Flowers Foods Inc at Barclays Global Consumer Staples Conference Transcript

Sep 07, 2023 / 06:15PM GMT
Unidentified Analyst -

Get seated. We'll kick off our next fireside chat with Flowers Foods. So welcome back, everybody. And with me today are Chairman, CEO and President, Ryals McMullian; and CFO and Chief Accounting Officer, Steve Kinsey. Great to be here you both. Thanks for being here.

A. Ryals McMullian - Flowers Foods, Inc. - CEO & Chairman of Board

Thank you very much. I should note that I have been demoted, I'm not President anymore.

Unidentified Analyst -

Okay. We'll lax in my research apparently. It's wonderful to have you all here. So thank you.

Questions and Answers:

Unidentified Analyst -

I think maybe a good place to start is this time last year, we're about trade down to private label, driven in part by consumer value-seeking behavior, slightly wider price gaps within the mass channel. Your business stabilized and improved to exit the first quarter of this year that continued through Q2 despite some incremental pricing around that time.

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