Tuesday 27 November 2012

Flowers Foods cooks up a strong first quarter - Business First of Louisville:

acklinegymejac1362.blogspot.com
The Thomasville, Ga.-basked goods company FLO) posted net income of $35.8 million, or 39 centd share, compared with net incomw of $28.5 million, or 31 cents a in the first quarterof 2007. First-quarter salees increased 10.9 percent to $676.7 million. "Our resultw in the first quarter once again prove the strengt h ofour brands, our team, and our operatingy strategies," said George E. Deese, Flowerxs Foods chairman, CEO and president. "Salees of our branded products were robust and our internalp data shows unit growthof 2.6 Increased sales to fast food restaurants partiallt offset lower unit sales to casual dining In other news, the companhy promoted Gene D.
Lord to chier operating officer. Lord starter with Flowers in 1966. In 2002, he was named president and COO ofthe company'a Bakeries Group, which represents 80 percent of company Allen L. Shiver has been tapped as chiermarketing officer. Shiver became a full time employe at Flowers in 1979 after workingy part time during high schoopland college. In 2003, Shivee was named president and COO of the Specialty Bradley K. Alexander is the new president ofFlowersw Bakeries. Alexander began his career with Flowerxin 1981. In he was named regional vice president.

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