date:Mar 21, 2013
ods, Inc. will pay $360 million for the majority of the bread business of Hostess Brands, Inc., Irving, Texas. The transaction includes brands, 20 bakeries, 38 depots and other assets.
Year-to-date sales for Flowers Foods already are up 20% to 25%, Mr. Deese said.
R. Steve Kinsey, executive vice-president and chief financial officer of Flowers, said, We are very optimistic about our fiscal 2013 outlook. We are seeing strong sales and earnings trends, and we expect to deliver a strong first qua