Flowers Foods Inc (FLO)

Consumer Defensive | Packaged Foods
Income Statement (Quarterly) 2025-04-19 2024-12-28 2024-10-05 2024-07-13
Revenue 1,554,230,000 1,111,125,000 1,190,561,000 1,224,983,000
Cost of Revenue 778,346,000 568,463,000 598,209,000 613,362,000
Gross Profit 775,884,000 542,662,000 592,352,000 611,621,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 633,396,000 444,042,000 460,359,000 471,282,000
Operating Expenses 690,751,000 481,309,000 502,173,000 516,409,000
Operating Income 85,133,000 65,641,999 90,179,000 95,212,000
Interest Expense 19,674,000 8,162,000 8,688,000 8,978,000
Income Before Tax 71,202,000 56,905,000 85,520,000 90,422,000
Income Tax Expense 18,204,000 13,783,000 20,536,000 23,455,000
Net Income 52,998,000 43,122,000 64,984,000 66,967,000
Per Share
EPS 0.25 0.20 0.31 0.32
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-28 2023-12-30 2022-12-31 2022-01-01 2021-01-02
Revenue 5,103,487,000 5,090,830,000 4,805,822,000 4,330,767,000 4,387,991,000
Cost of Revenue 2,577,220,000 2,632,136,000 2,501,995,000 2,175,247,000 2,196,142,000
Gross Profit 2,526,267,000 2,458,694,000 2,303,827,000 2,155,520,000 2,191,849,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 2,001,052,000 2,119,718,000 1,850,594,000 1,719,797,000 1,693,387,000
Operating Expenses 2,177,975,000 2,285,824,000 1,992,551,000 1,856,356,000 1,834,771,000
Operating Income 380,415,000 172,870,000 303,215,000 299,164,000 321,488,000
Interest Expense 37,129,000 36,609,000 5,277,000 31,534,000 38,790,000
Income Before Tax 328,942,000 157,107,000 298,711,000 270,772,000 200,711,000
Income Tax Expense 80,826,000 33,691,000 70,317,000 64,585,000 48,393,000
Net Income 248,116,000 123,416,000 228,394,000 206,187,000 152,318,000
Per Share
EPS 1.18 0.58 1.08 0.98 0.72
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-28 2023-12-30 2022-12-31 2022-01-01
Assets
Cash and Cash Equivalents 5,005,000 22,527,000 165,134,000 185,871,000
Short Term Investments 0 0 0 0
Net Receivables 347,522,000 345,584,000 26,472,000 318,197,000
Inventory 262,691,000 270,883,000 242,311,000 203,459,000
Total Current Assets 656,364,000 687,713,000 804,940,000 746,118,000
Property Plant Equipment 1,283,105,000 1,239,845,000 1,124,539,000 1,091,217,000
Goodwill and Intangibles 1,306,265,000 1,335,538,000 1,209,625,000 1,240,676,000
Total Assets 3,400,447,000 3,426,953,000 3,312,994,000 3,253,313,000
Liabilities
Account Payables 260,710,000 318,600,000 343,380,000 268,500,000
Short Term Debt 82,983,000 65,786,000 45,769,000 65,135,000
Total Current Liabilities 548,603,000 659,152,000 564,425,000 519,917,000
Long Term Debt 1,276,109,000 1,285,039,000 1,128,935,000 1,143,157,000
Total Liabilities 1,990,333,000 2,075,171,000 1,869,704,000 1,842,039,000
Shareholders Equity
Retained Earnings 977,555,000 932,472,000 1,004,271,000 962,378,000
Total Shareholders Equity 1,410,114,000 1,351,782,000 1,443,290,000 1,411,274,000
Balance Sheet (Annual) 2024-12-28 2023-12-30 2022-12-31 2022-01-01 2021-01-02
Assets
Cash and Cash Equivalents 5,005,000 22,527,000 165,134,000 185,871,000 307,476,000
Short Term Investments 0 0 0 0 0
Net Receivables 347,522,000 345,584,000 26,472,000 318,197,000 302,212,000
Inventory 262,691,000 270,883,000 242,311,000 203,459,000 193,337,000
Total Current Assets 656,364,000 687,713,000 804,940,000 746,118,000 838,203,000
Property Plant Equipment 1,283,105,000 1,239,845,000 1,124,539,000 1,091,217,000 1,033,524,000
Goodwill and Intangibles 1,306,265,000 1,335,538,000 1,209,625,000 1,240,676,000 1,260,162,000
Total Assets 3,400,447,000 3,426,953,000 3,312,994,000 3,253,313,000 3,323,023,000
Liabilities
Account Payables 260,710,000 318,600,000 343,380,000 268,500,000 225,918,000
Short Term Debt 82,983,000 65,786,000 45,769,000 65,135,000 68,808,000
Total Current Liabilities 548,603,000 659,152,000 564,425,000 519,917,000 504,105,000
Long Term Debt 1,276,109,000 1,285,039,000 1,128,935,000 1,143,157,000 1,253,957,000
Total Liabilities 1,990,333,000 2,075,171,000 1,869,704,000 1,842,039,000 1,950,029,000
Shareholders Equity
Retained Earnings 977,555,000 932,472,000 1,004,271,000 962,378,000 932,094,000
Total Shareholders Equity 1,410,114,000 1,351,782,000 1,443,290,000 1,411,274,000 1,372,994,000
Cash Flow Statement (Quarterly) 2024-12-28 2023-12-30 2022-12-31 2022-01-01
Operating Activities
Net Income 248,116,000 123,416,000 228,394,000 206,187,000
Depreciation & Amortization 159,210,000 151,709,000 141,957,000 136,559,000
Stock Based Compensation 29,743,000 26,945,000 25,822,000 21,343,000
Change in Working Capital -81,444,000 65,120,999 -50,995,000 -34,007,000
Operating Cash Flow 412,664,000 349,353,000 360,889,000 344,610,000
Investing Activities
Capital Expenditure -132,088,000 -129,078,000 -169,071,000 -210,853,000
Investments -132,088,000 -129,078,000 -169,071,000 -135,964,000
Investing Cash Flow -172,669,000 -403,812,000 -151,088,000 -191,438,000
Financing Activities
Debt Repayment -31,591,000 -153,181,000 -1,597,000 -581,173,000
Common Stock Issued/Repurchased -22,703,000 260,561,000 -34,586,000 -9,510,000
Dividends Paid -203,033,000 -195,215,000 -186,501,000 -175,903,000
Financing Cash Flow -257,517,000 -88,148,000 -222,167,000 -274,777,000
Summary
Free Cash Flow 280,576,000 220,275,000 191,818,000 133,757,000
Net Change in Cash -17,522,000 -142,607,000 -20,737,000 -121,605,000
Cash Flow Statement (Annual) 2024-12-28 2023-12-30 2022-12-31 2022-01-01 2021-01-02
Operating Activities
Net Income 248,116,000 123,416,000 228,394,000 206,187,000 152,318,000
Depreciation & Amortization 159,210,000 151,709,000 141,957,000 136,559,000 141,384,000
Stock Based Compensation 29,743,000 26,945,000 25,822,000 21,343,000 12,855,000
Change in Working Capital -81,444,000 65,120,999 -50,995,000 -34,007,000 36,515,000
Operating Cash Flow 412,664,000 349,353,000 360,889,000 344,610,000 454,464,000
Investing Activities
Capital Expenditure -132,088,000 -129,078,000 -169,071,000 -210,853,000 -97,929,000
Investments -132,088,000 -129,078,000 -169,071,000 -135,964,000 -97,929,000
Investing Cash Flow -172,669,000 -403,812,000 -151,088,000 -191,438,000 -73,992,000
Financing Activities
Debt Repayment -31,591,000 -153,181,000 -1,597,000 -581,173,000 -399,115,000
Common Stock Issued/Repurchased -22,703,000 260,561,000 -34,586,000 -9,510,000 -783,000
Dividends Paid -203,033,000 -195,215,000 -186,501,000 -175,903,000 -167,270,000
Financing Cash Flow -257,517,000 -88,148,000 -222,167,000 -274,777,000 -84,040,000
Summary
Free Cash Flow 280,576,000 220,275,000 191,818,000 133,757,000 356,535,000
Net Change in Cash -17,522,000 -142,607,000 -20,737,000 -121,605,000 296,432,000