In the 12 weeks ended July 15, Flowers Foods net income was $63.77 million, equal to 30¢ per share on the common stock, up 19% from $53.68 million, or 25¢ per share, in the second quarter of 2022.
Mr. Wheeler, who has spent 35 years at Flowers, will step down from his current role at the end of August and will serve until Dec. 31 as a senior adviser.