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Flowers sees no lack of competition in baking
date:Mar 26, 2013
objective.

Sustaining Flowers profitability along the way always was part of the plan, Mr. Deese said. While at many companies aggressive expansion occurs at the cost of earnings, he noted that has not been the case at Flowers, with earnings growing 13.5% annually from 2003-12 against annual sales growth of 8.5%.

While it may have been overshadowed by subsequent developments, the July 2012 acquisition of Lepage Bakeries, Inc. for $171 million has provided Flowers with as full a range of expan

07/21 05:00