Flowers Foods, Inc. to Acquire Simple Mills
The addition of Simple Mills expands Flowers’ exposure to better-for-you and attractive snacking segments and enhances the company’s growth and margin prospects. …
Flowers Foods
Flowers Foods, Inc. Reports Second Quarter 2024 Results
Year-to-date, through the second quarter of fiscal 2024, cash flow from operating activities increased $39.5 million to $168.4 million, capital expenditures decreased $7.1 million to $61.3 million, and dividends paid to shareholders increased $3.8 million to $101.9 million. Cash and cash equivalents were $6.9 million at quarter end. …
Flowers Foods Names James Simms to Lead DSD Sales Operations
Flowers Foods, Inc. has named James Simms executive vice president of DSD (direct store distribution) sales operations. In this newly created role, Simms reports to Heeth Varnedoe, president and chief operating officer. …
Adapting to Change: Flowers Foods’ Journey in the Evolving Baking Industry
In a surprising turn of events, Flowers Foods has recently been downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating. It is important to recognize that this downgrade comes amidst several changes within the baking industry as a whole. …
Flowers Foods Announces Appointment of Heeth Varnedoe as President, Names Terry Thomas Chief Growth Officer
Heeth Varnedoe, chief operating officer at Flowers, will begin serving as president and chief operating officer of the company. Varnedoe has held a number of key management roles at Flowers, including chief transformation officer, senior vice president of DSD Regions/Sales, and president of the Phoenix bakery. …