About Flowers Foods
Headquartered in Thomasville, Ga., Flowers Foods is the second largest producer and marketer of packaged bakery foods for retail and foodservice customers in the United States with annualized sales of approximately $3 billion. Flowers operates 41 bakeries that produce a wide range of bakery products sold through an extensive direct-store-delivery network that encompasses the Southeast, Mid-Atlantic, and Southwest as well as select markets in the Northeast, California and Nevada, and nationwide through other delivery systems. Among the company's top brands are Nature's Own, Whitewheat, Tastykake, and Mrs. Freshley's. For more information, visit www.flowersfoods.com.
About Tasty Baking Oxford
Tasty Baking Oxford, located at 700 Lincoln Street, produces honey buns, donuts, and cakes that are sold under the Tastykake brand. The bakery has five production lines that produce approximately 600,000 pounds of cakes a week. The bakery was built in 1988 by a previous owner. It has been producing Tastykake snacks since 1997. The bakery is a subsidiary of Flowers Foods.About Nature's Own Flowers introduced Nature's Own, with no artificial preservatives, colors, or flavors, in 1977. Since then, Nature's Own has become America's No. 1 soft variety bread brand and has grown into a full line of soft variety and specialty premium breads and buns and breakfast items. Well-known for quality and innovation, Nature's Own was among the first brands on the market with a low-calorie bread (1980s), sugar-free bread (1999), lower carbohydrate bread (2004), and double fiber bread with omega-3 (2004). More recently, Nature's Own introduced a line of specialty premium breads with whole grains (2006), a line of Special Morning breakfast breads, bagels, and English muffins (2008), and Nature's Own Sandwich Rounds and Thin Sliced Bagels (2010). For more information on Nature's Own, visit www.naturesownbread.com. Statements contained in this press release that are not historical facts are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected. Other factors that may cause actual results to differ from the forward-looking statements contained in this release and that may affect the company's prospects in general include, but are not limited to, (a) competitive conditions in the baked foods industry, including promotional and price competition, (b) changes in consumer demand for our products, (c) the success of productivity improvements and new product introductions, (d) a significant reduction in business with any of our major customers including a reduction from adverse developments in any of our customer's business, (e) fluctuations in commodity pricing, (f) our ability to fully integrate recent acquisitions into our business, and (g) our ability to achieve cash flow from capital expenditures and acquisitions and the availability of new acquisitions that build shareholder value. In addition, our results may also be affected by general factors such as economic and business conditions (including the baked foods markets), interest and inflation rates and such other factors as are described in the company's filings with the Securities and Exchange Commission.
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