Flowers Foods (FLO) AI Stock Analysis

• Market Cap: $2.65B
• Dividend Yield: 7.76%
• Average Volume (3M): 3.90M
• Price to Earnings (P/E): 12.1
• Beta (1Y): 0.02
• Revenue Growth: -0.61%
• EPS Growth: 70.09%
• Country: US
• Employees: 10,200
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.30
• Shares Outstanding: 211,178,220
• 10 Day Avg. Volume: 2,651,317
• 30 Day Avg. Volume: 3,902,217
• PEG Ratio: 0.17
• Price to Book (P/B): 3.06
• Price to Sales (P/S): 0.85
• P/FCF Ratio: 15.40
• Enterprise Value/Market Cap: 2.04
• Enterprise Value/Revenue: 1.06
• Enterprise Value/Gross Profit: 2.15
• Enterprise Value/Ebitda: 10.61
• 1Y Price Target: $14.33
• Price Target Upside: 14.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 66 Neutral
• Price Target: $13.50 ▲(7.40% Upside)

Flowers Foods' overall stock score reflects a solid financial position with strong revenue growth and cash flow management. However, technical indicators suggest bearish momentum, and the company faces challenges in traditional segments and increased competition. The attractive valuation and high dividend yield provide a cushion, but caution is advised due to the transitional phase and competitive pressures.

Positive Factors

Cash Flow Management

Efficient cash flow management ensures that the company can fund operations, invest in growth opportunities, and maintain financial stability over the long term.

Premium Product Growth

Growth in premium segments like Dave's Killer Bread indicates a successful strategy in capturing consumer interest, supporting sustained revenue growth and market differentiation.

Leadership Change

The appointment of a new CFO with extensive experience can bring fresh strategic insights and strengthen financial management, supporting long-term business transformation and growth.

Negative Factors

Increased Leverage

Higher leverage can constrain financial flexibility and increase risk, potentially impacting the company's ability to invest in growth and weather economic downturns.

Competitive Pressure

Increased competition from lower-priced products pressures market share and margins, challenging Flowers Foods to innovate and differentiate its offerings to maintain competitiveness.

Profit Margin Pressure

Decreasing profit margins indicate rising costs or pricing pressures, which can erode profitability and affect the company's ability to reinvest in its business for future growth.

Flowers Foods Business Overview & Revenue Model

Company Description

Flowers Foods, Inc. is a leading producer and marketer of packaged bakery foods in the United States. Founded in 1919 and headquartered in Thomasville, Georgia, the company operates in the baked goods sector and offers a wide range of products including bread, buns, rolls, and snack cakes. Its portfolio features well-known brands such as Nature's Own, Wonder Bread, and Dave's Killer Bread, catering to both retail and foodservice markets. Flowers Foods leverages its extensive distribution network to provide fresh bakery products across various channels.

How the Company Makes Money

Flowers Foods generates revenue primarily through the sale of its bakery products to grocery stores, mass merchandisers, convenience stores, and foodservice operators. The company has a diversified revenue model that includes both direct sales and distribution agreements. Key revenue streams include the sale of branded products, private label offerings, and specialty items. Additionally, Flowers Foods forms partnerships with distributors and retailers to expand its market reach and enhance product visibility. The company's strategic acquisitions of other bakery brands also contribute to its earnings by broadening its product portfolio and increasing market share.

Flowers Foods Financial Statement Overview

Summary

Flowers Foods shows strong revenue growth and efficient cash flow management, with a robust free cash flow growth rate of 20.3% TTM. However, increased leverage with a debt-to-equity ratio of 1.51 and slight pressure on net profit margins highlight areas for caution.

Income Statement

Flowers Foods shows a strong gross profit margin of around 49.6% in TTM, indicating efficient cost management. However, the net profit margin has slightly decreased to 4.5% from 4.9% in the previous year, reflecting some pressure on net earnings. Revenue growth is robust at 35.1% TTM, driven by increased sales, although this is a significant jump from the previous year's modest growth, suggesting potential volatility.

Balance Sheet

The company's debt-to-equity ratio has increased to 1.51 TTM, indicating higher leverage, which could pose risks if not managed carefully. Return on equity is healthy at 16.2%, showing effective use of equity to generate profits. The equity ratio stands at 32.8%, suggesting a balanced capital structure but with room for improvement in reducing debt levels.

Cash Flow

Flowers Foods demonstrates strong cash flow management, with a free cash flow growth rate of 20.3% TTM, indicating improved cash generation. The operating cash flow to net income ratio is 0.78, reflecting solid cash conversion. The free cash flow to net income ratio of 0.72 suggests efficient cash utilization relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.10B	5.10B	5.09B	4.81B	4.33B	4.39B
Gross Profit	2.52B	2.53B	2.46B	2.30B	2.16B	2.19B
EBITDA	510.91M	525.65M	345.80M	469.96M	438.99M	380.74M
Net Income	219.47M	248.12M	123.42M	228.39M	206.19M	152.32M
Balance Sheet
Total Assets	4.34B	3.40B	3.43B	3.31B	3.25B	3.32B
Cash, Cash Equivalents and Short-Term Investments	11.04M	5.00M	22.53M	165.13M	185.87M	307.48M
Total Debt	2.09B	1.36B	1.35B	1.19B	1.21B	1.32B
Total Liabilities	2.92B	1.99B	2.08B	1.87B	1.84B	1.95B
Stockholders Equity	1.43B	1.41B	1.35B	1.44B	1.41B	1.37B
Cash Flow
Free Cash Flow	383.50M	280.58M	220.28M	191.82M	133.76M	356.54M
Operating Cash Flow	510.71M	412.66M	349.35M	360.89M	344.61M	454.46M
Investing Cash Flow	-967.55M	-172.67M	-403.81M	-151.09M	-191.44M	-73.99M
Financing Cash Flow	461.02M	-257.52M	-88.15M	-222.17M	-274.78M	-84.04M

Flowers Foods Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.57
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FLO, the sentiment is Negative. The current price of 12.57 is below the 20-day moving average (MA) of 12.73, below the 50-day MA of 13.56, and below the 200-day MA of 16.19, indicating a bearish trend. The MACD of -0.23 indicates Negative momentum. The RSI at 40.59 is Neutral, neither overbought nor oversold. The STOCH value of 29.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FLO.

Flowers Foods Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
POST	―	$5.80B	18.29	9.23%	―	0.80%	10.43%
JJSF	―	$1.76B	21.08	8.79%	3.45%	0.50%	-4.46%
FLO	―	$2.65B	12.15	15.61%	7.76%	-0.61%	70.09%
SMPL	―	$1.99B	19.43	5.86%	―	8.98%	-26.29%
Sector *	―	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
STKL	―	$664.07M	―	-1.34%	―	10.90%	96.02%
KLG	―	―	―	―	―	-4.30%	-70.31%

Flowers Foods Corporate Events

Flowers Foods Appoints New Chief Financial Officer

On October 21, 2025, Flowers Foods announced the appointment of D. Anthony Scaglione as Chief Financial Officer, effective January 1, 2026. Scaglione, who has extensive experience in financial leadership roles, will succeed Steve Kinsey and is expected to drive the company’s financial strategy and growth. This leadership transition is anticipated to strengthen Flowers Foods’ position in the competitive bakery industry and enhance shareholder value.

The most recent analyst rating on (FLO) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Flowers Foods stock, see the FLO Stock Forecast page.

Flowers Foods Elects Sterling Spainhour to Board

On September 26, 2025, Flowers Foods, Inc. announced the election of Sterling A. Spainhour to its board of directors, effective October 1, 2025. Spainhour, who is the executive vice president and chief legal officer of Southern Company, will serve on the audit and finance committees. His extensive experience in mergers and acquisitions, legal matters, and corporate governance is expected to strengthen Flowers Foods’ board as the company continues to evolve and pursue strategic priorities aimed at increasing shareholder value. With his appointment, the board will expand to twelve members.

The most recent analyst rating on (FLO) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Flowers Foods stock, see the FLO Stock Forecast page.

Flowers Foods CFO Retirement Announced

On September 19, 2025, Flowers Foods announced the planned retirement of their Chief Financial Officer, R. Steve Kinsey, effective December 31, 2025, after 36 years of service, including 18 years as CFO. The company has begun searching for his successor and Kinsey will continue in an advisory role post-retirement to ensure a smooth transition. His departure marks a significant change in the company’s leadership, with implications for its strategic direction and stakeholder relations.

The most recent analyst rating on (FLO) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Flowers Foods stock, see the FLO Stock Forecast page.

Flowers Foods Earnings Call: Mixed Sentiment Amid Transition

The recent earnings call for Flowers Foods revealed a mixed sentiment, reflecting both optimism and caution. The company showcased strong growth in its premium and innovative segments, particularly with brands like Dave’s Killer Bread (DKB) and Simple Mills. However, this positive momentum was somewhat overshadowed by challenges in traditional bread sales and increased market competition. Flowers Foods is currently in a transition phase, with strategic plans in place to address these issues, though significant patience will be required for these initiatives to bear fruit.

Flowers Foods Announces Board Member Retirement

On August 22, 2025, Melvin T. Stith, Ph.D. announced his retirement from the board of directors of Flowers Foods, effective December 31, 2025. Dr. Stith, who has been a director since 2004 and served on key committees, is retiring without any disagreements with the board or the company.

The most recent analyst rating on (FLO) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Flowers Foods stock, see the FLO Stock Forecast page.

Flowers Foods Reports Modest Sales Growth Amid Challenges

Flowers Foods, Inc., headquartered in Thomasville, Georgia, is a leading producer of packaged bakery foods in the United States, known for its popular brands like Nature’s Own and Dave’s Killer Bread. The company operates in the consumer goods sector, focusing on bakery products.