Flowers Foods''s Return On Capital Employed Insights
Pulled from Benzinga Pro data, Flowers Foods (NYSE: FLO ) posted Q2 earnings of $53.68 million, an increase from Q1 of 37.28%. Sales dropped to $1.13 billion, a 21.38% decrease between quarters. Flowers Foods earned $85.59 million, and sales totaled $1.44 billion in Q1. What Is ROCE? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a … Full story available on Benzinga.com
Flowers Foods''s Return On Capital Employed Insights
Pulled from Benzinga Pro data, Flowers Foods (NYSE: FLO ) posted Q2 earnings of $53.68 million, an increase from Q1 of 37.28%. Sales dropped to $1.13 billion, a 21.38% decrease between quarters. Flowers Foods earned $85.59 million, and sales totaled $1.44 billion in Q1. What Is ROCE? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a … Full story available on Benzinga.com