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Flowers Foods Inc. (FLO) Dropped To A 3-Month Low After Q1 Miss

Flowers Foods Inc. (FLO) reported first quarter EPS of $0.30 after the bell Wednesday, which fell short of the consensus estimate of $0.31.

Flowers Foods gapped open lower Thursday and steadily declined during the first 2 hours of trade. Shares finished with a loss of 2.06 at $19.56 on the highest volume of the year. The stock sank to over a 3-month low.

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