Flowers Foods Elects Two New Members to Board of Directors
Flowers Foods, Inc. has elected Shaun P. Mara and Ken P. Plunk as independent directors to its board, effective November 18, 2026.
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Filed: 2026-11-04 AccNo: 0001193125-26-446367 Size: 161 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits
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Flowers Foods, Inc. has elected Shaun P. Mara and Ken P. Plunk as independent directors to its board, effective November 18, 2026.
Stephens & Co. has maintained its Equal-Weight rating on Flowers Foods, Inc. while reducing its price target from $6.00 to $5.50.
Flowers Foods, Inc. announced it will release its financial results for the third quarter of 2026 on November 12, 2026.
The J.M. Smucker Company reported a 7% decline in Sweet Baked Snacks sales in Q1 fiscal 2027, but Donettes brand showed double-digit growth driven by expanded distribution and innovation. Flowers Foods' Wonder cake gained market share despite a 4% overall sales decline, while J&J Snack Foods faced a 6.2% sales drop with bakery weakness, though retail segment grew 1.7%.
BNP Paribas analyst Max Gumport maintains Flowers Foods (NYSE:FLO) with a Underperform and lowers the price target from $6.5 to $5.