welcome
Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Why Flowers Foods, Inc. (FLO) is the Best Food Stock to Buy Under $20

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
Nutrition label

82% Informative

Flowers Foods, Inc. ( NYSE : FLO ) produces and markets packaged foods in the US , such as buns, bagels, English muffins, tortillas, and breads.

Food demand is growing with an increase in the world’s population, resulting in changes in consumption patterns.

Recent consumer spending trends highlight a shift towards healthier and functional foods that support overall well-being.

Experts believe that trends surrounding higher food prices are likely to persist.

Flowers Foods, Inc. ( NYSE : FLO ) grew its net income by 20.9% in fiscal Q4 2024 to $43.1 million .

This growth was attributed to higher operating income resulting from the optimization of its non-retail business, moderating ingredient costs, and cost-saving initiatives taken by the company.

Management expects continued strong execution in fiscal 2025 .