Benjamin Griswold - Flowers Foods Presiding Independent Director

FLO Stock  USD 22.43  0.21  0.95%   

Director

Mr. Benjamin H. Griswold, IV is Presiding Independent Director of Flowers Foods, Inc. Mr. Griswold is partner and chairman of Brown Advisory. Mr. Griswold retired in February 2005 as senior chairman of Deutsche Bank Securities, a position he had held since 1999. Prior to that time, Mr. Griswold held several positions with Alex. Brown Sons, ultimately being elected the firms chairman of the board. Following the merger of Alex. Brown and Bankers Trust New York, he became senior chairman of BT Alex. Brown, which was acquired by Deutsche Bank in 1999. Mr. Griswold also served on the board of the New York Stock Exchange, completing his term in 1999. He was nonexecutive chairman of W.P. Carey Inc. since 2012 and a director since 2006. Previously he served as a director of Stanley Black Decker, Inc. from 2001 until his retirement from the board effective April 20, 2016, and is a trustee emeritus of Johns Hopkins University since 2020.
Age 79
Tenure 4 years
Address 1919 Flowers Circle, Thomasville, GA, United States, 31757
Phone229 226 9110
Webhttps://www.flowersfoods.com
Griswold has extensive experience in investment banking, corporate finance and strategic planning.

Flowers Foods Management Efficiency

The company has Return on Asset of 0.068 % which means that on every $100 spent on assets, it made $0.068 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1731 %, implying that it generated $0.1731 on every 100 dollars invested. Flowers Foods' management efficiency ratios could be used to measure how well Flowers Foods manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to 0.06. In addition to that, Return On Capital Employed is likely to drop to 0.09. At this time, Flowers Foods' Other Assets are very stable compared to the past year. As of the 22nd of November 2024, Asset Turnover is likely to grow to 1.71, while Total Assets are likely to drop about 2.2 B.
Flowers Foods has 1.35 B in debt with debt to equity (D/E) ratio of 0.83, which is OK given its current industry classification. Flowers Foods has a current ratio of 1.42, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Flowers to invest in growth at high rates of return.

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Flowers Foods, Inc. produces and markets packaged bakery products in the United States. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia. Flowers Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 8900 people. Flowers Foods (FLO) is traded on New York Stock Exchange in USA. It is located in 1919 Flowers Circle, Thomasville, GA, United States, 31757 and employs 9,300 people. Flowers Foods is listed under Packaged Foods & Meats category by Fama And French industry classification.

Management Performance

Flowers Foods Leadership Team

Elected by the shareholders, the Flowers Foods' board of directors comprises two types of representatives: Flowers Foods inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flowers. The board's role is to monitor Flowers Foods' management team and ensure that shareholders' interests are well served. Flowers Foods' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Flowers Foods' outside directors are responsible for providing unbiased perspectives on the board's policies.
Brad Cashaw, Chief Supply Chain Officer
D Wheeler, Chief Sales Officer
Mary Krier, Senior Responsibility
David Roach, President Snacking/Specialty Business Unit
Cindy Cox, Chief Officer
James Spear, Independent Director
C Wood, Independent Director
Brenda Smith, Compliance Manager
Terry Thomas, Independent Director
Heeth Varnedoe, Chief Transformation Officer
Rhonda Gass, Independent Director
Steve Kinsey, CFO, Executive Vice President
Tom Winters, Chief Officer
R Kinsey, Chief Financial Officer, Chief Administrative Officer
Mark Courtney, Senior Vice President - Sales
J Rieck, Vice President - Investor Relations and Financial Analysis, Treasurer
W McFadden, Independent Director
George Deese, Independent Non-Executive Chairman of the Board
Melvin Stith, Independent Director
Lisa Hay, Manager Relations
Tonja Taylor, Senior Vice President of Human Resources
David Wheeler, Chief Officer
ARyals McMullian, President, Chief Executive Officer, Director
Heeth IV, President COO
Mark Chaffin, Chief Information Officer
A Mcmullian, President, Chief Executive Officer, Director
Debo Mukherjee, Chief Marketing Officer
Benjamin Griswold, Presiding Independent Director
Eric Jacobson, Vice ESG
Stephanie JD, Chief Secretary
Edward Casey, Independent Director
H Courtney, President of the Fresh Packaged Bread Business Unit
David Singer, Independent Director
Robert Benton, Senior Vice President Chief Manufacturing Officer
Mark Gerrish, Vice Development
Margaret Lewis, Independent Director
Bradley Alexander, Chief Operating Officer
Thomas Chubb, Independent Director
Stephanie Tillman, Chief Legal Counsel

Flowers Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Flowers Foods a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Flowers Foods

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Flowers Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Flowers Foods will appreciate offsetting losses from the drop in the long position's value.

Moving together with Flowers Stock

  0.87CAG ConAgra FoodsPairCorr
  0.88CPB Campbell SoupPairCorr

Moving against Flowers Stock

  0.77PPC Pilgrims Pride CorpPairCorr
  0.74TPB Turning Point BrandsPairCorr
  0.72BJ BJs Wholesale ClubPairCorr
  0.56INGR Ingredion IncorporatedPairCorr
  0.52SENEA Seneca Foods CorpPairCorr
The ability to find closely correlated positions to Flowers Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flowers Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Flowers Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Flowers Foods to buy it.
The correlation of Flowers Foods is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Flowers Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flowers Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Flowers Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Flowers Foods offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flowers Foods' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flowers Foods Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flowers Foods Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flowers Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Flowers Stock, please use our How to Invest in Flowers Foods guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flowers Foods. If investors know Flowers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flowers Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.2
Dividend Share
0.94
Earnings Share
1.14
Revenue Per Share
24.259
Quarterly Revenue Growth
0.088
The market value of Flowers Foods is measured differently than its book value, which is the value of Flowers that is recorded on the company's balance sheet. Investors also form their own opinion of Flowers Foods' value that differs from its market value or its book value, called intrinsic value, which is Flowers Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flowers Foods' market value can be influenced by many factors that don't directly affect Flowers Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flowers Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flowers Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flowers Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.