Flowers Foods Sees FY23 Net Income Per Diluted Common Share $1.10-$1.17
Portfolio Pulse from Benzinga Newsdesk
Flowers Foods has provided its full year fiscal 2023 guidance, estimating a net income per diluted common share in the range of $1.10 to $1.17. This includes business process improvement costs, restructuring charges, and acquisition-related costs.
August 10, 2023 | 8:13 pm
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Flowers Foods has projected its FY23 net income per diluted common share to be between $1.10 and $1.17. The forecast includes costs related to business process improvements, restructuring, and acquisitions.
The company's earnings guidance is a key factor that investors consider when making investment decisions. While the guidance includes various costs, it does not indicate whether this is better or worse than market expectations, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100