Investing.com - Flowers Foods reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Flowers Foods announced earnings per share of $0.19 on revenue of $1.16B. Analysts polled by Investing.com anticipated EPS of $0.24 on revenue of $1.09B.
Flowers Foods shares are up 8.34% from the beginning of the year and are trading at $29.76 , down-from-52-week-high.
Flowers Foods follows other major Consumer Staples sector earnings this month
Flowers Foods's report follows an earnings beat by Walmart on November 15, who reported EPS of $1.5 on revenue of $152.8B, compared to forecasts EPS of $1.32 on revenue of $147.55B.
Mondelez had beat expectations on November 1 with third quarter EPS of $0.74 on revenue of $7.76B, compared to forecast for EPS of $0.69 on revenue of $7.41B.
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