date:Aug 17, 2012
s we face today are commodities, industry consolidation, and competitive dynamics in the marketplace.
Looking longer term, our industry will need better margins for investments in bakeries, in products, brands, technology, and our people.
Outlook
Flowers has adjusted its sales outlook for fiscal 2012 to include the Lepage acquisition. It now expects 2012 sales to increase between 7% and 9% over 2011 with Lepage accounting for 2.5% of the increase.
The company expects to incur around $4.5m to