Filing Flows › Flowers Foods (FLO) › Q4 2024
Flowers Foods (FLO) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 18, 2025
Flowers Foods (FLO) reported revenue of $1.1B for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and -7% from the quarter before. Operating margin was 5.5%, net earnings $43.1M (3.9% of revenue).
Flowers Foods, Q4 2024: revenue $1.1B (-2% year over year), operating margin 5.5%, net earnings $43.1M, operating cash flow $130M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -7% | -2% |
| Operating profit | $61.4M | -32% | +23% |
| Net earnings | $43.1M | -34% | +21% |
| Operating cash flow | $130M | +14% | +42% |
| Free cash flow | $84.8M | -4% | +41% |
What changed
Revenue was $1.1B in Q4 2024, down 2% year over year and down 7% from the previous quarter.
Operating profit was $0.06B, a 5.5% margin (up 1.1 points year over year). Total costs fell 3% while revenue fell 2%. Net earnings were $0.04B, up 21% year over year. The effective tax rate was 24.2%.
Operating cash flow was $0.13B (up 42% year over year), 302% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.05B left free cash flow of $0.08B.
Questions
What was Flowers Foods' revenue in the fourth quarter 2024?
Flowers Foods (FLO) reported revenue of $1.1B for the fourth quarter 2024 (Q4 2024), -2% from a year earlier and -7% from the quarter before.
Was Flowers Foods profitable in the fourth quarter 2024?
Operating profit was $61.4M (5.5% of revenue) and net earnings $43.1M.
Source: Flowers Foods 10-K on SEC EDGAR.