10 Best Cookies and Crackers Stocks to Buy

7. Flowers Foods, Inc. (NYSE:FLO)

Number of Hedge Fund Holders: 25

Flowers Foods, Inc. (NYSE:FLO) is one of the largest producers and marketers of packaged bakery foods in the United States with 2023 sales of $5.1 billion. The company produces a range of baked goods, including cookies under its Mrs. Freshley’s brand which entered the vending market with a focus on baking fresh, tasty products in 1994.

Flowers Foods, Inc. (NYSE:FLO) is a leader in the US baking industry. The firm’s 45 highly efficient bakeries offer various delicious bakery foods under trusted, best-selling brands like Nature’s Own, Dave’s Killer Bread, Wonder, Canyon Bakehouse, and Tastykake. With a presence in 19 states and most of the firm’s products being distributed by a network of independent distributor partners which covers approximately 85% of the US population, the position of Flowers Foods in the US packaged bakery foods market is clear and dominant.

This dominant position has been the outcome of a long journey for Flowers Foods, Inc. (NYSE:FLO), a history of growth and evolution spanning over 100 years, from one family-owned bakery in Thomasville to the current leadership position. The firm ensures a diverse product line across the baked foods spectrum offering something for everybody, from gluten-free breads, bagels, buns, and English muffins to snack cakes, pies, and donuts. The majority of the firm’s business comprises faster-growing, higher-margin branded retail products.