Flowers Foods (FLO) Misses Q3 EPS by 2c, Updates FY15 Guidance
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Flowers Foods, Inc. Announces Results for the Third Quarter 2015
November 11, 2015 5:00 PM ESTTHOMASVILLE, Ga., Nov. 11, 2015 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Wonder, Tastykake, and other bakery foods, today reported financial results for the company's 12-week third quarter ended October 10, 2015.
Third Quarter 2015 Summary Financial Results
Compared to prior year third quarter
Sales(1) increased 4.8% to $885 million Adjusted EBITDA(2) increased 6.1% to $105 million, adjusted net income(3) increased 8.3% to $48 million, and adjusted net income per diluted common share(3) increased 9.5% to $0.23 Including acquisition-related costs, facility closing costs, and the effect of the tortilla facility... More