Pedro Flores was a Filipino inventor widely considered as the first Yo-yo maker in the United States and with his Flores yo-yo created the start of an international craze.

While working as a bellboy, Flores read an article about a self-made millionaire who made his money by selling a ball attached to a rubber band. At this point he remembered the yo-yo (previously known as the bandalore), a game which has been played for hundreds of years in the Philippines. Bringing it all together, Flores saw a good market opportunity in the US, and the ability to go into business for himself.

Between 1928 and 1932, Flores started and ran the Yo-yo Manufacturing Company in Santa Barbara before selling the company and trademark to Duncan who continued to market and sell Flores yo-yos alongside the Duncan line.

Pedro Flores is most-often described as the inventor of the yo-yo, but he never personally claimed to have invented the yo-yo, always mentioning its past history as a centuries-old Philippine game. In addition he is also referred to as the original patent holder of the yo-yo, however yo-yos (Bandalores) had already been patented prior to the company's existence

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