Flowers Foods Full Year 2024 Earnings: In Line With Expectations

February 24, 2025

Simply Wall St

Flowers Foods (NYSE:FLO) Full Year 2024 Results

Key Financial Results

Revenue: US$5.10b (flat on FY 2023).
Net income: US$248.1m (up 101% from FY 2023).
Profit margin: 4.9% (up from 2.4% in FY 2023).
EPS: US$1.18 (up from US$0.58 in FY 2023).

revenue-and-expenses-breakdown — NYSE:FLO Revenue and Expenses Breakdown February 24th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Flowers Foods Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

In the last 12 months, the only revenue segment was Food Processing contributing US$5.10b. Notably, cost of sales worth US$2.58b amounted to 50% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$1.90b (83% of total expenses). Explore how FLO's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Food industry in the US.

Performance of the American Food industry.

The company's shares are up 4.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Flowers Foods that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.