Tasty Baking Co.

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US: Baker Flowers Foods cuts FY earnings forecast

25 May 2012

US baker Flowers Foods has cut its forecast for full-year earnings after a bond issue pushed up the company's interest charges.

US: Flowers Foods to expand former Tasty Baking plant

12 Apr 2012

US baker Flowers Foods is to expand a production facility it acquired through its purchase of regional rival Tasty Baking Co. last year.

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

13 Feb 2012

The US grabbed the industry headlines this week, with PepsiCo at last outlining its plans to drive growth at the business, although the measures it has lined up has led to more questions from Wall Street analysts. And the uncertainty around the sale of global snacks brand Pringles has intensified after prospective buyer Diamond Foods decided to appoint a new CEO and CFO after it found improper accounting at the company.

US: Baker Flowers forecasts return to profit growth

10 Feb 2012

Flowers Foods has forecast a return to earnings growth in 2012 despite continued pressure from input costs.

2011 in review - M&A activity fails to meet expectations

22 Dec 2011

A year ago, there was consensus that M&A activity would pick up in 2011. As we look back on the last 12 months, there were some major deals but concern over the economy meant the numbers of deals fell short of expectations. Dean Best reports.

US: Flowers Foods lowers FY profit target

17 Aug 2011

US baker Flowers Foods today (17 August) cut its guidance for full-year earnings after a slide in second-quarter profits.

US: Flowers Foods profits edge up

19 May 2011

US bread group Flowers Foods has booked a slight increase in first-quarter earnings, which were hit by one-time charges and declining sales volumes.

Best bits: Tesco's Clarke prepares for scrutiny

18 Apr 2011

Tomorrow (19 April), Tesco chief executive Philip Clarke will sit down with analysts and - later - the media to discuss the retailer's financial performance over the last 12 months.

Editor's choice: the highlights on just-food this week

15 Apr 2011

Flowers Foods, Supervalu Inc and Kraft Foods gave the top just-food headlines a distinctly American flavour this week. Flowers struck a deal to buy Tasty Baking, Supervalu, one of the largest grocers in the US, announced its annual results and Kraft said it was giving some of its smaller brands a marketing push. On this side of the pond, issues of reformulation and functional foods remained high on the industry's agenda. Click on on the headlines to find out more.

UPDATE: US: Flowers' Tasty buy builds on expansion strategy

11 Apr 2011

Flowers Foods' move to acquire Tasty Baking Co. builds on its strategy to drive branded sales and expand its geographic reach, a spokesperson for the US baker told just-food today (11 April).

US: Flowers Foods acquires Tasty Baking

11 Apr 2011

US bakers Flowers Foods and Tasty Baking Co. have reached a definitive merger agreement that will see Flowers take 100% control of the struggling Tastykake maker for approximately US$165m.

US: Banks give Tasty Baking reprieve but want sale or merger

17 Jan 2011

Lenders to Tasty Baking Co. have given the under-pressure US baker a reprieve but have insisted the company is either sold or pursues a merger.

Editor's choice: the highlights on just-food this week

7 Jan 2011

Here are the top stories on just-food this week.

US: Financial pressures force Tasty Baking to mull sale

5 Jan 2011

The management of Tasty Baking Co. has admitted it is considering selling the US baker as financial pressures linked to commodity costs and its new bakery hit the company.

US: Tasty Baking boss admits "challenging" Q3

1 Nov 2010

Tasty Baking Co. president and CEO Charles Pizzi said today (1 November) the US baker had had a "challenging" third quarter as the company continued to get to grips with its new production facility.

US: Tasty Baking swings to Q2 loss on lower sales

2 Aug 2010

US baker Tasty Baking Co. swung to a loss in the second quarter of the year thanks to costs linked to its new production facility but also a 7% fall in sales.

US: Factory fire, cold winter sour Tasty Baking Q1

6 May 2010

A factory fire, severe cold weather and interruption to output due to relocation has weighed on quarterly sales at Tasty Baking Co., deepening the US company's losses.

US: Tasty Baking full-year losses narrow

9 Mar 2010

Tasty Baking Co. today (9 March) posted narrowing full-year losses as sales edged up on the year.

US: Tasty Baking Co. moves production lines

23 Dec 2009

Tasty Baking Co. has announced the shift of two additional production lines to its new manufacturing facility, located in the Philadelphia Navy Yard.

INSIGHT: Tasty Baking factory opening to hit results - CEO

2 Nov 2009

Tasty Baking Co. said its operational results are likely to be pinched by the completion of its new manufacturing facility, which is located in the Philadelphia Navy Yard.

US: Tasty Baking losses narrow

2 Nov 2009

Tasty Baking Co. today (2 November) posted narrowing third-quarter losses as sales edged up on volume growth.

US: Tasty Baking forms alliance with NFL team

28 Sep 2009

Tasty Baking Co. has announced a multi-year, multi-platform marketing alliance with American football’s Pittsburgh Steelers.

US: Rising sales buoy Tasty Baking profits

3 Aug 2009

Tasty Baking Co., the US baking firm, has booked a jump in second-quarter profits on the back of rising sales.

US: Tasty Baking posts Q1 net loss

5 May 2009

Tasty Baking Co., the US bakery firm, posted a first-quarter net loss yesterday (4 May), despite a 7.8% increase in sales.

US: Tasty Baking in the red after Q4 losses

9 Mar 2009

Tasty Baking Co.’s fourth-quarter losses deepened the US bakery group’s full-year profit deficit, the company has revealed.

Peanut butter scare revives calls for reform

23 Jan 2009

Once again, a food safety scare has swept across the US causing fresh concern among US consumers and repeated calls for reform of how the country regulates its food supply. Dean Best examines the impact of the peanut butter salmonella outbreak.

US: Hershey, Mars, Tastykake peanut butter products "safe"

19 Jan 2009

In the face of the US nationwide recall of peanut butter products, Tasty Baking Co. and Mars Snackfood have followed Hershey’s lead in declaring their products safe.

US: Tasty Baking CFO leaves for Godiva

20 Mar 2008

Tasty Baking Co. CFO David Marberger is to quit the US baker to take the top finance job at upmarket chocolate maker Godiva.

US: Challenging Q4 weighs on Tasty Baking

28 Feb 2008

A dip in fourth-quarter revenue weighed on annual sales at Tasty Baking Co., the regional US baker.

Top stories on just-food this week

22 Feb 2008

The US government ordered one of the largest-ever recalls of meat in the country, while Hershey, the country's largest confectioner, continued its assault on the Indian market.


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