1 800 Flowers Com Inc Stock Price, News & Analysis

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) reported a remarkable 70.1% increase in total consolidated revenues for Q3 Fiscal 2021, totaling $474.2 million. This growth was driven by an 83.2% rise in e-commerce revenue, bolstered by the acquisition of PersonalizationMall.com. Net income surged to $1.4 million, a significant turnaround from a net loss of $9.7 million in the same period last year. The company anticipates continued momentum, projecting revenue exceeding $2 billion and double-digit growth for the next fiscal year, driven by a growing customer base and strong online demand.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) will release its fiscal 2021 third-quarter financial results on April 29, 2021, before market opening. The subsequent conference call, featuring senior management, is scheduled for 8:00 a.m. (EDT) and will be accessible via a live webcast. A replay will be available on the company’s website shortly after the call. Forward-looking statements regarding the company's financial outlook will be made, which may involve risks and uncertainties as noted in their SEC filings.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has launched a new birthday gifting hub to enhance customer celebrations during the ongoing demand for virtual events. The hub offers a birthday gift guide with trending products, including floral bouquets, gift baskets, and gourmet treats. A special BIRTHYAY! gift collection supports the differently abled community by donating 20% of net proceeds to Smile Farms. The initiative aims to provide creative gifting solutions while facilitating social connections through blog resources and loyalty programs that offer free shipping.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) reported record financial results for its Fiscal 2021 second quarter, ending December 27, 2020. Total consolidated revenues surged 44.8% to $877.3 million, driven by a 59.7% ecommerce growth, including contributions from PersonalizationMall.com. Net income rose 53.3% to $113.7 million, or $1.71 per diluted share. The company anticipates continued strong growth, projecting a 45-50% revenue increase for the third fiscal quarter. Investments in brands and technology have strengthened its ecommerce platform, enhancing shareholder returns.

1-800-Flowers.com has introduced a variety of innovative products and services for Valentine's Day, including unique floral arrangements and gift packages. The company plans to deliver approximately 22 million stems, including 14 million roses. The offerings include artisan bouquets, preserved roses, and collaborations with designer Jason Wu. They are also providing multi-day delivery options, a floral subscription service, and themed online resources. Customers can enjoy discounts for early orders and free shipping for Celebrations Passport members. The brand aims to enhance the gifting experience during this special holiday.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) will release its fiscal 2021 second quarter financial results, ending December 26, 2020, on January 28, 2021. The press release will precede an 8:00 a.m. ET conference call, accessible via live webcast on the Company’s website. A recording will be available shortly after the call, with telephonic replay options provided. A reminder that forward-looking statements regarding the results may include risks that could affect actual outcomes, as detailed in SEC filings. The company is a leading gift provider, aiming to enhance customer connections.

BloomNet collaborates with Card Isle to enhance its retail members' offerings by introducing a customizable greeting card program. This initiative responds to consumer preferences, with 82% of Americans favoring printed cards over digital alternatives. The program enables members to create personalized greeting cards at no upfront cost, integrating seamlessly with BloomNet Commerce Websites. The initiative aims to boost revenue for florists, attract new customers, and strengthen relationships with existing ones. The personalized cards were notably successful during the 2020 holiday season.

1-800-FLOWERS.COM (FLWS) reported a 51.5% increase in total revenues to $283.8 million for Q1 Fiscal 2021, driven by strong growth across all business segments and the acquisition of PersonalizationMall.com. Excluding PMall, revenues rose 40.6%. Despite a net loss of $9.8 million ($0.15 per share), Adjusted EBITDA improved substantially to $3.2 million from a loss in the previous year. The company anticipates Q2 revenue growth of 22-26% and expects continued strong e-commerce demand, although it acknowledges challenges related to the COVID-19 pandemic.