Flowers Foods (FLO) Reports Q4 Loss of 32 Cents, Revenue $1.23B
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Flowers Foods Inc. (FLO) reported a fourth-quarter loss of $67.1 million, or 32 cents per share, adjusted for asset impairment and restructuring costs. Revenue for the quarter totaled $1.23 billion. Year-over-year results: profit of $83.8 million, or 40 cents per share, on $5.26 billion in revenue. The company expects full-year earnings of 80 to 90 cents per share and revenue of $5.16 billion to $5.27 billion.
EditorThomas Ho