Flowers Foods

Rank#5953

Market Cap1.19B

CountryUnited States

Summary

Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries comprising 44 owned and two leased. Its customers include mass merchandisers, supermarkets and other retailers, convenience stores, national and regional restaurants, quick-serve chains, retail in-store bakeries, foodservice distributors, food wholesalers, institutions, dollar stores, and vending companies. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.

History

In 1919, brothers William Howard and Joseph Hampton Flowers opened Flowers Baking Company in Thomasville, Georgia. They made their first acquisition, of Tally Maid bakery, in 1937, and in 1942, became the sixth bakery in the U.S. to franchise Quality Bakers of America’s Sunbeam brand and Little Miss Sunbeam for its white bread.After acquiring bakeries in Florida, Alabama, and Georgia in the mid-to-late 1960s, the company in 1968 made an initial public offering, changed its name to Flowers Industries and began trading over-the-counter. Less than a year later, Flowers was listed on the American Stock Exchange. In 1982, the company listed on the New York Stock Exchange under the ticker symbol FLO, and the following year was listed for the first time on the Fortune 500 list of the largest U.S. Industrial corporations, at number 470.

Mission

Nourishing lives with delicious, quality bakery foods and providing opportunities for individual and community growth.

Vision

To be the proud producers of the world’s best-loved branded bakery foods.

References

https://en.wikipedia.org/wiki/Flowers_Foods

https://in.investing.com/equities/flowers-foods

https://finance.yahoo.com/quote/FLO/profile?p=FLO

https://www.comparably.com/companies/flowers-foods/mission

https://www.crunchbase.com/organization/flowers-foods

https://sec.report/CIK/0001128928

https://companiesmarketcap.com/