Flowers Foods traded at $8.41 this Wednesday July 1st, increasing $0.51 or 6.46 percent since the previous trading session. Looking back, over the last four weeks, Flowers Foods gained 13.50 percent. Over the last 12 months, its price fell by 48.59 percent. Looking ahead, we forecast Flowers Foods to be priced at 7.80 by the end of this quarter and at 7.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
Flowers Foods, Inc. is a producer and marketer of packaged bakery products. The Company's principal products include breads, buns, rolls, snack cakes, and tortillas and are sold under a variety of brand names, including Nature’s Own, Dave’s Killer Bread (DKB), Wonder, Canyon Bakehouse, Tastykake, Sunbeam Bread, Merita, European Bakers, Butternut, Bunny Bread and Mrs. Freshley’s. The Company sells packaged bakery products to wholesale distributors for ultimate sale to a range of food outlets. It sells packaged snack cakes primarily to customers distributing the product nationwide through multiple channels of distribution, including mass merchandisers, supermarkets, vending outlets and convenience stores. The Comapy caters to its customers across the United States: East, South, Southwest, Northeast, California, and select markets in the Midwest, Pacific Northwest, Nevada, and Colorado. It operates approximately 246 stores.