Flowers dials up growth efforts as it trims long-term guidance

摘要

THOMASVILLE, GA. — Flowers Foods, Inc. is lowering its long-term goals for sales growth and changing its benchmarks for earnings, even as the company dials up its efforts to gain market share and cut costs.The plans were shared by company executives Aug. 7 in an investor day presentation that followed the release of second-quarter financial results. The investor day presentation and discussion with investment analysts had been planned for an in-person meeting in New York but was held virtually because of the coronavirus pandemic.