Flowers Foods Cuts Full-Year Outlook After Third-Quarter Results
Flowers Foods said consumer spending weakness and increased promotional activity weighed on third-quarter results. It reported profit of $14.4 million, or 7 cents a share; the outlook details are not provided.
By Natalie WegerFlower Foods cut its outlook for the year after a rocky consumer environment and increased promotional activity weighed on third-quarter results.The owner of Nature's Own, Wonder and other packaged baked goods on Thursday posted a third-quarter profit of $14.4 million, or 7 cents a…