Flowers Foods, Inc. Reports First Quarter 2018 Results
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Flowers Foods (FLO) Misses Q1 EPS by 1c, Slight Beat on Revenues; Offers FY18 Revenue Mid-Point Outlook Above Consensus
May 16, 2018 4:18 PM EDTFlowers Foods (NYSE: FLO) reported Q1 EPS of $0.30, $0.01 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.2 billion.
First Quarter Summary:Compared to the prior year first quarter where applicable
Sales increased 1.6% to $1.206 billion. Excluding a 2017 divestiture of a mix manufacturing business, sales increased... More