'s ( NYSE:FLO ) recent earnings report didn't offer any surprises, with the shares unchanged over...
Analysis Article May 25

Flowers Foods (NYSE:FLO) Is Paying Out A Larger Dividend Than Last Year

The board of Flowers Foods, Inc. ( NYSE:FLO ) has announced that it will be increasing its dividend by 3.1% on the 19th...
Analysis Article May 16

We Think Shareholders Are Less Likely To Approve A Pay Rise For Flowers Foods, Inc.'s (NYSE:FLO) CEO For Now

Key Insights Flowers Foods' Annual General Meeting to take place on 22nd of May CEO A. McMullian's total compensation...
Seeking Alpha Apr 22

Flowers Foods, Inc: Transition Toward Better-For-You Offerings Amid Core Category Weakness

Summary Flowers Foods faces near-term challenges in white bread and sweet baked goods, but growth in better-for-you brands like Dave’s Killer Bread offers support. Higher Selling, Distribution & Administrative expenses and volume deleverage are expected to pressure margins, justifying a Hold rating until growth clarity improves. The acquisition of Simple Mills and focus on organic, healthy options align with evolving consumer preferences, potentially offsetting core brand volume declines. Ongoing weakness in the company’s mainstream product categories leads me to take a cautious stance, supporting a Hold rating on the stock. Read the full article on Seeking Alpha
Analysis Article Mar 29

Flowers Foods, Inc. (NYSE:FLO) Shares Could Be 42% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Flowers Foods fair value estimate is US$32.81 Current share...
Analysis Article Mar 11

Is Flowers Foods (NYSE:FLO) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 21

Flowers Foods (NYSE:FLO) Is Due To Pay A Dividend Of $0.24

The board of Flowers Foods, Inc. ( NYSE:FLO ) has announced that it will pay a dividend of $0.24 per share on the 14th...
Analysis Article Feb 10

Flowers Foods, Inc. (NYSE:FLO) Just Reported, And Analysts Assigned A US$22.29 Price Target

Shareholders might have noticed that Flowers Foods, Inc. ( NYSE:FLO ) filed its yearly result this time last week. The...
Seeking Alpha Jan 26

Flowers Foods: It Usually Isn't This Cheap

Summary Flowers Foods (FLO) is a mid-cap U.S. bakery company with iconic brands, offering a strong dividend yield and trading at a low valuation. Despite recent selloff and sector bearish sentiment, FLO's consistent performance and high yield make it appealing for income-focused value investors. The company's high debt and recent acquisition of Simple Mills pose risks, but also offer growth potential in health-focused products. Initiating a cautiously optimistic buy but investors should monitor balance sheet trends and Simple Mills integration. Read the full article on Seeking Alpha
Seeking Alpha Jan 13

Flowers Foods: Moving From Bread To Crumbs

Summary Shares of Flowers Foods have declined due to lackluster growth as the company aims to fix this with yet another strategic acquisition aimed at boosting sales and earnings. The company acquired Simple Mills for $795 million, adding leverage and a modest boost to organic growth, but raising concerns about the high price paid. Flowers Foods' valuation has compressed to 16 times earnings, with a leverage ratio above 3 times, leaving limited room for deleveraging amidst a high payout ratio. I remain cautious about FLO stock's appeal, despite the strategic deal, as shares are still down to pre-pandemic levels and investor concerns persist. Read the full article on Seeking Alpha
Seeking Alpha Dec 24

Flowers Foods: Adding More Into Baked Goods

Summary Flowers Foods offers a solid 4.5%+ yield, BBB IG rating, and stable fundamentals, making it a reliable FMCG investment despite modest growth prospects. The company faces challenges from input inflation, labor costs, and competition, but maintains a steady 3-5% growth outlook and solid market share. With a revised price target of $25/share, Flowers Foods is undervalued but not as much as initially expected, still offering a 10% annual upside. Flowers Foods is a conservative, well-managed business with a strong dividend, making it a "Buy" with a risk/reward-adjusted upside for 2026E. Read the full article on Seeking Alpha
Analysis Article Dec 22

Flowers Foods, Inc. (NYSE:FLO) Shares Could Be 36% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Flowers Foods fair value estimate is US$32.06 Flowers Foods...
Analysis Article Dec 08

Subdued Growth No Barrier To Flowers Foods, Inc.'s (NYSE:FLO) Price

There wouldn't be many who think Flowers Foods, Inc.'s ( NYSE:FLO ) price-to-earnings (or "P/E") ratio of 19.2x is...
Analysis Article Nov 18

Flowers Foods' (NYSE:FLO) Dividend Will Be $0.24

Flowers Foods, Inc.'s ( NYSE:FLO ) investors are due to receive a payment of $0.24 per share on 13th of December. This...
Analysis Article Nov 12

Flowers Foods, Inc. Just Beat EPS By 6.2%: Here's What Analysts Think Will Happen Next

Shareholders might have noticed that Flowers Foods, Inc. ( NYSE:FLO ) filed its quarterly result this time last week...

Shareholder Returns

FLOUS FoodUS Market
7D-5.4%0.2%2.1%
1Y-51.3%-6.4%30.6%

Return vs Industry: FLO underperformed the US Food industry which returned -6.4% over the past year.

Return vs Market: FLO underperformed the US Market which returned 30.6% over the past year.

Price Volatility

Is FLO's price volatile compared to industry and market?
FLO volatility
FLO Average Weekly Movement5.1%
Food Industry Average Movement5.0%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: FLO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FLO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
191910,300A. McMullianwww.flowersfoods.com

Flowers Foods, Inc. produces and markets packaged bakery food products in the United States. The company’s principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, tortillas, baking mixes, and frozen breads and rolls as well as snack items including bars, cakes, cookies, and crackers. The company offers its products under the Nature’s Own, DKB, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake brand names.

Flowers Foods, Inc. Fundamentals Summary

How do Flowers Foods's earnings and revenue compare to its market cap?
FLO fundamental statistics
Market capUS$1.83b
Earnings (TTM)US$83.83m
Revenue (TTM)US$5.26b
21.7x
P/E Ratio
0.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLO income statement (TTM)
RevenueUS$5.26b
Cost of RevenueUS$2.69b
Gross ProfitUS$2.57b
Other ExpensesUS$2.49b
EarningsUS$83.83m

Last Reported Earnings

Jan 03, 2026

Next Earnings Date

May 21, 2026

Earnings per share (EPS)0.40
Gross Margin48.87%
Net Profit Margin1.59%
Debt/Equity Ratio134.9%

How did FLO perform over the long term?

See historical performance and comparison

Dividends

11.6%
Current Dividend Yield
248%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 17:38
End of Day Share Price 2026/05/07 00:00
Earnings2026/01/03
Annual Earnings2026/01/03

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Flowers Foods, Inc. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Donald McLeeBerenberg
Amit SharmaBMO Capital Markets Equity Research
Kenneth ZaslowBMO Capital Markets Equity Research