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Flowers Foods Inc (NYSE:FLO) reported a fourth-quarter sales decline of 1.6% year-on-year to $1.11 billion, missing the analyst consensus estimate of $1.13 billion. Adjusted EPS of $0.22 beat the ...
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Flower Foods (NYSE:FLO) reported its latest quarterly earnings results late in the day Wednesday, which sent its shares sliding after the bell as the baked goods company’s earnings were below ...
(Tastykake stock closed at $1.61 per share at the end of the previous trading day.) [15] The sale to Flowers Foods was good news to Pennsylvania taxpayers, because Tastykake borrowed approximately $80 million to fund its new location in South Philadelphia, about half of which was from state lending programs.
Main bakery in Thomasville, Georgia. In 1919, brothers William Howard and Joseph Hampton Flowers opened Flowers Baking Company in Thomasville, Georgia. [4] They made their first acquisition, of Tally Maid bakery, in 1937, and in 1942, became the sixth bakery in the U.S. to franchise Quality Bakers of America’s Sunbeam brand and Little Miss Sunbeam for its white bread.
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Flowers Foods, one of the southern U.S. region distributors, bought Holsum Bakery in 2008. [2] The Long Company [3] was named after its founder William Edgar Long. In 1928, Long created and pioneered the concept of packaging sliced bread two years before the Wonder brand of packaged sliced bread appeared on store shelves.