secwatch.observer — SEC 8-K summary
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Issuer:     FLOWERS FOODS INC (FLO)
CIK:        0001128928
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0000950170-24-061099
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flowers Foods Q1 record sales $1.577B; branded retail volumes grow 0.3%, reaffirms FY guidance
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- Q1 sales $1.577B (+2.8% YoY); net income $73.0M (+3.3%); diluted EPS $0.34.
- Branded retail sales $1.015B (+3.5%); volume +0.3% (first quarterly branded volume growth since 2020).
- Adjusted EBITDA $159.4M (+5.5%); margin 10.1% (+30 bps).
- FY2024 outlook: sales $5.091-5.172B; adj. EPS $1.20-$1.30; capEx raised to $145-155M.
- Operating cash flow $105.1M (+$47.2M); dividends paid $51.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1128928/000095017024061099/0000950170-24-061099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1128928/000095017024061099/flo-20240516.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-061099

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer