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, 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. …
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. …
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. …
Flowers Foods, Inc. announced that effective December 31, 2023, D. Keith Wheeler, chief sales officer, will retire from the company after 35 years of service. Wheeler will step down from his current role on August 31, 2023, and will serve until his retirement as a senior advisor to Ryals McMullian, chairman, chief executive officer, and president of Flowers. …
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