date:May 20, 2014
Flowers Foods, the nation's second-largest producer and marketer of fresh packaged bakery foods, reported results for its 16-week first quarter ended April 19, 2014.
First quarter sales increased 2.6% compared to the first quarter last year, reflecting positive net price/mix of 2.9%, an acquisition contribution of 1.2%, partially offset by decreased volume of 1.5%.
Net income for the quarter was $61.1 million, or $0.29 per diluted share, including the negative impact of $0.03 per share of acqu