Flowers Foods Inc
NYSE:FLO
FLO's latest stock split occurred on Jun 20, 2013
The company executed a 3-for-2 stock split, meaning that for every 2 shares held, investors received 3 new shares.
Before the split, FLO traded at 34.25 per share. Afterward, the share price was about 14.9963.
The adjusted shares began trading on Jun 20, 2013. This was FLO's 9th stock split, following the previous one in Jun 27, 2011.
WTO
Flowers Foods Inc
Glance View
Amid the textured landscape of America's food production industry, Flowers Foods Inc. has carved a distinctive niche. Founded in 1919 and headquartered in Thomasville, Georgia, the company has grown from a regional family-owned bakery to a prominent player on the national stage. Flowers Foods operates primarily in the realm of packaged baked goods, renowned for its popular brands such as Nature’s Own, Wonder Bread, and Dave’s Killer Bread. Through strategic acquisitions and brand innovation, Flowers Foods has steadily expanded its market presence, enabling shelves across the United States to feature its diverse range of products. This strategic focus allows them to reach multiple consumer demographics, from health-conscious individuals to those drawn to classic, nostalgic bread products. At the heart of Flowers Foods' operations is an efficient production and distribution network that plays a pivotal role in its profitability. The company operates more than 40 bakeries, each with the capacity to produce millions of loaves, rolls, and snack cakes annually. By leveraging this expansive infrastructure, Flowers Foods optimizes its supply chain, combining scale and agility to ensure consistent product availability. Revenue flows primarily from wholesale distribution to grocery chains and foodservice accounts, augmented by direct-store delivery (DSD), which offers higher efficiency and lower logistics costs. This operational model not only secures deep penetration in established markets but also allows the company to respond swiftly to shifting consumer preferences, thereby securing its role as a mainstay in American households and continuing its history of financial growth.
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