date:Feb 07, 2014
Looking ahead to 2014, Flowers has forecast earnings per share of $0.98 to $1.05. Feeney said Wall Street had estimated $1.07 a share.
Shares in Flowers were down 1.47% at $19.50 at 11:02 ET.
Fourth-quarter adjusted EBIT was down 4.4% at $57.6m thanks to costs linked to acquisitions.
Net sales were up 12.6% at $843.6m. Acquisitions contributed 2.7 percentage points of the growth, price/mix 3.6 points and volumes 6.3 points.
Annual net income jumped 35.1% to $192.3m. Adjusted EBIT grew 32.8%