Flowers Foods Maintains FY24 Financial Outlook For Sales Of $5.091B - $5.172B (Est $5.157B), Adjusted EPS Of $1.20 - $1.30 (Est $1.22)
Portfolio Pulse from Benzinga Newsdesk
Flowers Foods has maintained its financial outlook for FY24, projecting sales between $5.091 billion and $5.172 billion, and adjusted EPS between $1.20 and $1.30. These estimates are in line with market expectations.
August 16, 2024 | 11:19 am
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Flowers Foods has reaffirmed its FY24 financial outlook, with sales expected to be between $5.091 billion and $5.172 billion, and adjusted EPS between $1.20 and $1.30. These figures are in line with market estimates, suggesting stability in the company's financial performance.
The reaffirmation of the financial outlook indicates stability and predictability in Flowers Foods' performance. Since the projections align with market expectations, the short-term impact on the stock price is likely to be neutral.
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