FLOFLOWERS FOODS INC
Food And Kindred Products
- Revenue
- $5.3B
- 3.0% YoY
- Operating margin
- 3.3%
- 52% YoY
- EBITDA
- $341M
- 33% YoY
- Market cap
- $1.3B
- Employees
- 10,300
- $510K revenue each
- Net debt / EBITDA
- 4.0×
- $1.4B net debt
- AI in 10-K
- 2.6
- mentions per 10K words
Takeover score 3 of 13
Fixable underperformance 1 of 7
- TSR below peersYes3 of 4 years3+ of last 5 years
- High CEO pay despite TSRNo$7M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo532% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo48% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo25% of assetsOver 40% of assets
- Shareholder dissentNo84% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeYes$510K · 24th pctBottom quartile of its SIC industry
- Quiet on AINo2.6 per 10K words · 64th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo4.0× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$1.3B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$4M netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2026 | YoY |
|---|---|---|---|---|---|
| Revenue | $4.8B | $5.1B | $5.1B | $5.3B | 3.0% |
| Operating income | $303M | $173M | $348M | $174M | 50% |
| Net income | $206M | $123M | $248M | $84M | 66% |
| Operating cash flow | $361M | $349M | $413M | $446M | 8.1% |
| Capex | $169M | $129M | $132M | $127M | 3.8% |
| Stock-based comp | $26M | $27M | $30M | $32M | 8.6% |
| Buybacks | $35M | $46M | $23M | $5M | 76% |
| Dividends | $187M | $195M | $203M | $209M | 3.1% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $43K · 2
- Open-market sells, 12 mo
- $4M · 3
- Net
- −$4M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $8M | −$1M | 59 | 97 |
| FY2024 | $8M | $8M | 105 | 109 |
| FY2023 | $6M | $4M | 110 | 114 |
| FY2022 | $6M | $8M | 126 | 113 |