1 800 FLOWERS Earnings Reports

The company faced a challenging fourth quarter with a wider net loss driven by lower sales, reduced gross margins, and higher operating expenses.

1-800-FLOWERS.COM, Inc. reported a 5.7% decrease in second quarter revenue to $775.5 million. Net income increased to $64.3 million, or $1.00 per diluted share. The company is updating its Fiscal 2025 guidance, expecting revenue to decline in the mid-single digits and Adjusted EBITDA to be in the range of $65 million to $75 million.

1-800-FLOWERS.COM, Inc. reported first quarter results generally in-line with expectations, with a slight improvement in e-commerce revenue trends, gross profit margin growth, and reduced expenses from Work Smarter initiatives.

1-800-FLOWERS.COM, Inc. reported a decrease in total consolidated revenues by 9.5% to $360.9 million for the fourth quarter of fiscal year 2024. The company experienced a net loss of $20.9 million, or ($0.32) per share, which was slightly better compared to the prior year period. Despite the revenue decline, the gross profit margin increased by 130 basis points to 38.4% due to lower freight and commodity costs, and logistics optimization efforts.

1-800-FLOWERS.COM, Inc. reported a 9.1% decrease in total consolidated revenues to $379.4 million compared to the prior year period. The company's gross profit margin improved by 300 basis points to 36.6%. They initiated a workforce reduction expected to yield $10.0 million in annualized cost savings, incurring $2.4 million in severance charges during the quarter. Net loss for the quarter was $16.9 million, or $0.26 per share.

1-800-FLOWERS.COM, Inc. reported a decrease in total consolidated revenues by 8.4% to $822.1 million. Net income for the quarter was $62.9 million, or $0.97 per diluted share, including a non-cash impairment charge of $19.8 million. Gross profit margin increased by 230 basis points to 43.3%.

1-800-FLOWERS.COM, Inc. reported its fiscal 2024 first-quarter results, with revenues of $269.1 million and a net loss of $31.2 million. The gross profit margin improved by 450 basis points to 37.9%, and the adjusted EBITDA loss improved by $5.5 million to $22.5 million compared to the prior year period. The company's performance was in line with expectations, benefiting from improving macro trends and efficiency initiatives.

1-800-FLOWERS.COM reported a decrease in total consolidated revenues by 17.9% to $398.8 million for the fourth quarter of fiscal year 2023. The net loss for the quarter was $22.5 million, or ($0.35) per share, and the adjusted EBITDA was a loss of $6.6 million.

1-800-FLOWERS.COM, Inc. reported a decrease in total consolidated revenues by 11.1% to $417.6 million compared to the prior year period. The company's net loss for the quarter was $71.0 million, or $1.10 per share, which includes an after-tax non-cash goodwill and intangible assets impairment charge of $53.1 million or $0.82 per share. Adjusted EBITDA loss improved to $5.5 million, compared with an Adjusted EBITDA loss of $12.0 million in the prior year period.

1-800-FLOWERS.COM, Inc. reported a 4.8% decrease in total consolidated revenues to $897.9 million compared to the prior year period. Net income for the quarter was $82.5 million, and Adjusted EBITDA was $131.4 million. The company is updating its Fiscal 2023 guidance based on its second quarter performance and the current economic environment.

1-800-FLOWERS.COM, Inc. reported first quarter results slightly better than expectations, with total consolidated revenues decreasing 1.9% to $303.6 million compared to the prior year. The company anticipates revenues to decline slightly in fiscal 2023 and expects to generate more than $75 million in Free Cash Flow.

1-800-FLOWERS.COM, Inc. reported Q4 2022 results with a slight decrease in revenue to $485.9 million compared to $487.0 million in the prior year period. The company experienced a net loss of $22.3 million, or ($0.34) per share, compared to a net income of $13.3 million, or $0.20 per diluted share, in the prior year period. The results were impacted by inflationary cost increases in labor, shipping, commodities, and digital marketing.

1-800-FLOWERS.COM, Inc. reported a decrease in total net revenues to $469.6 million, a net loss of $23.4 million, and an adjusted net loss of $21.0 million for the fiscal 2022 third quarter.

1-800-FLOWERS.COM, Inc. reported a 7.5 percent increase in total net revenues for its fiscal 2022 second quarter, reaching $943.0 million compared to $877.3 million in the prior year period. Net income for the quarter was $88.5 million, or $1.34 per diluted share, as compared to $113.7 million, or $1.71 per diluted share, in the prior year period.

1-800-FLOWERS.COM, Inc. reported a 9.0 percent increase in total net revenues, reaching $309.4 million compared to $283.8 million in the prior year period. The company's net loss for the quarter was $13.2 million, or ($0.20) per share. The Company reaffirms its full-year guidance including revenue growth of 10.0 percent-to-12.0 percent and adjusted EBITDA growth of 5.0 percent-to-8.0 percent.

1-800-FLOWERS.COM, Inc. reported a 16.5% increase in total net revenues for the fourth quarter of fiscal 2021, reaching $487.0 million compared to $418.0 million in the prior year period. Net income was $13.3 million, or $0.20 per diluted share, compared with Net Income of $9.8 million, or $0.15 per diluted share in the prior year period.

1-800-Flowers.com reported a 70.1 percent increase in total net revenues to $474.2 million compared to the prior year period, driven by e-commerce growth of 83.2 percent. Net income for the quarter increased $11.1 million to $1.4 million, or $0.02 per share.

1-800-FLOWERS.COM, Inc. reported record revenue and profit for its fiscal 2021 second quarter, with total net revenues increasing by 44.8% to $877.3 million and net income increasing by 53.3% to $113.7 million, driven by strong e-commerce growth.

1-800-FLOWERS.COM, Inc. reported a 51.5% increase in total net revenues to $283.8 million for its fiscal 2021 first quarter, driven by strong e-commerce growth of 85.1%. The company's net loss was $9.8 million, or ($0.15) per share, while adjusted net loss was $6.5 million, or ($0.10) per share. Adjusted EBITDA improved $14.5 million to $3.2 million.

1-800-FLOWERS.COM, Inc. reported a record 61.1% increase in total net revenues, reaching $418.0 million for the fourth quarter of fiscal year 2020. Net income was $9.8 million, or $0.15 per diluted share, while adjusted net income was $15.1 million, or $0.23 per diluted share. The company saw strong growth across all business segments, driven by the COVID-19 pandemic accelerating customer demand for its expanded product offerings.

1-800-FLOWERS.COM, Inc. reported a 12.2 percent increase in total net revenues, reaching $278.8 million compared to $248.4 million in the prior year period. The company experienced a net loss of $9.7 million, or a loss of $0.15 per share, and an adjusted net loss of $9.0 million, or a loss of $0.14 per share. Adjusted EBITDA was a loss of $2.4 million, compared to a loss of $4.4 million in the prior year period.

1-800-FLOWERS.COM, Inc. reported total revenues of $605.6 million, up 6.0 percent compared to the prior year. Net income was $74.2 million, or $1.12 EPS. Adjusted EBITDA was $110.7 million, up 7.4 percent compared to the prior year.