Flowers Foods, Inc. (NYSE:FLO)

WEB NEWS

Monday, June 29, 2009

Comments & Business Outlook

'We are pleased with the results this quarter. Our team delivered sales growth in excess of 19% and earnings in line with our expectation in spite of headwinds from the economy and competitive pressures,' commented George E. Deese, chairman, chief executive officer, and president. 'We are particularly pleased with the results considering we faced continued challenges in the quarter from higher input costs compared to the same time frame last year. Our branded retail sales grew 14.8% in the quarter, evidence that Flowers' brands are performing well in recessionary conditions and a testament to our product quality, brand strength, and execution in the marketplace.

FULL YEAR 2009 Guidance Ending December a


  Full Year 2009 Guidance Full Year 2008 Reported Period Change
GAAP Revenue $2.7 to $2.7 billion $2.41 billion 12.6% to 14.5%
GAAP EPS  $1.37 to $1.48 $1.28 7.0% to 15.6%
Fully Diluted Shares 93.2 million 92.5 million 7.6%

Source: See Release, May 27, 2009

a The above forecasts reflect the Company's current and preliminary views and are therefore subject to change. Please refer to the Company's Safe Harbor Statement (usually in press releases) for the factors that could cause actual results to differ materially from those contained in any forward-looking statement.



Sunday, February 8, 2009

Comments & Business Outlook

Guidance Report: (Non-China)

Full Year Fiscal 2009 Guidance Ending December

  2009 Guidance 2008 Reported Period Change
Revenue $2.71 to $2.76 billion $2.41 billion 12.6% to 14.5%
 EPS  GAAP $1.37 to $1.47 $1.28 7.0% to 15.6%
EPS Non-GAAP NA NA NA

2008 GAAP Net income for includes a pre-tax gain on the sale of a manufacturing facility of $2.3 million ($0.3 million net of closing expenses) and a pre-tax asset impairment charge of $3.1 million.

Non-GAAP EPS figures, excluding non-operating gains and losses, were not provided by the company.

Source: PR Newswire (February 5, 2009)


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