Flowers Foods, Inc. (NYSE:FLO) will look for M&A. Ryals McMullian, President and Chief Executive Officer said, “ Our fourth priority is smart M&A. We continue to monitor the deal market, actively seeking potential acquisitions that add capabilities, brands or products to our robust existing lineup. We believe our strong balance sheet positions us well to act when we have financial, commercial and operational conviction. As part of that process, in the third quarter, we incurred $11.6 million in costs from the pursuit of a potential acquisition that failed to materialize.
Although we are disappointed in the result, we remain committed to our disciplined approach as we consider additional acquisition targets”.
Flowers Foods, Inc. is a producer and marketer of packaged bakery foods in the United States. The Company's products include breads, buns, rolls, snack items, bagels, English muffins, and tortillas and are sold under a variety of brand names, including Nature's Own, Dave's Killer Bread (DKB), Wonder, Canyon Bakehouse, Tastykake, and Mrs. Freshley's. Its fresh baked foods customers include mass merchandisers, supermarkets and other retailers, restaurants, quick-serve chains, food wholesalers, institutions, dollar stores and vending companies. It supplies national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries with breads and rolls. It sells packaged bakery products to wholesale distributors for ultimate sale to food outlets. It sells packaged snack cakes primarily to customers who distribute them nationwide through multiple channels of distribution, including mass merchandisers, supermarkets, vending outlets and convenience stores.
FLOWERS FOODS, INC. 
