Flowers Foods, Inc.

Overview

Date Founded

1919

Headquarters

1919 FLOWERS CIRCLE, THOMASVILLE, GA, 31757

Type of Company

Public

Employees (Worldwide)

9,700

Industries

Retail: Food & Beverage
Food

Company Description

Flowers Foods (NYSE: FLO), headquartered in Thomasville, Ga., is a leading producer and marketer of packaged bakery foods in the United States. The company operates 44 highly efficient bakeries that produce breads, buns, rolls, snack cakes, and pastries, which are distributed fresh to foodservice and retail customers in the Southeastern, Southwestern, and mid-Atlantic states and frozen to national foodservice and retail customers. Flowers' top brands include Nature's Own, Whitewheat, Cobblestone Mill, Tastykake, Mrs. Freshley's, European Bakers, BlueBird, and Mi Casa and regional brands that include ButterKrust, Captain John Derst's, Evangeline Maid, and Mary Jane & Friends. Among the company's top regional brands are Sunbeam, Bunny, Mary Jane, Aunt Hattie's, and Holsum. Flowers Foods is a leader in the baking industry. The company maintains some of the most efficient and technologically advanced bakeries in the country. Flowers is dedicated to providing delicious, quality baked foods at a good value. In fiscal 2012, Flowers Foods had sales of $3.0 billion. Income from continuing operations was $136.1 million.

Website

http://www.flowersfoods.com

Contact Data

Trying to get in touch with decision makers at Flowers Foods, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!

In The News

Nasdaq

January 13, 2021

7 Hot Stocks That Will Keep You Energized With 3%-Plus Yields

RelSci

January 4, 2021

William Jameson McFadden is now serving in a new board position at Flowers Foods, Inc.

RelSci

January 4, 2021

Heeth Varnedoe is now serving in a new position at Flowers Foods, Inc.

PR Newswire

December 9, 2020

Flowers Foods Names Heeth Varnedoe Chief Transformation Officer

Nasdaq

December 4, 2020

Amended - Flowers Foods Issues Voluntary Recall Of Two Canyon Bakehouse Products Due To Possible Presence Of Gluten

Reveal deeper insights into your organization's relationships
with RelSci Contact Aggregator.

Empower Your Business Applications with Industry-Leading
Relationship Data from the RelSci API.

Get Contact Information on the
World's Most Influential Decision Makers.

Discover the Power of Your Network with
RelSci Premium Products.

Executives & Employees

A. Ryals McMullian

President & Chief Executive Officer

R. Steve Kinsey

Chief Financial Officer & Chief Accounting Officer

Bradley K. Alexander

Chief Operating Officer

Debobrata Mukherjee

Chief Marketing Officer

Mark Chaffin

Chief Information Officer

Brad Cashaw

Chief Supply Chain Officer

Heeth Varnedoe

Chief Transformation Officer

H. Mark Courtney

Chief Brand Officer

Tonja W. Taylor

Chief Human Resources Officer

D. Keith Wheeler

Chief Sales Officer

Board of Directors

George E. Deese

Finance & Audit Committee at Georgia Research Alliance, Inc.

Edward J. Casey, Jr.

Chief Executive Officer at Idemia Identity & Security USA LLC

Benjamin H. Griswold IV

Senior Advisor at Brown Advisory, Inc.

Thomas C. Chubb III

Chairman, Chief Executive Officer & President at Oxford Industries Inc

Melvin T. Stith

Former Interim President at Norfolk State University

Margaret G. Lewis

Former President-Capital Division at HCA Healthcare, Inc.

A. Ryals McMullian

President & Chief Executive Officer at Flowers Foods, Inc.

Rhonda O. Gass

Vice President & Chief Information Officer at Stanley Black & Decker, Inc.

C. Martin Wood III

Managing Partner at Wood Associates, Inc.

James T. Spear

Former Chief Financial Officer & Executive Vice President at CDH-Delnor Health System

Trending Organizations

Paths to Flowers Foods, Inc.

Potential Connections via
Relationship Science

You

Flowers Foods, Inc.

Owners & Shareholders

Details Hidden

Wellington Shields Capital Management LLC

WSCM’s portfolio managers may use different methods of analysis such as fundamental analysis; technical analysis; charting; third-party manager analysis; and mutual fund and/or ETF/ETN analysis. Their investment strategies include long-term purchases; short-term purchases; margin transactions; and option transactions. The firm may use a “spreading strategy”, in which they purchase two or more option contracts for the same underlying security.

Details Hidden

Hamlin Capital Management LLC

Hamlin Capital Management is a long-term, long-only, fundamental investor. The firm invests in municipal bonds and high dividend-yielding equities. They manage equity and fixed-income assets with a focus on income generation, capital preservation and after-tax returns.

Details Hidden

Southeast Asset Advisors, Inc.

SAA manages portfolio on an individual basis, based on their understanding of clients’ goals, risk tolerance, liquidity needs and other factors. Their investment approach focuses on asset allocation. While the firm prefers a value-oriented investment approach, portfolios are diversified across both value and growth stocks. Portfolios are generally invested in mutual funds, individual stocks and bonds, ETFs, separate account managers (SAMs) and private investment funds or partnerships. SAA generally applies traditional bottom-up fundamental research in selecting individual securities.

Recent Transactions

Details Hidden

Flowers Foods, Inc. purchases Canyon Bakehouse LLC

Details Hidden

Associated British Foods Plc, AB Mauri Food, Inc. purchase Specialty Blending Co. LLC from Flowers Foods, Inc.

Details Hidden

Flowers Foods, Inc. purchases Alpine Valley Bread Co.

Transaction Advisors

Legal Advisor

Jones Day

Advised onSchwan's Shared Services LLC purchases Mrs Smiths Frozen Pie Business from Flowers Foods, Inc.

Investment Advisor

Deutsche Bank AG

Advised onFlowers Foods, Inc. purchases Alpine Valley Bread Co.

Accountant

PricewaterhouseCoopers LLP

Advised onSchwan's Shared Services LLC purchases Mrs Smiths Frozen Pie Business from Flowers Foods, Inc.

Legal Advisor

Lizanne Thomas

Advised onFlowers Foods, Inc. purchases Holsum Bakery, Inc.

Legal Advisor

William J. Zawrotny

Advised onFlowers Foods, Inc. purchases Holsum Bakery, Inc.

Legal Advisor

Sterling Spainhour

Advised onFlowers Foods, Inc. purchases Holsum Bakery, Inc.

Advisors & Consultants

Legal Advisor

Marilyn W. Sonnie

Partner at Jones Day

Legal Advisor

Edward F. Petrosky

Partner at Sidley Austin LLP

Special Advisor

Allen L. Shiver

Co-Chairman-Industry Affairs Council at Consumer Brands Association

Clients

George Weston Limited

George Weston Limited is a Canadian public company, founded in 1882, engaged in food processing and distribution. The Company has two reportable operating segments: Weston Foods and Loblaw, and holds cash and short term investments. Supported by a strong balance sheet, the Company seeks long-term, stable growth in its operating segments through continuous capital investment. Weston is committed to creating value for its shareholders and employees, and to supporting the communities in which it operates.

Walmart, Inc.

Walmart, Inc. engages in retail and wholesale business. The Company offers an assortment of merchandise and services at everyday low prices. It operates through the following business segments: Walmart U.S., Walmart International, and Sam's Club. The Walmart U.S. segment operates as a merchandiser of consumer products, operating under the Walmart, Wal-Mart, and Walmart Neighborhood Market brands, as well as walmart.com and other eCommerce brands. The Walmart International segment manages supercenters, supermarkets, hypermarkets, warehouse clubs, and cash & carry outside of the United States. The Sam's Club segment comprises membership-only warehouse clubs and samsclubs.com. The company was founded by Samuel Moore Walton and James Lawrence Walton in 1945 and is headquartered in Bentonville, AR.

Performance Food Group Co.

Performance Food Group Co. engages in the market and distribution of food products. It operates through the following segments: Foodservice and Vistar. The Foodservices segment delivers food and food-related products to independent restaurants, chain restaurants, and other institutional food-away-from-home locations. The Vistar segment offers candy, snack, and beverage to customers in the vending, office coffee services, theater, retail, and other channels. The company was founded in 1885 and is headquartered in Richmond, VA.

Key Stats and Financials As of 2019

Market Capitalization

$4.68B

Total Enterprise Value

$5.88B

Earnings Per Share

$0.78

Revenue

$4.12B

Net Profit

$165M

EBITDA

$414M

EBITDAMargin

10.04%

Total Debt

$1.28B

Total Equity

$1.26B

Enterprise Value / Sales

1.43x

Enterprise Value EBITDAOperating

13.29x

TEVNet Income

35.75x

Debt TEV

0.22x

Three Year Compounded Annual Growth Rate Of Revenue

1.65%

Five Year Compounded Annual Growth Rate Of Revenue

1.93%

Non-Profit Donations & Grants

$1 - $500

2009

Winston-Salem Foundation

Political Donations

$2,500

2014

Bruce E. Westerman

$2,500

2014

Eric A. Crawford

$1,000

2014

Earl L. Carter

Suppliers

Liberty Property Trust Real Estate Investment Trusts | Malvern, PA

Liberty Property Trust (NYSE:LRY) is a $6.9 billion real estate investment trust which owns 77.8 million square feet of office and industrial space in more than 21 markets throughout the United States and the United Kingdom (as of Sep. 30, 2012). Founded in 1972 and headquartered outside of Philadelphia, Liberty develops, acquires, leases and manages properties with the mission to enhance people's lives through extraordinary work environments. As an extension of this promise, Liberty is one of the nation's leading developers of high-performance green buildings. Liberty's more than 700 office and industrial properties offer exceptional locations, flexible design, thoughtful amenities, cost efficient operations and state-of-the-art technology to the company's 2,300 tenants. Liberty continuously increases the value of its portfolio through expert management, marketing and development

Quality Bakers of America, Inc. Parsippany, NJ

Tyson Foods, Inc. Advertising & Marketing | Springdale, AR

Tyson Foods, Inc. engages in the production of processed food. It operates through the following segments: Chicken, Beef, Pork and Prepared Foods. The Chicken segment involves in domestic operations related to raising and processing live chickens into fresh, frozen and value-added chicken products, as well as sales from allied products. The Beef segment includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. The Pork segment comprises operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. The Prepared Foods segment manufactures and markets frozen and refrigerated food products and logistic operations to move products through the supply chain. The company was founded by John W. Tyson in 1935 and is headquartered in Springdale, AR.

Competitors

Campbell Soup Co. Food - Camden, NJ

Campbell Soup Co. engages in manufacture and marketing of convenience food products such as soup, simple meals, snacks, and healthy beverages. It operates through the following segments: Meals and Beverages, and Snacks. The Meals and Beverages segment includes the retail and food service businesses in the U.S., Canada and Latin America. The Snacks segment offers Pepperidge Farm cookies, crackers, bakery and frozen products in U.S. retail, Arnott's biscuits in Australia and Asia Pacific, and Kelsen cookies globally. The company was founded on November 23, 1922 and is headquartered in Camden, NJ.

Tyson Foods, Inc. Livestock & Animals - Springdale, AR

Tyson Foods, Inc. engages in the production of processed food. It operates through the following segments: Chicken, Beef, Pork and Prepared Foods. The Chicken segment involves in domestic operations related to raising and processing live chickens into fresh, frozen and value-added chicken products, as well as sales from allied products. The Beef segment includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. The Pork segment comprises operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. The Prepared Foods segment manufactures and markets frozen and refrigerated food products and logistic operations to move products through the supply chain. The company was founded by John W. Tyson in 1935 and is headquartered in Springdale, AR.

Grupo Bimbo SAB de CV Retail: Food & Beverage - Mexico City, Mexico

Grupo Bimbo SA de CV engages in the manufacturing, distribution, and sale of baked products. It operates through the following geographical segments: Mexico, North America, Latin America, and Europe. It offers fresh and frozen sliced bread, buns, cookies, snack cakes, English muffins, bagels, pre-packaged foods, tortillas, salted snacks, and confectionery goods. The company was founded by Lorenzo Servitje, Roberto Servitje Sendra, Jaime Jorba, Alfonso Velasco, Jaime Sendra, and José T. Mata on December 2, 1945 and is headquartered in Mexico City, Mexico.

Awards & Honors

Rank #615

2016

Fortune Magazine - Fortune 1000 Companies