Flowers Foods Inc
FLO
$12.03 1.26%
Exchange: NYSE | Sector: Consumer Defensive | Industry: Packaged Foods
Q4 2024
Published: Feb 18, 2025

Earnings Highlights

  • Revenue of $1.11B down 1.6% year-over-year
  • EPS of $0.20 increased by 17.7% from previous year
  • Gross margin of 48.8%
  • Net income of 43.12M
  • "Our team accomplished a lot in 2024. We grew dollars and units in tracked channels across our branded bread portfolio, helped by innovation and strong market execution." - Ryals McMullian

Flowers Foods Inc (FLO) Q4 2024 Results: Navigating Challenges Amid Strained Market Conditions

Executive Summary

In Q4 2024, Flowers Foods Inc reported revenues of $1.11 billion, reflecting a year-over-year decline of 1.59% and a quarter-over-quarter decrease of 6.67%. The company's gross profit margin increased slightly to 48.8%. Despite lower sales, profitability metrics such as net income rose by 20.87% year-over-year, reflecting effective cost management amidst declining market conditions. Management's guidance for 2025 indicates caution due to ongoing strain from the sweet baked goods category and fluctuating consumer demand.

Key Performance Indicators

Revenue

1.11B
QoQ: -6.67% | YoY:-1.59%

Gross Profit

542.66M
48.84% margin
QoQ: -8.39% | YoY:0.25%

Operating Income

65.64M
QoQ: -27.21% | YoY:31.56%

Net Income

43.12M
QoQ: -33.64% | YoY:20.87%

EPS

0.20
QoQ: -35.48% | YoY:17.65%

Revenue Trend

Margin Analysis

Key Insights

  • **Revenue**: $1.11 billion (YoY: -1.59%, QoQ: -6.67%)
  • **Gross Profit**: $542.66 million (YoY: +0.25%, QoQ: -8.39%)
  • **Operating Income**: $65.64 million (YoY: +31.56%, QoQ: -27.21%)
  • **Net Income**: $43.12 million (YoY: +20.87%, QoQ: -33.64%)
  • **EPS**: $0.20 (YoY: +17.65%, QoQ: -35.48%) ### Key Ratio Metrics

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2025 1,554.23 0.25 -1.4% View
Q4 2024 1,111.13 0.20 -1.6% View
Q3 2024 1,190.56 0.31 -0.7% View
Q2 2024 1,224.98 0.32 -0.3% View
Q1 2024 1,576.82 0.34 +2.8% View