Flowers Foods' Q3 Earnings Coming Up: Here's What You Should Know

Zacks11-06

Flowers Foods, Inc. FLO is likely to register bottom-line growth when it reports third-quarter 2024 earnings on Nov. 8. The consensus mark for earnings has remained unchanged in the past 30 days at 30...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2481670761?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/pLnLhlA4C0mNUgiyW5sW6g--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/35c687708a92dc1852487b4945bc1b43","is_english":true,"pubTime":"2024-11-06 19:05","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2481670761","market":"us","top_or_hot":-1,"title":"Flowers Foods' Q3 Earnings Coming Up: Here's What You Should Know","media":"Zacks","content":"<div>\n<p>Flowers Foods, Inc. FLO is likely to register bottom-line growth when it reports third-quarter 2024 earnings on Nov. 8. The consensus mark for earnings has remained unchanged in the past 30 days at 30...</p>\n\n<a href=\"https://finance.yahoo.com/news/flowers-foods-q3-earnings-coming-110500683.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Flowers Foods' Q3 Earnings Coming Up: Here's What You Should Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFlowers Foods' Q3 Earnings Coming Up: Here's What You Should Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-06 19:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/flowers-foods-q3-earnings-coming-110500683.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Flowers Foods, Inc. FLO is likely to register bottom-line growth when it reports third-quarter 2024 earnings on Nov. 8. The consensus mark for earnings has remained unchanged in the past 30 days at 30...</p>\n\n<a href=\"https://finance.yahoo.com/news/flowers-foods-q3-earnings-coming-110500683.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FLO","symbol_name":"花苑食品","start_time":0,"source_url":"https://finance.yahoo.com/news/flowers-foods-q3-earnings-coming-110500683.html","article_id":"2481670761","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/pLnLhlA4C0mNUgiyW5sW6g--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/35c687708a92dc1852487b4945bc1b43"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481670761","pubTimestamp":1730891100,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Flowers Foods, Inc. FLO is likely to register bottom-line growth when it reports third-quarter 2024 earnings on Nov. 8. The consensus mark for earnings has remained unchanged in the past 30 days at 30 cents per share, indicating an increase of 3.5% from the figure reported in the year-ago quarter.Flowers Foods has been benefiting from its portfolio strategy, as part of which it is transitioning a larger part of its sales to higher-margin branded retail products, alongside enhancing the profitability of the private label and away-from-home business. The company has been solidifying its brands via innovation and marketing investments. It has been benefiting from its branded portfolio, with brands like Dave's Killer Bread, Wonder and Canyon continuing to lead the market.Flowers Foods, Inc. Price, Consensus and EPS Surprise. Flowers Foods, Inc. price-consensus-eps-surprise-chart | Flowers Foods, Inc. Quote","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"FLO":"花苑食品","SG":"Sweetgreen, Inc.","JACK":"Jack In The Box Inc","OLLI":"Ollie's Bargain Outlet Holdings, Inc."},"translate_title":"Flowers Foods第三季度收益即将公布：以下是您应该了解的内容","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FLO":1,"JACK":0.9,"OLLI":0.9,"SG":0.9},"content_text":"Flowers Foods, Inc. FLO is likely to register bottom-line growth when it reports third-quarter 2024 earnings on Nov. 8. The consensus mark for earnings has remained unchanged in the past 30 days at 30 cents per share, indicating an increase of 3.5% from the figure reported in the year-ago quarter.\nFLO has a trailing four-quarter earnings surprise of 1.9%, on average. The Zacks Consensus Estimate for revenues is pegged at $1.2 billion, almost in line with the prior-year quarter’s reported figure.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.\nThings to Consider Ahead of FLO’s Upcoming Results\nFlowers Foods has been benefiting from its portfolio strategy, as part of which it is transitioning a larger part of its sales to higher-margin branded retail products, alongside enhancing the profitability of the private label and away-from-home business. The company has been solidifying its brands via innovation and marketing investments. It has been benefiting from its branded portfolio, with brands like Dave's Killer Bread, Wonder and Canyon continuing to lead the market.\n\nFlowers Foods, Inc. Price, Consensus and EPS Surprise \nFlowers Foods, Inc. price-consensus-eps-surprise-chart | Flowers Foods, Inc. Quote\n\nHowever, the challenging consumer environment, characterized by inflationary pressures, has led to shifts in spending habits. Consumers are opting for more cost-effective at-home dining options, which have affected Flowers Foods in the quick-service restaurant segment — a crucial part of its business. This volatility in consumer spending raises concerns about the potential for continued weakness in this channel, which could impede recovery and impact profitability. Our model suggests a 0.5% dip in volumes for the third quarter.Any volatility in ingredient costs is also a concerning factor. That said, the company has been undertaking pricing and saving measures and efforts to enhance business efficiency. Flowers Foods has been enhancing its cost structure and increasing its expected annual savings from $30-$40 million to $40-$50 million in the second-quarter 2024 earnings release. This was achieved through targeted initiatives, including workforce reductions, reduced third-party spending and optimization of the Direct-Store-Delivery network. These factors bode well for the quarter under review. We expect pricing to be up 0.7%, and the adjusted operating margin to expand 50 basis points to 7.6% in the third quarter.\nEarnings Whispers for FLO\nOur proven model doesn’t conclusively predict an earnings beat for Flowers Foods this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.Flowers Foods carries a Zacks Rank #3 and has an Earnings ESP of -0.85%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.\nSome Stocks With Favorable Combination\nHere are some companies worth considering, as our model shows that these have the correct combination to beat on earnings this time around.Ollie's Bargain Outlet Holdings, Inc. OLLI currently has an Earnings ESP of +1.50% and a Zacks Rank of 3. OLLI's top line is anticipated to increase year over year when it reports third-quarter fiscal 2024 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $519 million, which implies 8.1% growth from the year-ago quarter’s reported figure. You can see the complete list of today’s Zacks #1 Rank stocks here.The company is expected to register an increase in the bottom line. The consensus estimate for Ollie's Bargain’s third-quarter earnings is pegged at 57 cents per share, indicating 11.8% growth from the year-ago quarter. OLLI has a trailing four-quarter earnings surprise of 7.9%, on average.Sweetgreen, Inc. SG currently has an Earnings ESP of +4.76% and a Zacks Rank of 3. SG is likely to register growth in its top and bottom lines when it reports third-quarter 2024 results. The Zacks Consensus Estimate for Sweetgreen’s quarterly revenues is pegged at $173.7 million, which indicates an increase of 13.2% from the figure reported in the prior-year quarter.The consensus estimate for SG’s bottom line is expected to increase 27.3% from the year-ago quarter’s number. Sweetgreen delivered a negative average earnings surprise of almost 12% in the trailing four quarters.Jack in the Box Inc. JACK has an Earnings ESP of +1.28% and a Zacks Rank of 3. The company is likely to register a top-line decline when it reports fiscal fourth-quarter fiscal 2024 results. The Zacks Consensus Estimate for JACK’s quarterly revenues is pegged at $357.9 million, which indicates a dip of 3.9% from the figure reported in the prior-year quarter.The consensus estimate for Jack in the Box’s quarterly earnings has declined by 2 cents over the past 30 days to $1.12 per share. The figure indicates growth of 2.8% from the year-ago quarter’s number. JACK delivered an average earnings surprise of 1.7% in the trailing four quarters.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nJanus Henderson Sustainable & Impact Core Bond ETF (JACK) : Free Stock Analysis Report\nFlowers Foods, Inc. (FLO) : Free Stock Analysis Report\nOllie's Bargain Outlet Holdings, Inc. (OLLI) : Free Stock Analysis Report\nSweetgreen, Inc. (SG) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481670761"}