Exhibit 12.1

Flowers Foods, Inc.

Computation of Ratios of Earnings to Fixed Charges

(000’s Omitted, Except Ratio Amounts)

	Twenty- Eight Weeks Ended July 15, 2017		Fiscal Year
	2017		2016		2015		2014		2013		2012
Fixed Charges:
Interest expense	$	20,061	$	34,905	$	26,815	$	28,288	$	28,875	$	23,411
Interest portion of rent expense(1)	$	17,261	$	32,452	$	29,028	$	29,564	$	30,100	$	25,600
Total Fixed Charges	$	37,322	$	67,357	$	55,843	$	57,852	$	58,975	$	49,011
Earnings:
Income before income taxes	$	161,965	$	249,537	$	293,031	$	268,054	$	322,373	$	208,772
Plus: Fixed charges(2)	$	37,322	$	67,357	$	55,843	$	57,852	$	58,975	$	49,011
Earnings Available to Cover Fixed Charges	$	199,287	$	316,894	$	348,874	$	325,906	$	381,348	$	257,783
Ratio of Earnings to Fixed Charges		5.3		4.7		6.2		5.6		6.5		5.3

(1) One-third of total rent expense is the portion deemed representative of the interest factor.

(2) Fixed charges represent gross interest expense plus the interest portion of rent expense.