THOMASVILLE, Ga. (AP) — THOMASVILLE, Ga. (AP) — Flowers Foods Inc. (FLO) on Thursday reported a loss of $67.1 million in its fourth quarter.
On a per-share basis, the Thomasville, Georgia-based company said it had a loss of 32 cents. Earnings, adjusted for asset impairment costs and restructuring costs, came to 22 cents per share.
The bakery goods company posted revenue of $1.23 billion in the period.
For the year, the company reported profit of $83.8 million, or 40 cents per share. Revenue was reported as $5.26 billion.
Flowers Foods expects full-year earnings in the range of 80 cents to 90 cents per share, with revenue in the range of $5.16 billion to $5.27 billion.
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