Executive Summary
                Flowers Foods Inc (FLO) delivered strong financial results for the first quarter of 2024, characterized by a notable recovery in branded retail volumes and improvements in profitability metrics. The company reported revenues of $1.57 billion, an increase of 2.76% year over year, and a substantial 39.66% improvement compared to the previous quarter. Management credits strategic investments in marketing, innovation, and operational efficiencies for this growth trajectory. Dave’s Killer Bread continued to lead the brand portfolio with a remarkable 10% unit growth, indicating not only strong brand loyalty but also a shift back towards premium products among consumers as economic conditions improve. Management remains cautious but optimistic about the future due to current economic uncertainties and evolving consumer behavior.            
        Key Performance Indicators
Revenue
1.58B
                                                    
                                QoQ: 39.66% | YoY:2.76%                            
                                            Gross Profit
779.63M
                                                            49.44% margin
                                                    
                                QoQ: 44.03% | YoY:6.27%                            
                                            Operating Income
101.55M
                                                    
                                QoQ: 103.52% | YoY:8.30%                            
                                            Net Income
73.04M
                                                    
                                QoQ: 104.74% | YoY:3.30%                            
                                            EPS
0.35
                                                    
                                QoQ: 105.88% | YoY:6.06%                            
                                            Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $1.576 billion (YoY: +2.76%, QoQ: +39.66%)
 - **Gross Profit:** $779.6 million (YoY: +6.27%, QoQ: +44.03%)
 - **Operating Income:** $101.5 million (YoY: +8.30%, QoQ: +103.52%)
 - **Net Income:** $73.0 million (YoY: +3.30%, QoQ: +104.74%)
 - **EPS:** $0.35 (YoY: +6.06%, QoQ: +105.88%)