Flowers Foods, Inc. (FLO)

Flowers Foods Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021	Dec 28, 2019
Revenue	5,133	5,091	4,806	4,331	4,388	4,124
Revenue Growth (YoY)	4.66%	5.93%	10.97%	-1.30%	6.40%	4.36%
Cost of Revenue	2,628	2,632	2,502	2,175	2,196	2,156
Gross Profit	2,505	2,459	2,304	2,156	2,192	1,968
Selling, General & Admin	2,153	2,120	1,851	1,720	1,693	1,575
Other Operating Expenses	171.01	166.11	150.02	140.8	176.97	167.72
Operating Expenses	2,324	2,286	2,001	1,861	1,870	1,743
Operating Income	180.65	172.87	303.22	294.92	321.49	225.43
Interest Expense / Income	37.07	36.61	28.92	31.53	38.79	38.85
Other Expense / Income	-19.66	-20.85	-24.42	-7.39	81.99	-25.5
Pretax Income	163.24	157.11	298.71	270.77	200.71	212.08
Income Tax	37.49	33.69	70.32	64.59	48.39	47.55
Net Income	125.75	123.42	228.39	206.19	152.32	164.54
Net Income Growth	-41.11%	-45.96%	10.77%	35.37%	-7.43%	4.69%
Shares Outstanding (Basic)	211	212	212	212	212	212
Shares Outstanding (Diluted)	212	213	213	213	212	212
Shares Change	-0.60%	0.06%	0.09%	0.32%	0.18%	0.16%
EPS (Basic)	0.60	0.58	1.08	0.97	0.72	0.78
EPS (Diluted)	0.59	0.58	1.07	0.97	0.72	0.78
EPS Growth	-41.00%	-45.79%	10.31%	34.72%	-7.69%	5.41%
Free Cash Flow	270.37	222.59	199.5	146.95	361.9	265.92
Free Cash Flow Per Share	1.28	1.05	0.94	0.69	1.71	1.26
Dividend Per Share	0.920	0.910	0.870	0.830	0.790	0.750
Dividend Growth	4.55%	4.60%	4.82%	5.06%	5.33%	5.63%
Gross Margin	48.79%	48.30%	47.94%	49.77%	49.95%	47.73%
Operating Margin	3.52%	3.40%	6.31%	6.81%	7.33%	5.47%
Profit Margin	2.45%	2.42%	4.75%	4.76%	3.47%	3.99%
Free Cash Flow Margin	5.27%	4.37%	4.15%	3.39%	8.25%	6.45%
Effective Tax Rate	22.97%	21.44%	23.54%	23.85%	24.11%	22.42%
EBITDA	356.52	345.43	469.59	438.87	380.89	395.16
EBITDA Margin	6.95%	6.79%	9.77%	10.13%	8.68%	9.58%
Depreciation & Amortization	156.21	151.71	141.96	136.56	141.38	144.23
EBIT	200.31	193.72	327.63	302.31	239.5	250.93
EBIT Margin	3.90%	3.81%	6.82%	6.98%	5.46%	6.08%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).