Flowers Foods, Inc. (FLO): A Bear Case Theory 

We came across a bearish thesis on Flowers Foods, Inc. on Aklan Investment Research’s Substack. In this article, we will summarize the bears’ thesis on FLO. Flowers Foods, Inc.’s share was trading at $11.91 as of February 5th. FLO’s trailing P/E was 12.97 according to Yahoo Finance.

Flowers Foods, Inc. produces and markets packaged bakery food products in the United States. Flowers Foods (FLO) is a leading U.S. packaged...