Flowers Foods

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Time to reappraise strategy at Flowers Foods?

Flowers Foods' share price fell almost 20% yesterday (11 February) after the US bakery group booked fourth-quarter earnings that failed to h...

The food industry in 2016 - what will drive M&A?

Looking to 2016, it seems likely many of the trends that drove a bumper year of deal-making will persist over the next 12 months - consolida...


Dean Best | 3 Jan 2016

Looking to 2016, it seems likely many of the trends that drove a bumper year of deal-making will persist over the next 12 months - consolidation, health, simple foods and emerging markets.


Hannah Abdulla | 20 Aug 2015

Flowers Foods last week announced the acquisition of organic bread maker Dave's Killer Bread, a move which accelerates its growth in the organic bread space and extends its geographic reach in the US, two things it has had on its wish list for some time. Hannah Abdulla explores.


Katy Askew | 16 Apr 2015

US baker Flowers Foods has typically increased sales by focusing on regional growth. During the group's investor day in New York this week, it was made clear extending its geographic reach in the US will remain a key strategic pillar. However, the company has also set its sights on growing share in on-trend areas such as organic, speciality and breakfast items.


Dean Best | 17 Nov 2014

The private-equity owners of Hostess Brands are, according to reports, mulling a sale, just a year after buying the US snacks business. There is speculation Apollo Global Management and C. Dean Metropoulos are planning for to sell Hostess early next year. However, that looks unlikely.

Latest News

Katy Askew | 19 May 2016

Flowers Foods has said that it will concentrate on "profitable growth" and raising its margins despite posting a decline in first-quarter operating earnings.  


Dean Best | 19 Apr 2016

Flowers Foods, the US bakery group, has revised long-term targets for sales and earnings.


Katy Askew | 15 Feb 2016

US baker Flowers Foods is extending its snack cake brand, Mrs. Freshley's, with the addition of two new snack products: peanut butter cupcakes and brownies. 


Katy Askew | 11 Feb 2016

Flowers Foods has said it is "not satisfied" with its fourth-quarter performance, despite the US baker reporting higher sales and earnings for the full-year - but the company forecast a jump in revenue and profit during 2016. 


Hannah Abdulla | 3 Dec 2015

More than 30 US food companies including the likes of ConAgra Foods, Smucker, Kellogg and General Mills have signed up to SmartLabel technology, committing to being more transparent about the ingredients that go into their products.


Hannah Abdulla | 13 Nov 2015

This week, Orkla pledged zero-deforestation by 2020. Elsewhere, United Biscuits opened its first e-commerce store in China. just-food spoke to CEO of American Halal Co., Adnan Durrani following the firm's recent acquisition in the plant-protein space and Givesco Bakery acquired cake maker Almondy. Here is the week in quotes.


Katy Askew | 12 Nov 2015

Flowers Foods, the US bakery group, has lifted its full year sales outlook and maintained its earnings guidance, saying that it anticipates top line growth to be supported by acquisitions it has made in the period. 


Helen Arnold | 16 Oct 2015

Seven US food and drink companies including Hain Celestial, Hormel Foods, Kraft Heinz Co. and Pinnacle Foods have agreed to publicly reveal how they are assessing and managing the risk that water poses to global food supplies. 


Dean Best | 11 Sep 2015

Mondelez International was among a clutch of major players speaking at Barclays' investor conference in Boston this week and the snacks giant set out strategies to try to drive sales. In a busy week of M&A, US bakery giant Flowers Foods bought another organic bread maker, Unilever sold its Indian bakery arm and the owner of Quorn started an auction for the UK meat-free business.


Hannah Abdulla | 11 Sep 2015

This week, the Barclays Global Consumer Staples Conference took place in Boston with presentations from Mondelez International and Tyson Foods. Nomad Foods also presented and indicated plans to focus on cost-cutting with funds re-invested in the business for growth. Elsewhere, Flowers Foods announced its second acquisition in under a month in organic bread and McCormick & Co. pledged to increase the number of organic and Non-GMO products it sells in the US over the next year. Here is the week in quotes. 


Hannah Abdulla | 9 Sep 2015

Flowers Foods today (9 September) announced a deal to buy US organic and natural bread maker Alpine Valley Bread Co., its second move in the category in under a month.


Hannah Abdulla | 3 Sep 2015

Flowers Foods has introduced two "wholesome grain" snacks under its Mrs. Freshley's brand.


Hannah Abdulla | 14 Aug 2015

This week, Kraft Heinz Co. announced it was axing 2,500 jobs as it moves to "streamline" its structure. Elsewhere, Nestle reported its first-half numbers and cautiously indicated some improvement in China.


Dean Best | 14 Aug 2015

Russia this week said it would extend its restrictions on food imports to four more countries. In India, the ban on Nestle's Maggi noodles was overturned - although the products will have to be tested again. In the US, Kraft Heinz Co. announced plans to cut 2,500 jobs, while co-investor Warren Buffett cooled talk over a bid - in the short term at least - for Mondelez International. And in Europe, Nomad Foods struck a deal to buy Findus Group's operations in seven markets.


Hannah Abdulla | 13 Aug 2015

Flowers Foods, the US bakery group, is to acquire local organic bread company Dave's Killer Bread for US$275m.


Hannah Abdulla | 13 Aug 2015

US bakery group Flowers Foods has booked a jump in profits for the first half of the year on the back of higher sales.


Katy Askew | 10 Aug 2015

US baker Flowers Foods is expanding its snack cake brand Tastykake through the launch of a new line of mini cupcakes.


Dean Best | 29 May 2015

Hormel Foods' latest move to inject more growth into its business - a move for US organic meats firm Applegate Farms - grabbed the headlines this week. In Europe, France's Groupe Bel struck a deal in Africa and is to take a majority stake in Moroccan dairy Safilait.


Katy Askew | 28 May 2015

US baker Flowers Foods booked a mixed first quarter today (28 May), with lower sales and operating profit but higher net earnings.


Dean Best | 17 Apr 2015

Nestle this week admitted 3G Capital and Warren Buffett's investments in the food industry had led to "accelerate" efforts to "adjust" its portfolio. The food giant was also one of the companies reporting first-quarter results, a group that included Unilever, which saw food volumes rise 3%, although it remains too early to call a sustained recovery from the unit.


Dean Best | 10 Apr 2015

US bakery giant Flowers Foods will open a former Hostess Brands plant it acquired in 2013 this summer.


Dean Best | 27 Feb 2015

France's competition watchdog this week confirmed an announcement on its three-year long probe into allegations of a price fixing in the country's yoghurt sector is imminent. Elsewhere, US companies affected by the dispute on West Coast ports said the backlog would take weeks to clear.


Dean Best | 13 Feb 2015

It was a week of numbers on just-food, with PepsiCo, Kellogg, Flowers and Kraft all issuing a mixed bag of financial results. We were also present at Gulfood in Dubai this week, reporting on companies looking to make their mark in the Middle East. Elsewhere, Amira Nature Foods was caught up in corruption allegations and investment firm Arlon announced the acquisition of a stake in Brazilian frozen veg maker Grano Alimentos.


Katy Askew | 12 Feb 2015

US baker Flowers Foods has indicated it remains vigilant for M&A opportunities despite posting lower full-year sales and earnings.

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