Flowers Foods (FLO) Reports In-Line Q4 EPS
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Flowers Foods, Inc. Reports Fourth Quarter and Year-End 2016 Results
February 13, 2017 5:30 PM ESTTHOMASVILLE, Ga., Feb. 13, 2017 /PRNewswire/ --Â Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Wonder, Tastykake, Dave's Killer Bread, and other bakery foods, today reported financial results for the company's fourth quarter and year ended December 31, 2016. The company also provided an update on Project Centennial.
Fiscal 2016 Summary:
Compared to the prior year where applicable
Sales increased 3.9% to $3.927 billion. Acquisitions of Dave's Killer Bread (DKB), until cycled September 12, 2016, and Alpine Valley Bread (Alpine), until cycled October 13, 2016, contributed 4.0% to the overall sales increase. Diluted EPS decreased 12.4% to... More