Investing.com - Flowers Foods reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Flowers Foods announced earnings per share of $0.19 on revenue of $1.16B. Analysts polled by Investing.com EPS of $0.24 on revenue of $1.09B.
Flowers Foods 's are up 8.34% and is trading at $29.76 , still down 0.27% from its 52 week high of $29.84 set on Friday, November 25, 2022.
Flowers Foods follows other major Consumer Staples sector earnings this month
Flowers Foods's report follows an earnings beat by Walmart on Tuesday, November 15, 2022, who reported EPS of $1.5 on revenue of $152.8B, EPS of $1.32 on revenue of $147.55B.
Mondelez had beat expectations on Tuesday, November 1, 2022 with third quarter EPS of $0.74 on revenue of $7.76B, for EPS of $0.69 on revenue of $7.41B.
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