Highest-materiality recent filing
Flowers Foods director Thomas Chubb resigns due to Oxford Industries CEO commitments
Thomas C. Chubb, III resigned from Flowers Foods board effective June 4, 2026.
Flowers Foods announces 2026 annual meeting results; all items passed
All nine director nominees elected; Sterling Spainhour received 130.3M for, 29.9M against.
Flowers Foods Q1 net income down 20.6%, resets dividend to $0.50 annual; reaffirms FY guidance
Net sales up 1.1% to $1.572B, but net income fell 20.6% to $42.1M; adjusted diluted EPS $0.29 vs $0.35 YoY.
Flowers Foods enters $400M term loan facility to refinance 2026 Notes due Oct 2026
$400M senior unsecured delayed draw term loan facility with a 3-year maturity (from funding date).
Flowers Foods chief growth officer Terry Thomas to depart; role dissolved effective April 24
Thomas will step down; his chief growth officer role, created in 2023, is being dissolved.
Two Flowers Foods directors retiring; board to shrink from 11 to 9
George E. Deese retiring after 61 years; not standing for re-election at 2026 annual meeting.
Flowers Foods Q4 2025: net loss $67.1M, revenue +11%; FY2026 adj. EPS guidance $0.80-$0.90
Q4 net sales $1.233B (+11% YoY); net loss $67.1M vs prior-year income of $43.1M, due to $136M impairment.
CFO R. Steve Kinsey retires, enters consulting agreement until Feb 28, 2026
CFO R. Steve Kinsey retired effective Dec 31, 2025; consulting agreement signed Dec 31 for transition.
Flowers Foods amends Change of Control Plan for NEOs; adds prorated bonus, revised COBRA payment
Amended Plan adds prorated target bonus for year of termination as severance payment.
Flowers Foods Q3 net income down 39.2%; narrows FY2025 guidance
Net sales $1.227B, up 3.0% YoY, driven by Simple Mills acquisition (+5.9%).
Flowers Foods names D. Anthony Scaglione CFO, effective Jan 1, 2026
Scaglione previously CFO at Total Wine & More, ODP Corp, and ABM Industries.
Flowers Foods elects Sterling A. Spainhour to board; effective Oct 1, 2025
Spainhour is EVP and chief legal officer of Southern Company; will serve on Audit and Finance Committees.
Flowers Foods CFO R. Steve Kinsey to retire Dec 31, 2025 after 36 years
Kinsey notified company Sept 19, 2025; retirement effective Dec 31, 2025.
Flowers Foods director Melvin T. Stith to retire Dec. 31, 2025 after 21 years
Melvin T. Stith notified board of retirement effective Dec. 31, 2025.
Flowers Foods reports Q2 EPS $0.28, cuts FY2025 outlook on soft bread sales
Net sales +1.5% to $1.243B; core volume -2.4%, pricing/mix -1.2%; diluted EPS $0.28 vs $0.32.
Flowers Foods shareholders elect all 11 directors, reject independent chair proposal
All 11 director nominees elected; Ryals McMullian received 173.4M for, 5.1M against.
Flowers Foods Q1 net income down 27% to $53M; lowers FY2025 guidance
Net sales $1.554B, down 1.4% YoY; net income $53M (-27.4%); diluted EPS $0.25 vs $0.34.
Flowers Foods completes $795M cash acquisition of Simple Mills
Acquired Simple Mills for $795M cash, subject to post-closing adjustments.
Flowers Foods issues 5.75% and 6.20% senior notes to fund Simple Mills acquisition
Issued two series of senior notes (5.750% due 2035 and 6.200% due 2055) with undisclosed principal amounts.
Flowers Foods Q4 net income +20.9%, adj EPS $0.22; FY2025 guidance includes Simple Mills dilution
Q4 net sales $1.111B (-1.6% YoY); net income $43.1M (+20.9%); diluted EPS $0.20 vs $0.17.
Flowers Foods to acquire Simple Mills for $795 million in cash
Flowers Foods (FLO) entered definitive agreement to acquire Simple Mills (Purposeful Foods Holdings) for $795 million cash.
Flowers Foods approves new Code of Conduct combining prior ethics and conduct codes
Board approved new Code on Nov 15, 2024; applies to all officers, directors, employees.
Flowers Foods Q3 adj. EPS $0.33 vs $0.29; narrows FY guidance higher
Q3 net sales $1.191B (-0.7%); net income $65.0M vs loss of $46.7M LY; adj. EPS $0.33 vs $0.29.
Flowers Foods Q2 net income up 5%; adjusted EBITDA up 7.8%; FY guidance reaffirmed
Sales $1.225B (-0.2% YoY); pricing/mix +1.0%, volume -1.2% from business exits.
All 12 director nominees elected with majority votes; broker non-votes ~20M for each.
Flowers Foods Q1 record sales $1.577B; branded retail volumes grow 0.3%, reaffirms FY guidance
Q1 sales $1.577B (+2.8% YoY); net income $73.0M (+3.3%); diluted EPS $0.34.
Record FY2023 sales $5.091B (+5.9%); Q4 record sales $1.129B (+4.3%).
Flowers Foods adopts new form of Indemnification Agreement for directors and officers
New form clarifies scope of indemnification obligations and indemnitee's rights.
Flowers Foods Q3 net loss $46.7M on $1.199B record sales; guidance narrowed lower
Net loss of $46.7M vs prior-year net income of $40.6M; diluted EPS loss $0.22.
Flowers Foods settles class action for $55M fund and ~$50M territory buyback
Resolves Ludlow et al. class action; no admission of liability.
Heeth Varnedoe promoted to President & COO, effective Sept 1, 2023; base salary raised to $700,000.
Flowers Foods Q2 sales record $1.228B +8.8%, EPS $0.30, raises FY23 guidance; CSO retiring
Q2 sales $1.228B (record, +8.8% YoY); net income $63.8M (+18.8%); diluted EPS $0.30 vs $0.25.
Flowers Foods shareholders approve equity plan amendment adding 9.34M shares; all directors elected
Amended 2014 Omnibus Plan approved, increasing share reserve by 9,340,000 shares of common stock.
Flowers Foods Q1 EPS falls 17% to $0.33; guides FY2023 adjusted EPS $1.15-$1.25
Net income $70.7M (-17.4%), diluted EPS $0.33; adjusted net income $80.9M (-13.1%), adjusted EPS $0.38.
Flowers Foods elects Ryals McMullian as next chairman, effective after 2023 annual meeting
George E. Deese retires as chairman at 2023 annual meeting, continues as director.
Flowers Foods FY2022 sales up 11% to record $4.806B; guides FY2023 sales $5.176-5.242B
Record FY2022 sales $4.806B (+11% YoY); net income $228.4M (+10.8%).
Flowers Foods Q3 sales record $1.158B (+12.7%); adjusted EPS flat at $0.30; FY guidance narrowed
Sales $1.158B (+12.7% YoY), a quarter record; volume -5.1% offset by pricing/mix +17.8%.
Sales increased 11.0% to a second-quarter record $1.129B; net income decreased 4.8% to $53.7M.
Flowers Foods COO retiring Dec 31; Heeth Varnedoe to succeed Jan 1, 2023
Bradley Alexander to retire after 41 years; receives $70K for COBRA premiums.
Flowers Foods Q1 sales record $1.44B, adj. EPS $0.44 beat; FY EPS guidance cut to $1.20-1.30
Sales up 10.3% to $1.436B (record); net income $85.6M (+19.4%).
Flowers Foods reports Q4 sales down 3.9% to $983.5M; guides FY2022 sales growth of 7.6%-8.4%
Full-year adjusted EPS $1.24 (down $0.07); Q4 adjusted EPS $0.20 (down $0.08).
Flowers Foods Q3 sales up 3.9% to $1.028B; raises FY2021 guidance
Net income $38.9M (-12.4% YoY); adjusted EPS $0.30 (+$0.01 YoY).
Flowers Foods Q2 sales down 0.8% to $1.017B; raises FY EPS guidance to $1.17-$1.22
Sales $1.017B (-0.8% vs prior year); net income $56.4M (-2.7%); dil EPS $0.26 vs $0.27.
Flowers Foods amends credit agreement, extends maturity to 2026 and lowers margins
Maturity extended to July 30, 2026; $500M facility size unchanged.
On June 4, 2026, Thomas C. Chubb, III notified the board of directors (the “Board”) of Flowers Foods, Inc. (the “Company”) of his intention to resign from the Company, effective immediately.
On February 14, 2025, C. Martin Wood III notified the board of directors (the “Board”) of Flowers Foods, Inc. (the “Company”) that he does not wish to stand for re-election as a director and will retire from the Board at the end of his current term at the Company’s 2025 annual meeting of shareholders (the “2025 Annual Meeting”).
appointed Heeth Varnedoe, the current chief operating officer of the Company, to serve as president and chief operating officer, effective September 1, 2023.
the Board elected Brigitte King and Joanne Smith as directors, effective October 1, 2023.
the Board elected Brigitte King and Joanne Smith as directors, effective October 1, 2023.
Terry S. Thomas notified the Board of his decision to resign as a member of the Board, effective August 31, 2023.
Mr. Thomas’ decision to resign from the Board was made in connection with his appointment as Chief Growth Officer of the Company, effective September 1, 2023.
On August 10, 2023, D. Keith Wheeler, chief sales officer of the Company, notified the Company that he will retire from the Company.
the Board elected Thomas C. Chubb, III to serve as presiding director and chair of the nominating/corporate governance committee, effective immediately following the 2023 Annual Meeting.
On March 6, 2023, Benjamin H. Griswold, IV notified the Board that he will retire from the Board, effective as of the 2023 Annual Meeting.
the Board elected A. Ryals McMullian, president and chief executive officer and a director of the Company, as the next chairman of the Board, effective immediately following the 2023 Annual Meeting.
On March 6, 2023, George E. Deese notified the board of directors (the “Board”) of Flowers Foods, Inc. (the “Company”) that he will retire from his role as chairman of the Board, effective as of the Company’s 2023 annual meeting of shareholders (the “2023 Annual Meeting”).
Max materiality 0.90 · Median 0.65 · Most common event earnings