Flowers feels pressure from Hostess cake relaunch
date:May 16, 2014
usted for the $50.1 million bargain purchase gain.

During the quarter, the companys D.S.D. sales increased 5%, reflecting volume gains of 2.2%, positive net price/mix of 1.3%, and contributions from the Sara Lee/California acquisition of 1.5%, Flowers said. The acquisition was cycled in the second month of the quarter. The volume increase was primarily the result of increases in the branded white bread and branded soft variety bread categories, partially offset by decreases in branded cake. The
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