1 800 Flowers Com Inc Stock Price, News & Analysis

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.

On October 28, 2020, 1-800-FLOWERS.COM (NASDAQ: FLWS) announced the launch of a new corporate gifting website aimed at enhancing business customer engagement. The platform consolidates offerings from the company's various brands, including Harry & David and Cheryl's Cookies. It features self-service options, a wide range of customizable gifts, and innovative services like SmartGift for remote employees. This initiative is designed to help businesses strengthen relationships with employees and clients in a remote work environment.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has launched a nationwide holiday campaign titled "Season of Sharing" to benefit No Kid Hungry. From now until December 24, 20% of the net proceeds from a specially curated holiday gift collection will be donated to help feed children in need. For every dollar donated, No Kid Hungry can provide up to 10 meals. The collection includes 24 unique gifts, and a minimum commitment of $50,000 is pledged from the company. Customers can also join the Celebrations Passport loyalty program for added savings.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) will announce its fiscal 2021 first-quarter financial results on October 29, 2020. The results will cover the period ending September 27, 2020, and will be released prior to market opening. A conference call with senior management is scheduled for 8:00 a.m. ET, with a live webcast available on their Investor Relations website. A telephonic replay will be accessible starting at 2:00 p.m. ET on the same day until November 6, 2020.

1-800-Flowers.com continues to enhance its offerings by introducing approximately 30 new and exclusive plant products at The Plant Shop. These additions include faux plants, hanging plants, houseplants, succulents, blooming plants, and orchids. The company is responding to the growing demand for plants for home decor and gifting, providing expert care resources to support customers. The new products, available with two-day shipping, aim to establish The Plant Shop as a leading destination for trendy greenery.

1-800-FLOWERS.COM (NASDAQ: FLWS) plans to hire over 10,000 seasonal associates for the holiday season across its gourmet foods and gift brands. Hiring has begun at brands such as Harry & David and Cheryl's Cookies. The company aims to meet increased demand during what is anticipated to be an unusual shopping period. Roles include production, gift assembly, customer service, and distribution. Perks such as gift card drawings and referral bonuses are available. Interested candidates can apply online at 1800flowersinc.com.

1-800-Flowers.com has partnered with Universal Pictures Home Entertainment to enhance gifting experiences by offering digital movies as add-ons. Customers can purchase popular films from the Universal vault, including recent releases like Trolls World Tour and The Invisible Man, for $6.99 or $9.99. This collaboration allows gift recipients to select their preferred movie using the Movies Anywhere app. The initiative aims to personalize gifting occasions during a time when home entertainment is increasingly popular. The launch includes curated lists to help customers choose suitable films for various occasions.