1-800-FLOWERS.COM reports news on an omnichannel gifting business built around floral, gourmet food, gift basket, personalization and related gift brands. Company updates commonly cover quarterly results, segment performance in Consumer Floral & Gifts, Gourmet Foods & Gift Baskets and BloomNet®, and the operating effects of marketing efficiency, customer experience, cost savings and search and direct-traffic trends.
Recurring developments also include distribution partnerships, digital commerce and technology initiatives, and leadership or organizational changes tied to the company's retail platform and local florist and merchant network.
1-800-Flowers.com (NASDAQ: FLWS) and Uber Technologies (NYSE: UBER) have announced a strategic collaboration using Uber Direct's white-label delivery service to enhance nationwide floral delivery capabilities. The partnership, launched ahead of Valentine's Day, enables BloomNet's network of local florists to access Uber's delivery technology and driver network.
The collaboration addresses critical delivery challenges during peak holidays like Valentine's Day, when florists often face vehicle capacity limitations. Currently implemented across over 1,000 BloomNet network shops in the U.S., the service allows same-day delivery orders until 3 PM local time in most areas, extending to 6 PM in select markets.
BloomNet anticipates delivering approximately 24 million stems for Valentine's Day. The integration with Uber Direct enables florists using BloomNet's Business Management System (BMS) to dynamically dispatch, track, and fulfill same-day deliveries, particularly beneficial during holiday demand surges.
1-800-FLOWERS.COM (NASDAQ: FLWS) reported fiscal 2025 second quarter results with total revenues of $775.5 million, representing a 5.7% decline year-over-year. The company posted net income of $64.3 million, or $1.00 per diluted share, compared to $62.9 million in the prior year period.
Performance was impacted by a softer consumer environment, reduced corporate gifting orders, and issues with Harry & David's order management system implementation, which resulted in approximately $20 million in lost revenue. The Gourmet Foods segment declined 4.0%, Consumer Floral dropped 8.0%, and BloomNet decreased 16.2%.
The company updated its fiscal 2025 guidance, now expecting mid-single-digit revenue decline and Adjusted EBITDA between $65-75 million. Free Cash Flow is projected at $25-35 million.
1-800-FLOWERS.COM (NASDAQ: FLWS) has announced it will release its fiscal 2025 second quarter financial results on Thursday, January 30, 2025, before market opening. The announcement will be followed by a conference call with senior management at 8:00 a.m. ET.
The conference call will be accessible via live webcast from the Investors section of the company's website. A recording will be available on the website within two hours after the call ends. Additionally, a telephonic replay will be available from 2:00 p.m. ET on January 30 through February 6, 2025, with different access numbers for US, Canadian, and International callers.
1-800-FLOWERS.COM (NASDAQ: FLWS) reported fiscal 2025 first quarter results with revenues of $242.1 million, representing a 10% decrease. The company posted a net loss of $34.2 million, or ($0.53) per share. E-commerce revenues declined 8%, with a 6.5% drop in orders and 1.5% decrease in Average Order Value. Despite challenges, gross profit margin improved by 20 basis points to 38.1%. The company maintains its fiscal 2025 guidance, expecting flat to low-single-digit revenue decline and Adjusted EBITDA between $85-95 million.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has announced the release of its fiscal 2025 first quarter financial results on Thursday, October 31, 2024. The company, a leading provider of gifts designed to inspire customer relationships, will issue a press release before the market opens. This will be followed by a conference call with senior management at 8:00 a.m. (ET).
Investors can access a live webcast of the call from the company's website. A recording will be available on the site within two hours of the call's completion. Additionally, a telephonic replay will be accessible from 2:00 p.m. (ET) on October 31, 2024, through November 7, 2024, using specific dial-in numbers for US, Canada, and International callers.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has announced significant changes in its executive leadership. Bill Shea, the current Chief Financial Officer, has confirmed his intention to retire on December 29, 2024. The Board of Directors has appointed James Langrock as the new Chief Financial Officer, effective on the same date.
Jim McCann, Chairman and CEO, expressed gratitude for Shea's three decades of service during a period of significant growth and transformation. Langrock, who joined the company in April as Chief Administrative Officer, brings extensive financial expertise from his previous roles as CFO at various public and private companies, including Charcuterie Artisans, The Hain Celestial Group, and Monster Worldwide, Inc.
1-800-FLOWERS.COM (NASDAQ: FLWS) reported fiscal year 2024 results, with revenue of $1.83 billion and a net loss of $6.1 million, including a $19.8 million non-cash impairment charge. Key highlights:
- Gross profit margin increased 260 basis points to 40.1%
- Adjusted EBITDA rose to $93.1 million
- Q4 revenue decreased 9.5% to $360.9 million
- Full-year revenue declined 9.2% to $1.83 billion
- Generated Free Cash Flow of $56.4 million
For fiscal 2025, the company expects revenue to be flat to down low-single digits, with Adjusted EBITDA between $85-95 million and Free Cash Flow of $45-55 million. The company remains focused on improving sales trends through Relationship Innovation initiatives and enhancing its gifting platform.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has announced the release date for its fiscal 2024 fourth quarter and year-end financial results. The company, a leading provider of gifts, will issue a press release on Thursday, August 29, 2024, before the market opens. This will be followed by a conference call with senior management at 8:00 a.m. ET.
Investors can access a live webcast of the conference call from the company's website. A recording will be available on the site within two hours of the call's completion. Additionally, a telephonic replay will be accessible from 2:00 p.m. ET on August 29 through September 5, 2024, using specific dial-in numbers for US, Canada, and international callers.
1-800-FLOWERS.COM, Inc. has partnered with USAA Perks® to provide special savings for the military community, offering discounts on a variety of products across their brands. The collaboration aims to show appreciation for military members and their families by offering meaningful ways to connect and celebrate special occasions.
1-800-FLOWERS.COM, Inc. reported fiscal 2024 third quarter results, with revenues of $379.4 million and a net loss of $16.9 million. Gross profit margin improved by 300 basis points to 36.6%, while adjusted EBITDA loss was $5.7 million. The company recognized amongst America's Most Trustworthy Companies and acquired Card Isle, an e-commerce greeting card company. Despite workforce reductions, the company remains optimistic about future growth.