Flowers Foods: Moving From Bread To Crumbs - Seeking Alpha

3 days ago · Flowers Foods is a bread business with origins dating back to 1919, after which the company went public in 1968, as a string of more than 100 deals made Flowers Foods become a leading bread business.

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Flower Foods' Deal For Simple Mills Is More Of A Growth Play

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Jan 8, 2025 · Robert Daly. Flowers Foods (NYSE:FLO) started off the new year with an M&A deal.The company snapped up Simple Mills for $795 million in cash. Founded in 2012 by …

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Flowers Foods Acquires Simple Mills For $795 Million, Expanding …

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Jan 8, 2025 · Flowers Foods announces the $795 million acquisition of Simple Mills, enhancing its position in the better-for-you snack market with a fast-growing, nutrient-focused product line ...

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Flower Foods To Acquire Simple Mills For $795 Mln In Cash

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Jan 8, 2025 · (RTTNews) - Flowers Foods, Inc. (FLO), Wednesday announced an agreement to acquire Simple Mills, a provider of organic food items, for $795 million in cash. The acquisition …

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Flowers Foods CEO Talks Simple Mills: ‘Minor’ Synergies, But ...

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Jan 8, 2025 · Flowers Foods’ management team sees significant growth potential for Simple Mills following its $795 million acquisition, as executives outlined plans to broaden the snack and …

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Flowers Foods To Acquire Simple Mills For $795 Million In Cash - MSN

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Flowers Foods has entered into a binding commitment letter for a $795 million term loan from Royal Bank of Canada to help fund the transaction as required. FLO +1.99% premarket to …

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Flowers Foods To Acquire Simple Mills For $795M In Cash

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Jan 8, 2025 · Flowers Foods announced that it has entered into a definitive agreement to acquire Simple Mills for $795M in cash. The addition of Simple Mills expands Flowers’ exposure to …

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Flowers Foods Reports Strong Q3 Earnings Amid Sales Decline

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Nov 8, 2024 · Looking ahead, Flowers Foods is narrowing its financial outlook for the rest of the year, with expected net sales growth of up to 1.1% and adjusted EBITDA ranging from $530 …

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Flowers Foods Q2 Profit Rises But Sets Cautious ... - Seeking Alpha

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Aug 16, 2024 · Flowers Foods Non-GAAP EPS of $0.36 beats by $0.03, revenue of $1.23B misses by $10M Flowers Foods Q2 2024 Earnings Preview Seeking Alpha’s Quant Rating on …

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FAQs about Flowers Foods: Moving From Bread To Crumbs - Seeking Alpha Coupon?

Did Flowers Foods buy Simple Mills for $795 million?

Flowers Foods (NYSE: FLO) started off the new year with an M&A deal. The company snapped up Simple Mills for $795 million in cash. Founded in 2012 by Katlin Smith, Simple Mills is a market-leading natural brand offering premium better-for-you crackers, cookies, snack bars, and baking mixes. ...

Will Simple Mills expand Flower Foods' 'better-for-You' segment?

The addition of Simple Mills is expected to expand Flower Foods' (NYSE: FLO) exposure to "better-for-you and attractive snacking segments" and enhance the company's growth and margin prospects. During a conference call, Flower Foods (FLO) management noted that Simple Mills has seen sales grow at a ~28% CAGR from 2019-2024. ...

Does Simple Mills' acquisition push Flower foods more into snacking?

Jefferies analyst Rob Dickerson said the acquisition of Simple Mills pushes Flower Foods (FLO) more into snacking, which he thinks fits the recent narrative from management. "Bread is not necessarily a growth category, and this deal positions the company more in higher growth/margin potential categories," highlighted Dickerson. ...

Why did Flowers Foods stock drop?

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. ...

Is Flowers Foods a Bread Company?

Flowers Foods is a bread business with origins dating back to 1919, after which the company went public in 1968, as a string of more than 100 deals made Flowers Foods become a leading bread business. The company operates about four dozen bakeries, making the company the 2nd largest baked goods business in the US. ...

Did Flowers Foods (Flo) bake after a tough quarter?

Learn More » In the summer of 2023, I believed that shares of Flowers Foods (NYSE: FLO) were baked after a tough quarter. Lackluster organic growth, both in terms of sales and earnings, combined with a steep dividend payout yield, created few reasons to be upbeat at a 20 times earnings multiple at the time. ...