THOMASVILLE, Ga., Nov. 16, 2018 /PRNewswire/ -- Flowers Foods,
Inc. (NYSE: FLO), producer of Nature's Own, Wonder, Dave's Killer Bread, Tastykake and other bakery
foods, today announced that its board of directors has declared a quarterly dividend of $0.18 per
share, an increase of 5.9% over the same quarter last year. This is the 65th consecutive quarterly dividend paid by the company
and is payable on December 14, 2018 to shareholders of record on November
30, 2018.
About Flowers Foods
Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the
largest producers of fresh packaged bakery foods in the United States with 2017 sales of
$3.9 billion. Flowers operates bakeries across the country that produce a wide range of bakery
products. Among the company's top brands are Nature's Own, Wonder, Dave's Killer Bread, and
Tastykake. Learn more at www.flowersfoods.com.
Forward-Looking Statements
Statements contained in this press release that are not historical facts are forward-looking statements.
Forward-looking statements relate to current expectations regarding our future financial condition, performance and results of
operations, planned capital expenditures, long-term objectives of management, supply and demand, pricing trends and market
forces, and integration plans and expected benefits of transactions and are often identified by the use of words and phrases such
as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should,"
"will," "would," "is likely to," "is expected to" or "will continue," or the negative of these terms or other comparable
terminology. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from
those projected. Other factors that may cause actual results to differ from the forward-looking statements contained in this
release and that may affect the company's prospects in general include, but are not limited to, (a) general economic and business
conditions and the competitive conditions in the baked foods industry, including promotional and price competition, (b) changes
in consumer demand for our products, including changes in consumer behavior, trends and preferences, including health and whole
grain trends, and the movement toward more inexpensive store-branded products, (c) the success of productivity improvements and
new product introductions, (d) a significant reduction in business with any of our major customers including a reduction from
adverse developments in any of our customer's business, (e) fluctuations in commodity pricing, (f) energy and raw material costs
and availability and hedging and counterparty risk, (g) our ability to fully integrate recent acquisitions into our business, (h)
our ability to achieve cash flow from capital expenditures and acquisitions and the availability of new acquisitions that build
shareholder value, (i) our ability to successfully implement our business strategies, including those strategies the company has
initiated under Project Centennial, which may involve, among other things, the integration of recent acquisitions or the
acquisition or disposition of assets at presently targeted values, the deployment of new systems and technology and an enhanced
organizational structure, (j) consolidation within the baking industry and related industries, (k) disruptions in our
direct-store delivery system, including litigation or an adverse ruling from a court or regulatory or government body that could
affect the independent contractor classification of our independent distributors, (l) increasing legal complexity and legal
proceedings that we are or may become subject to, (m) product recalls or safety concerns related to our products, and (n) the
failure of our information technology systems to perform adequately, including any interruptions, intrusions or security breaches
of such systems. The foregoing list of important factors does not include all such factors, nor necessarily present them in order
of importance. In addition, you should consult other public disclosures made by the company, including the risk factors included
in our most recently filed Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange
Commission ("SEC") and disclosures made in other filings with the SEC and company press releases, for other factors that may
cause actual results to differ materially from those projected by the company. We caution you not to place undue reliance on
forward-looking statements, as they speak only as of the date made and are inherently uncertain. The company undertakes no
obligation to publicly revise or update such statements, except as required by law.
FLO-IR FLO-DIV
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SOURCE Flowers Foods, Inc.