US baker Flowers Foods has typically increased sales by focusing on regional growth. During the group's investor day in New York this week,...
The private-equity owners of Hostess Brands are, according to reports, mulling a sale, just a year after buying the US snacks business. Ther...
| 13 Aug 2014
Shares in US bakery group Flowers Foods sank yesterday after it cut its earnings forecast for 2014 - but the company immediately sought to soothe investor concerns by looking to its longer-term prospects.
| 25 Mar 2014
Flowers Foods, the second-largest bakery group in the US, has been an active consolidator in the industry and the group remains on the hunt. Flowers plans to drive continued growth while also expanding its geographic footprint, with a significant proportion of revenue gains to come from M&A. Katy Askew reports.
| 17 Feb 2014
Read the financial statements and listen to the conference calls from US food manufacturers in recent days and it is clear: companies operating there are still facing tough conditions and cautious consumers.
| 14 Aug 2013
Flowers Foods will look at new markets for its enlarged portfolio of bread brands to boost volumes before it considers reopening the former Hostess Brands bakeries it acquired earlier this year.
| 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.
| 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.
| 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.
| 10 Apr 2015
US bakery giant Flowers Foods will open a former Hostess Brands plant it acquired in 2013 this summer.
| 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.
| 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.
| 12 Feb 2015
US baker Flowers Foods has indicated it remains vigilant for M&A opportunities despite posting lower full-year sales and earnings.
| 12 Nov 2014
Flowers Foods, the US baker, downgraded its sales and earnings forecasts for the full year as declining volumes weighed on the top line.
| 18 Aug 2014
Five months ago, Chiquita Brands International announced plans to merge with fellow banana supplier Fyffes. The deal was set to close by the end of the year. However, this week, an unsolicited takeover bid came in for Chiquita, which promptly rejected the offer. However, the suitors have indicated they may not go away easily. Elsewhere, our coverage of Russia's food embargo continued, we looked in-depth at the opportunities for growth in Japan in our latest management briefing and, in a new M&A column, we suggested Raisio sell up to private equity.
| 18 Aug 2014
This week, Chiquita Brands International was in the limelight as it received an unsolicited takeover bid from Brazilian juice maker Cutrale Group. Elsewhere, ConAgra Foods announced the closure of two popcorn factories in Ohio, and Campbell Soup Co.'s Plum Baby business announced its exit from the UK. just-food's management briefing series took a trip to Japan to see how food companies can succeed in a low-growth market.
| 12 Aug 2014
Shares in Flowers Foods tumbled today (12 August) after the US bakery group cuts its forecasts for annual sales and earnings.
| 15 Jul 2014
US baked goods firm Flowers Foods has promoted Bradley Alexander as chief operating officer.
| 15 May 2014
US bakery group Flowers Foods has reported lower first-quarter profits as costs linked to its acquisition of assets from the former Hostess Brands weighed on its bottom line.
| 31 Mar 2014
This week Cerebos Greggs announced the closure of its East Tamaki plant putting 125 jobs at risk. Job cuts were announced at Asda too as the company plans a restructure to cut costs. Ads and marketing campaigns were the centre of attention this week with Aldi getting its wrists slapped over the Swap and Save campaign and Sainsbury winning an appeal for a judicial review of Tesco's price promise. Here is the week in quotes
| 6 Mar 2014
Flowers Foods has inked a deal that provides Indiana-based baker Aunt Millie's Bakeries the license to produce and market Wonder and Home Pride breads in parts of the Midwest.
| 4 Mar 2014
Flowers Foods has partnered with Hershey to offer two snack cake products under the US bakery group's Mrs Freshley's brand.
| 12 Feb 2014
Mexican baker Grupo Bimbo has entered into an agreement to acquire Canada Bread, the bakery business majority-owned by Canadian food group Maple Leaf Foods.
| 6 Feb 2014
Shares in Flowers Foods slipped in early trading in the US today (6 February) after the US bakery giant's fourth-quarter earnings - and its guidance for 2014 - were under Wall Street forecasts.
| 21 Nov 2013
Grupo Bimbo and Flowers Foods are said to be among early bidders for Canada Bread, the bakery business majority-owned by Canadian food group Maple Leaf Foods.
| 7 Nov 2013
Flowers Foods has booked an increase in sales and earnings during the first nine months of the year, but shares sank today (7 November) when the group failed to hit analyst forecasts.
| 10 Oct 2013
US baker Flowers Foods is to re-open a plant formerly owned by rival Hostess Brands, which was wound down earlier this year.
| 19 Aug 2013
A selection of quotes and insight from last week's news.
| 13 Aug 2013
US baker Flowers Foods saw its earnings and sales climb in the first half, boosted by gains from recent acquisitions.
| 16 May 2013
US baker Flowers Foods recorded an increase in earnings in the first quarter driven by gains from a recent acquisition.
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