Wonder Bread Maker's Earnings Beat, Helped By Higher Prices

Wonder Bread Maker's Earnings Beat, Helped By Higher Prices
·3 min read

Flowers Foods (FLO), the maker Wonder Bread and other baked goods, reported second-quarter earnings on Thursday that beat expectations, helped by price increases, and the company bumped up its profit outlook. Flowers is one of several leading food price influencers to report during the week, as investors try to gauge the response of consumers to inflated food prices. The company...