Welcome to our dedicated page for 1 800 Flowers Com news (Ticker: FLWS), a resource for investors and traders seeking the latest updates and insights on 1 800 Flowers Com stock.
News and updates for 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) focus on its role as a provider of thoughtful expressions and meaningful gifting. The company regularly issues press releases about its financial performance, strategic initiatives, leadership changes, and partnerships, giving investors and followers insight into how it is evolving its e-commerce and omnichannel gifting platform.
Earnings-related news often covers fiscal quarter and year-end results, segment performance for Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet®, and management’s commentary on turnaround efforts, cost savings, and strategic priorities. These releases also explain the company’s use of non-GAAP measures such as EBITDA, Adjusted EBITDA, Segment Contribution Margin, and Free Cash Flow, providing additional context on how performance is evaluated.
Strategy and transformation are recurring themes in FLWS news. The company has highlighted its multi-year Celebrations Wave plan, which it describes as a sentiment-led Celebrations ecosystem integrating its brands and Relationship Innovation initiatives. Updates may address efforts to become more customer-centric and data-driven, broaden reach beyond its own e-commerce sites into new channels, and leverage advanced technologies, including AI-driven recommendations and predictive analytics.
Corporate developments also feature prominently. Recent announcements include leadership appointments in areas such as the chief executive officer role, marketing, and information technology, underscoring the focus on digital commerce, AI, cybersecurity, and customer-centric growth. Partnership news, such as the expansion of the relationship with Uber Eats to offer 1-800-Flowers.com® arrangements in the app, illustrates how the company extends its gifting reach.
Investors and observers can use this news stream to follow FLWS earnings announcements, strategic initiatives like Celebrations Wave, leadership changes, and collaborations that shape the company’s position in the florists and gifting space.
1-800-FLOWERS.COM has strengthened its personalized gifting platform by acquiring Things Remembered, adding thousands of products with innovative personalization options. CEO Chris McCann emphasized this move solidifies the company's leadership in the personalized gifts market, complementing existing offerings from Personalization Mall. The acquisition aims to enhance the company's e-commerce capabilities and expand product variety for customers celebrating various occasions. Note that the retail stores of Things Remembered are not part of this transaction.
1-800-FLOWERS.COM (FLWS) reported a 1.9% decline in total revenues for Q1 2023, totaling $303.6 million, with a net loss of $33.7 million or $(0.52) per share. Adjusted EBITDA loss was $28.0 million, a steep increase from $5.3 million last year. Despite this, the company anticipates EBITDA between $75 million and $80 million for the full year and expects to generate over $75 million in free cash flow. The company also expects mid-single-digit revenue decline for FY2023 due to macroeconomic pressures.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) will release its fiscal 2023 first-quarter financial results on November 3, 2022, before market opening. A conference call with senior management will follow at 8:00 a.m. (ET). Investors can access the call via live webcast on the company's website, with a replay available shortly after. Forward-looking statements in the release may contain risks that could impact actual results. Investors are encouraged to review SEC filings for detailed risk factors.
1-800-FLOWERS.COM (NASDAQ: FLWS) has launched its Season of Giving campaign to support Feeding America, aiming to address food insecurity this holiday season. From now until December 24, the company will donate 20% of net proceeds from gifts purchased to the nonprofit, with a goal to provide at least 500,000 meals. In 2021, the company donated nearly $6 million worth of food products to Feeding America. The campaign highlights the growing need as inflation impacts food bank demand across the nation.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) announces the appointment of Andy Milevoj as Senior Vice President of Investor Relations, effective September 19, 2022. He succeeds Joe Pititto, who will retire on December 31, 2022, after 23 years. Milevoj brings extensive experience from Barnes & Noble, where he was Vice President of Corporate Finance and Investor Relations. His expertise will be pivotal in enhancing communication with the investment community. The company is recognized for its growth and e-commerce platform, which includes notable brands like 1-800-Flowers.com and Harry & David.
1-800-FLOWERS.COM, Inc. (FLWS) reported its fiscal 2022 full-year net revenues increased 4.0% to a record $2.21 billion, with net income dropping to $29.6 million ($0.45 per diluted share) from $118.7 million ($1.78 per diluted share) in the prior year. The fourth quarter revealed a net loss of $22.3 million, reflecting significant cost increases in labor, shipping, and marketing. Despite challenges, customer acquisition surged, with over 5 million new customers added in fiscal 2022. The forecast for Q1 indicates a revenue decline of 3.0%-6.0% due to inflationary pressures.
On September 1, 2022, 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) will release its financial results for the fourth quarter and full year of fiscal 2022, which ended on July 3, 2022. The press release will occur before the market opens, followed by a conference call at 8:00 a.m. ET. Investors can access the call via webcast on the company's website, with a recording available shortly after. For further queries, the Investor Relations office can be contacted at (516) 237-6131.
Summary not available.
1-800-FLOWERS.COM reported a net loss of $23.4 million ($0.36 per share) for the third quarter of fiscal 2022, down from a net income of $1.4 million last year. Total net revenues were $469.6 million, a decline of 1.0% year-over-year but a 68.4% increase compared to fiscal 2020. Adjusted EBITDA was a loss of $12 million, a downturn from $15.4 million a year ago. The company revised its full-year guidance to forecast revenue growth of 3.0% to 5.0% and adjusted EBITDA between $110 million and $115 million.
1-800-FLOWERS.COM (NASDAQ: FLWS) will announce its fiscal 2022 Q3 financial results on April 28, 2022, before market opening. The results will cover the period ending on March 27, 2022, and a conference call with senior management will follow at 8:00 a.m. ET. Investors can access the call via the company’s website. A replay will be available from 2:00 p.m. ET the same day until May 5, 2022. The company advises that certain statements may be forward-looking and subject to risks.
FAQ
What is the current stock price of 1 800 Flowers Com (FLWS)?
What is the market cap of 1 800 Flowers Com (FLWS)?
