Flowers Foods (FLO) Leans On Sourdough While Bread Sales Wilt The once thriving bread aisle is in decline, with Flowers Foods (NYSE:FLO) feeling the pinch.
The company's latest earnings report reveals a 4% drop in net sales to $1. 193 billion, with volume falling 5. 8% across the business.
Flowers' management is pinning its hopes on a new strategy: repositioning itself around sourdough and protein enriched breads.