Flowers Foods

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Why Flowers Foods organic bread deal is a killer

Flowers Foods last week announced the acquisition of organic bread maker Dave's Killer Bread, a move which accelerates its growth in the org...

How will Flowers Foods grow in speciality bread?

US baker Flowers Foods has typically increased sales by focusing on regional growth. During the group's investor day in New York this week,...

Imminent Hostess Brands sale would be surprise

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.

Flowers looks to soothe market after forecast cut

Hannah Abdulla | 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.

Focus: M&A remains core for acquisitive Flowers

Katy Askew | 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.

Editor's viewpoint: US consumer chill lingers

Dean Best | 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.

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Food industry quotes of week - Kraft Heinz, Nestle

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.

Industry news of week - Russia ban, Maggi ruling

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.

Flowers Foods buys organic co. Dave's Killer Bread

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.

Flowers H1 profits up on higher sales

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.

Flowers launches Tastykake mini cupcake line

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.

Food industry news of week: Applegate, Bel

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.

Flowers Foods sees mixed Q1

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.

Food industry news of the week: Nestle, Unilever

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.

Flowers Foods set to open ex-Hostess plant

Dean Best | 10 Apr 2015

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

Food news of the week: yoghurt cartel, US ports

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.

Food industry quotes of week: Mondelez, Kellogg

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.

Flowers Foods remains on M&A trail

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.

Flowers Foods lowers sales, earnings outlook

Katy Askew | 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.

Editor's choice: highlights on just-food last week

Dean Best | 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.

Quote, unquote: just-food's week in words

Hannah Abdulla | 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.

US bakery group Flowers cuts earnings forecast

Dean Best | 12 Aug 2014

Shares in Flowers Foods tumbled today (12 August) after the US bakery group cuts its forecasts for annual sales and earnings.

Flowers Foods names Alexander COO

Hannah Abdulla | 15 Jul 2014

US baked goods firm Flowers Foods has promoted Bradley Alexander as chief operating officer.

Shares in Flowers Foods dip on Q1 profit drop

Hannah Abdulla | 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.

Quote, unquote: just-food's week in words

Hannah Abdulla | 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

Flowers licenses Wonder, Home Pride in Midwest

Katy Askew | 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.

Flowers, Hershey partner for Mrs Freshley's NPD

Katy Askew | 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.

Grupo Bimbo secures Canada Bread acquisition

Katy Askew | 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.

Q4 profits, 2014 outlook hit Flowers Foods shares

Dean Best | 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.

Bimbo, Flowers "bid for Canada Bread"

Dean Best | 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.

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