1 800 Flowers Com Inc SEC Filings

1-800-FLOWERS.COM, Inc. reported lower sales and continued losses for the quarter ended March 29, 2026. Net revenues fell to $293.0 million from $331.5 million, mainly because the company prioritized marketing profitability over growth, especially in Consumer Floral & Gifts.

Gross profit declined to $97.3 million, but the gross margin improved to 33.2% as pricing and promotion became more disciplined. The company posted a net loss of $100.1 million, narrower than last year’s $178.2 million, and a basic and diluted loss per share of $1.56.

Results were heavily affected by a non-cash goodwill and intangible impairment charge of $45.2 million in the Consumer Floral & Gifts segment and $5.5 million of severance and restructuring costs tied to a workforce reduction. For the nine months, revenue declined to $1.21 billion from $1.35 billion, with a net loss of $82.5 million, while free cash flow improved to $20.0 million as operating cash flow rose and capital spending was reduced.

1-800-FLOWERS.COM, Inc. reported Fiscal 2026 third quarter revenue of $293.0 million, down 11.6% from the prior year as the company shifted toward more disciplined, profitability-focused marketing. Gross profit margin improved to 33.2% from 31.7%, reflecting better pricing and cost actions.

Operating expenses were $191.9 million, including a $45.2 million non-cash goodwill and intangible impairment tied to the Consumer Floral & Gifts segment and the Personalization Mall trademark. The company posted a net loss of $100.1 million, or $(1.56) per share, versus a net loss of $178.2 million, or $(2.80) per share, a year earlier.

On an adjusted basis, net loss was $49.6 million, or $(0.77) per share, and Adjusted EBITDA was a loss of $31.2 million, modestly better than the prior-year Adjusted EBITDA loss of $34.9 million. By segment, Consumer Floral & Gifts revenue fell 18.7% to $159.4 million but saw higher margins and contribution, Gourmet Foods & Gift Baskets revenue was essentially flat at $106.9 million with improved profitability, and BloomNet revenue declined 5.9% to $26.9 million.

For Fiscal 2026, the company expects revenue to decline by approximately 10% to 12% year over year and projects Adjusted EBITDA to be approximately breakeven, within plus or minus $2 million, including about $22 million of incentive compensation and consultant costs.

Fund 1 Investments, LLC, a 10% owner of 1-800-Flowers.com, reported multiple open-market sales of Class A common stock over several days. According to the filing’s transaction summary, affiliated vehicles sold 1,752,433 shares in total. Individual trades occurred at prices such as $4.5214, $4.8457 and $4.0303 per share. After these sales, one reported line shows 3,607,004 shares of Class A common stock indirectly owned. The shares are held by private investment vehicles advised by Pleasant Lake Partners LLC, with Fund 1 Investments as managing member, and the reporting person disclaims beneficial ownership except to the extent of its pecuniary interest.

1-800-FLOWERS.COM, Inc. outlines the separation terms for former President Thomas Hartnett, who moved to Special Advisor in November 2025 and left the company on February 28, 2026. The separation arrangements became effective April 17, 2026.

Hartnett will receive continued base salary over a 68-week severance period totaling $823,846, a pro rata fiscal 2026 cash bonus tied to the Company’s Sharing Success Plan performance, and healthcare continuation during the severance period. He also receives accelerated vesting of restricted stock granted in December 2023 and November 2024 and an extended exercise period for stock options granted in November 2022, which he may now exercise until the end of their term. The agreement includes a general release of claims in favor of the Company and Hartnett’s commitment to certain restrictive covenants.

1-800-Flowers.com Inc. ownership disclosure: Dimensional Fund Advisors reports beneficial ownership of 1,785,965 shares of Common Stock, representing 4.8% of the class, based on the filing covering 03/31/2026. The filing states Dimensional disclaims beneficial ownership and that the shares are owned by affiliated Funds.

The filing lists sole voting power for 1,742,912 shares and sole dispositive power for 1,785,965 shares, and notes that no single Fund is known to exceed 5% ownership. The form is an amendment signed by the reporting person’s compliance officer on 04/09/2026.

1-800-Flowers.com Chief Commercial Officer Jonathan J. Feldman reported a tax-related share disposition. On the vesting of restricted shares, the company withheld 4,643 shares of Class A Common Stock at $3.08 per share to cover tax obligations.

After this deemed disposition, Feldman directly holds 263,222 Class A shares. This event reflects routine tax withholding associated with equity compensation, rather than an open-market purchase or sale decision.

Fund 1 Investments, LLC reported a significant ownership position in 1-800-FLOWERS.COM, Inc., disclosing beneficial ownership of 5,359,437 shares of Class A Common Stock, representing 14.64% of the class. All shares are held through private investment funds advised by Pleasant Lake Partners LLC.

The filing states Fund 1 has shared voting and shared dispositive power over all reported shares and no sole voting or dispositive power. The ownership percentage is based on 36,598,694 Class A shares outstanding as of October 24, 2025, as referenced from the company’s Form 10-Q.

The filer certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.

Newtyn Management, LLC filed an amended Schedule 13G reporting beneficial ownership of 3,500,000 shares of 1 800 FLOWERS INC Class A common stock, representing 9.6% of the class. As of December 31, 2025, these shares were held in the aggregate for funds it manages.

Newtyn TE Partners, LP directly held 2,185,210 shares, or 6.0% of the class, with Newtyn Management acting as investment manager. The filers certify the holdings were not acquired for the purpose of changing or influencing control of the company.

1-800-FLOWERS.COM reported lower revenue but solid holiday profitability in its quarter ended December 28, 2025. Net revenues fell to $702.2 million from $775.5 million, as the company prioritized marketing efficiency over near-term growth. E-commerce sales declined about 12% as order volumes dropped, though average order value increased.

Gross margin narrowed to 42.1%, pressured by sales deleverage and higher tariffs, commodities, and shipping costs across segments. Quarterly net income nonetheless improved to $70.6 million from $64.3 million, helped by lower taxes, while six-month net income dropped to $17.6 million from $30.2 million.

The company generated strong cash flow, with operating cash of $170.9 million and free cash flow of $156.6 million in the first six months. Cash and cash equivalents rose to $193.3 million, and there were no borrowings on the revolving credit facility, though a $151.0 million term loan remains outstanding. Management recorded $6.1 million in severance and restructuring charges tied to a workforce reduction aimed at cost savings and organizational streamlining.