FLWS
1-800-FLOWERS.COMFDocument history
Earnings documents stored for FLWS.
Investor releaseQuarter not tagged2026-09-111-800-Flowers.com Inc (FLWS) (Q4 2026) Earnings Call Highlights: Revenue Slump and Cost Cuts as ...
GuruFocus.com
1-800-Flowers.com Inc (FLWS) (Q4 2026) Earnings Call Highlights: Revenue Slump and Cost Cuts as ...
This article first appeared on GuruFocus. Q4 Revenue: Declined 12.9% to $293.1 million. Q4 Segment Revenue: Consumer Floral & Gift down 13.4%; Gourmet Foods & Gift Baskets down 15.4% (Easter timing impact); BloomNet up 1.9%. Full-Year Revenue: Declined 10.8% to $1.5 billion. Transactions: Declined 17.6% for the full fiscal year. Average Order Value (AOV): Increased 5.5% for the full fiscal year. Q4 Adjusted Gross Margin: 34.7% vs. 35.5% prior year, reflecting sales deleveraging, higher commodity costs and inventory reserves, partly offset by cost reductions and ~$7 million tariff refund benefit. Full-Year Adjusted Gross Margin: 38.0% vs. 39.1% last year. Q4 Operating Expenses: Decreased $8.9 million year over year to $150.8 million (excluding non-recurring charges and deferred comp plan impact). Q4 Adjusted EBITDA: Loss of $31.0 million vs. loss of $24.2 million prior year. Full-Year Adjusted EBITDA: $2.9 million vs. $29.2 million prior year. Cost Savings: Completed original $50 million run-rate savings target ahead of plan; identified additional $15$20 million of opportunities across COGS and operating expenses, expected to be executed in fiscal 2027 with full benefit in fiscal 2028. Net Debt: $128 million at fiscal year end vs. $114 million a year ago. Cash: $11 million at fiscal year end. Inventory: $153 million vs. $177 million last year. Debt: $139 million in term debt and no revolver borrowings vs. $160 million in term debt a year ago. Free Cash Flow: Improved $55 million compared with prior year. Customers: 7.5 million customers at fiscal year end; over 800,000 Passport members; 77% of revenue from existing customers. Multi-Category Customers: 12% of customers and 26% of revenues in fiscal 2026. Passport Loyalty Members: 9% of customer base and 19% of revenues in fiscal 2026. Fiscal 2027 Revenue Outlook: Expected to decline in the mid-single-digit range. Fiscal 2027 Adjusted EBITDA Outlook: Expected in the range of $10 million to $15 million, including approximately $12 million of additional variable compensation expense vs. fiscal 2026. Warning! GuruFocus has detected 4 Warning Signs with FLWS. Is FLWS fairly valued? Test your thesis with our free DCF calculator. Release Date: September 10, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Amended credit facility provides additional financial fl…Read full documentShow less
This article first appeared on GuruFocus. Q4 Revenue: Declined 12.9% to $293.1 million. Q4 Segment Revenue: Consumer Floral & Gift down 13.4%; Gourmet Foods & Gift Baskets down 15.4% (Easter timing impact); BloomNet up 1.9%. Full-Year Revenue: Declined 10.8% to $1.5 billion. Transactions: Declined 17.6% for the full fiscal year. Average Order Value (AOV): Increased 5.5% for the full fiscal year. Q4 Adjusted Gross Margin: 34.7% vs. 35.5% prior year, reflecting sales deleveraging, higher commodity costs and inventory reserves, partly offset by cost reductions and ~$7 million tariff refund benefit. Full-Year Adjusted Gross Margin: 38.0% vs. 39.1% last year. Q4 Operating Expenses: Decreased $8.9 million year over year to $150.8 million (excluding non-recurring charges and deferred comp plan impact). Q4 Adjusted EBITDA: Loss of $31.0 million vs. loss of $24.2 million prior year. Full-Year Adjusted EBITDA: $2.9 million vs. $29.2 million prior year. Cost Savings: Completed original $50 million run-rate savings target ahead of plan; identified additional $15$20 million of opportunities across COGS and operating expenses, expected to be executed in fiscal 2027 with full benefit in fiscal 2028. Net Debt: $128 million at fiscal year end vs. $114 million a year ago. Cash: $11 million at fiscal year end. Inventory: $153 million vs. $177 million last year. Debt: $139 million in term debt and no revolver borrowings vs. $160 million in term debt a year ago. Free Cash Flow: Improved $55 million compared with prior year. Customers: 7.5 million customers at fiscal year end; over 800,000 Passport members; 77% of revenue from existing customers. Multi-Category Customers: 12% of customers and 26% of revenues in fiscal 2026. Passport Loyalty Members: 9% of customer base and 19% of revenues in fiscal 2026. Fiscal 2027 Revenue Outlook: Expected to decline in the mid-single-digit range. Fiscal 2027 Adjusted EBITDA Outlook: Expected in the range of $10 million to $15 million, including approximately $12 million of additional variable compensation expense vs. fiscal 2026. Warning! GuruFocus has detected 4 Warning Signs with FLWS. Is FLWS fairly valued? Test your thesis with our free DCF calculator. Release Date: September 10, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Amended credit facility provides additional financial flexibility, including retaining a portion of asset sale proceeds for reinvestment and supporting a capital raising process. Achieved original $50 million cost savings target ahead of schedule and identified an additional $15-$20 million in savings to be executed in fiscal 2027. Third-party marketplace relationships (Amazon, DoorDash, Instacart) are growing rapidly with positive marketing contribution margin and minimal cannibalization. BloomNet segment grew 1.9% in Q4, driven by local marketplace apps and improved florist fulfillment, serving as a leading indicator for the broader business. Strategic initiatives to modernize digital experience, marketing capabilities, and loyalty program are underway, with multi-touch attribution and AI-powered search expected to improve conversion and customer lifetime value. Consolidated Q4 revenue declined 12.9% to $293.1 million, with full-year revenue down 10.8% to $1.5 billion. Adjusted EBITDA for fiscal 2026 fell to $2.9 million from $29.2 million in the prior year, and Q4 adjusted EBITDA loss widened to $31 million. Gross margin contracted due to sales deleveraging, higher commodity costs (especially cocoa), and inventory reserves, partially offset by tariff refunds. Fiscal 2027 guidance expects mid-single-digit revenue decline and adjusted EBITDA of only $10-$15 million, including $12 million of incremental variable compensation expense. The company is evaluating capital raising and potential divestitures amid a challenging consumer discretionary spending environment, with no assurance of successful outcomes. Q: You are guiding $10 million to $15 million in adjusted EBITDA for fiscal 2027. Can you give us a bridge to that number, particularly regarding consulting fees, cost savings, gross margin improvement, and marketing efficiencies?A: James McCann, Executive Chairman: Starting from the $2.9 million of reported adjusted EBITDA in fiscal 2026, we expect to benefit from approximately $50 million of run-rate cost savings in fiscal 2027, with consulting costs fully behind us. However, those savings are partially offset by the expected mid-single-digit revenue decline flowing through gross margin, continued investments in marketing, the MarTech stack, and digital customer experience, plus approximately $12 million of incremental variable compensation compared to last year. That bridge gets us from $2.9 million to the $10 million to $15 million range. Q: Can you discuss the credit facility amendment and how investors should view it? Is it just for operating flexibility, or does it reflect changed expectations for liquidity or operating performance?A: James McCann, Executive Chairman: The bank amendment, potential asset sales, and capital raise evaluation are all interconnected parts of our broader effort to strengthen the company's financial position and support our transformation. The amendment provides additional covenant flexibility and lets us deploy a portion of any potential asset sale proceeds back into growth initiatives. The non-strategic asset sales help simplify the business and generate liquidity, while the capital raise evaluation with Guggenheim Securities will determine whether incremental capital can further enhance our ability to execute the transformation and support future growth. Q: How did Mother's Day perform versus expectations, and what learnings from Valentine's Day were applied? How are you shifting marketing messaging for the holiday season?A: Adolfo Villagomez, CEO: Valentine's Day was a major strategic shift where, for the first time, we favored what the customer wanted rather than what we wanted to sell. We applied those learnings to Mother's Day, and the trajectory aligned with our expectations. A key improvement was aligning the value proposition between florist-fulfilled and direct-ship channels, testing the same SKU across both channels to eliminate confusing price gaps. On 1800flowers.com, the flowers category is already growing in most weeks, though we are compensating for declines in other categories. We are now measuring incrementality and conversion, and when tests work, we roll them out across our websites. Q: What is the current mix between florist-fulfilled and direct fulfillment in the consumer floral business, and is there an optimal mix you are targeting?A: James McCann, Executive Chairman: Currently, plus 60% is florist-fulfilled, and that percentage has been increasing. There is an optimal mix, but it is really about getting the right product to customers through the best fulfillment channel. Adolfo Villagomez, CEO: We do not have a target mix in mind. We want to provide customer choice. If a customer is in Manhattan with plenty of florists, florist delivery is the best experience. But if someone is sending a gift to Big Sky, Montana, where there is no florist, direct ship is necessary. We are aligning the value propositions to get to an optimal mix driven by what the customer wants. Q: Can you comment on your efforts to improve marketing spending productivity? Are there metrics like customer acquisition cost that show progress?A: Adolfo Villagomez, CEO: In 2026, we implemented marketing contribution margin as a disciplineif a transaction is not contribution margin positive including acquisition cost, we do not spend the money. Our customer acquisition costs declined and customer lifetime value increased, but for a $1.5 billion business, we need revenue growth for operational efficiencies to kick in. We are investing in capabilities including multi-touch attribution going live across all websites in October, redesigning our loyalty program with a wallet to measure retention and incrementality, and modernizing our media team. The challenge in 2027 is to demonstrate these capabilities deliver revenue growth, with the trajectory improving as the year goes by. Q: What is the cadence of sales performance expected in fiscal 2027? Do you think the top-line can be flat or slightly up by Q4?A: James McCann, Executive Chairman: We expect the rate of revenue decline to moderate as we progress throughout 2027 as these initiatives gain traction. We do not expect improvements to be linear from quarter to quarter and are not giving specific quarterly guidance, but we do anticipate seeing improvement on the top-line throughout the year. Adolfo Villagomez, CEO: The key point is we do expect the revenue trajectory to improve. Q: Regarding potential divestitures, are you talking about brand sales or hard assets like facilities? Can you convey the profitability of each brand individually?A: James McCann, Executive Chairman: We are evaluating potential divestitures to simplify the business and optimize the capital structure, focused on non-strategic assets where ownership may not be necessary to support our long-term strategy, including situations where we could work with third-party partners in a more capital-efficient model. We are not commenting on specific divestitures but are looking at everything, both brands and hard assets. Q: Can you provide an update on your third-party distribution relationships with Amazon, DoorDash, and Instacart? Are you seeing any cannibalization of your own digital channels?A: Adolfo Villagomez, CEO: Those relationships are going really welldouble, sometimes triple digits from a very small baseand they are marketing contribution margin positive. Our marketplace team is doing a great job, and customers on those sites like our products and value proposition. Regarding cannibalization, we have found very little to non-existent. Even if it is the same individual, the mindset is differentmarketplaces like Amazon are designed to buy for yourself, while our websites are positioned for gifting to somebody else. We believe we have a premier gifting platform, and that occasion makes cannibalization minimal. Q: BloomNet was a bright spot with sales increasing slightly. What is driving that, and can you sustain modest growth?A: James McCann, Executive Chairman: The increase was about $500,000 year over year. One of the main drivers is our local marketplacesales processed through DoorDash, Instacart, and Uber Eatsplus a decent Mother's Day on the florist-to-fill front. Adolfo Villagomez, CEO: I think of BloomNet as a leading indicator. Our flowers category is growing, we are favoring the florist-deliver business because that is what the customer wants, and the third-party For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Investor releaseQuarter not tagged2026-09-101-800-FLOWERS.COM, Inc. Q4 2026 Earnings Call Summary
Moby
1-800-FLOWERS.COM, Inc. Q4 2026 Earnings Call Summary
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Transitioned from a brand-centric to a function-based organization to create clear accountability across marketing, merchandising, and digital experience teams. Achieved the original $50 million two-year cost savings target within one year by improving marketing efficiency and streamlining internal operations. Prioritized revenue contribution margin over top-line growth in fiscal 2026, intentionally reducing marketing spend that did not meet incrementality or profitability thresholds. Consolidated the digital ecosystem by moving low-traffic standalone websites into categories within flagship platforms like Harry & David to leverage scale and improve efficiency. Broke down internal silos between florist-fulfilled and direct-ship teams to align assortments and eliminate confusing price gaps for identical products. Modernized the digital experience through mobile-first designs, AI-powered search, and dynamic product ranking currently being A/B tested on the Harry & David site. Revenue is expected to decline in the mid-single-digit range for fiscal 2027, with the rate of decline anticipated to moderate as strategic initiatives gain traction. Adjusted EBITDA guidance of $10 million-$15 million includes a $12 million headwind from incremental variable compensation compared to the prior year. Identified an additional $15 million-$20 million in cost-saving opportunities across COGS and OpEx to be executed in fiscal 2027, with full benefits realized in fiscal 2028. Management plans to reinvest a significant portion of cost savings into marketing technology, personalized engagement, and full-funnel customer acquisition. Strategic focus shifts to four key pillars: accelerating revenue recovery, modernizing the customer journey, increasing marketing productivity, and disciplined capital allocation. Amended credit facility to provide greater covenant relief and flexibility to retain proceeds from potential asset sales for reinvestment. Retained Guggenheim Securities to evaluate capital-raising options, including potential debt or equity financing and divestitures of non-strategic assets. Fourth quarter gross margin was impacted by sales deleveraging and higher commodity costs, partially offset by an approximately $7 mill…Read full documentShow less
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Transitioned from a brand-centric to a function-based organization to create clear accountability across marketing, merchandising, and digital experience teams. Achieved the original $50 million two-year cost savings target within one year by improving marketing efficiency and streamlining internal operations. Prioritized revenue contribution margin over top-line growth in fiscal 2026, intentionally reducing marketing spend that did not meet incrementality or profitability thresholds. Consolidated the digital ecosystem by moving low-traffic standalone websites into categories within flagship platforms like Harry & David to leverage scale and improve efficiency. Broke down internal silos between florist-fulfilled and direct-ship teams to align assortments and eliminate confusing price gaps for identical products. Modernized the digital experience through mobile-first designs, AI-powered search, and dynamic product ranking currently being A/B tested on the Harry & David site. Revenue is expected to decline in the mid-single-digit range for fiscal 2027, with the rate of decline anticipated to moderate as strategic initiatives gain traction. Adjusted EBITDA guidance of $10 million-$15 million includes a $12 million headwind from incremental variable compensation compared to the prior year. Identified an additional $15 million-$20 million in cost-saving opportunities across COGS and OpEx to be executed in fiscal 2027, with full benefits realized in fiscal 2028. Management plans to reinvest a significant portion of cost savings into marketing technology, personalized engagement, and full-funnel customer acquisition. Strategic focus shifts to four key pillars: accelerating revenue recovery, modernizing the customer journey, increasing marketing productivity, and disciplined capital allocation. Amended credit facility to provide greater covenant relief and flexibility to retain proceeds from potential asset sales for reinvestment. Retained Guggenheim Securities to evaluate capital-raising options, including potential debt or equity financing and divestitures of non-strategic assets. Fourth quarter gross margin was impacted by sales deleveraging and higher commodity costs, partially offset by an approximately $7 million benefit from tariff refunds. Cocoa prices remain a year-over-year headwind, while management is closely monitoring fuel surcharges on outbound shipping as a potential risk factor. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. The bridge starts with $2.9 million in reported EBITDA, adding $50 million in run-rate cost savings and the roll-off of consulting fees. These gains are offset by the mid-single-digit revenue decline, $12 million in incremental variable compensation, and planned reinvestments in marketing and technology. Sales through Amazon, DoorDash, and Instacart are growing at double to triple digits and are marketing contribution margin positive. Management reported minimal cannibalization because third-party platforms cater to 'buy-for-self' mindsets, while the core site remains a premier gifting destination. The company is moving away from 'last-touch' attribution, which overvalued Google clicks, toward a multi-touch attribution model launching in October. Management admitted they likely left some transactions on the table in 2026 by 'putting the brakes' on spending to ensure every dollar was contribution margin positive. Evaluation focuses on non-strategic assets where ownership is not essential to the long-term transformation strategy. The goal is to simplify the business and move toward a more capital-efficient model by potentially working with third-party partners for certain functions.
Investor releaseQuarter not tagged2026-09-101-800-FLOWERS’s (NASDAQ:FLWS) Q2 CY2026 Earnings Results: Non-GAAP EPS Misses Expectations, Stock Drops 15.5%
StockStory
1-800-FLOWERS’s (NASDAQ:FLWS) Q2 CY2026 Earnings Results: Non-GAAP EPS Misses Expectations, Stock Drops 15.5%
E-commerce florist and gift retailer 1-800-FLOWERS (NASDAQ:FLWS) met Wall Street’s revenue expectations in Q2 CY2026, but sales fell by 12.9% year on year to $293.1 million. Its non-GAAP loss of $0.80 per share was 11.6% below analysts’ consensus estimates. Is now the time to buy 1-800-FLOWERS? Find out in our full research report. Revenue: $293.1 million vs analyst estimates of $293.6 million (12.9% year-on-year decline, in line) Adjusted EPS: -$0.80 vs analyst expectations of -$0.72 (11.6% miss) Adjusted EBITDA: -$31.02 million (-10.6% margin, 27.9% year-on-year decline) EBITDA guidance for the upcoming financial year 2027 is $12.5 million at the midpoint, below analyst estimates of $20.02 million Operating Margin: -19.2%, down from -13.5% in the same quarter last year Free Cash Flow was -$33 million compared to -$36.1 million in the same quarter last year Market Capitalization: $223.7 million Founded in 1976, 1-800-FLOWERS (NASDAQ:FLWS) is an online retailer of flowers, gifts, and gourmet foods, serving customers globally. A company’s long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Over the last five years, 1-800-FLOWERS’s demand was weak and its revenue declined by 6.7% per year. This was below our standards and suggests it’s a low quality business. We at StockStory place the most emphasis on long-term growth, but within consumer discretionary, a stretched historical view may miss a company riding a successful new product or trend. 1-800-FLOWERS’s recent performance shows its demand remained suppressed as its revenue has declined by 9.4% annually over the last two years. This quarter, 1-800-FLOWERS reported a rather uninspiring 12.9% year-on-year revenue decline to $293.1 million of revenue, in line with Wall Street’s estimates. Looking ahead, sell-side analysts expect revenue to remain flat over the next 12 months. While this projection indicates its newer products and services will catalyze better top-line performance, it is still below average for the sector. ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable. These three platforms are running that exact playbook righ…Read full documentShow less
E-commerce florist and gift retailer 1-800-FLOWERS (NASDAQ:FLWS) met Wall Street’s revenue expectations in Q2 CY2026, but sales fell by 12.9% year on year to $293.1 million. Its non-GAAP loss of $0.80 per share was 11.6% below analysts’ consensus estimates. Is now the time to buy 1-800-FLOWERS? Find out in our full research report. Revenue: $293.1 million vs analyst estimates of $293.6 million (12.9% year-on-year decline, in line) Adjusted EPS: -$0.80 vs analyst expectations of -$0.72 (11.6% miss) Adjusted EBITDA: -$31.02 million (-10.6% margin, 27.9% year-on-year decline) EBITDA guidance for the upcoming financial year 2027 is $12.5 million at the midpoint, below analyst estimates of $20.02 million Operating Margin: -19.2%, down from -13.5% in the same quarter last year Free Cash Flow was -$33 million compared to -$36.1 million in the same quarter last year Market Capitalization: $223.7 million Founded in 1976, 1-800-FLOWERS (NASDAQ:FLWS) is an online retailer of flowers, gifts, and gourmet foods, serving customers globally. A company’s long-term performance is an indicator of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Over the last five years, 1-800-FLOWERS’s demand was weak and its revenue declined by 6.7% per year. This was below our standards and suggests it’s a low quality business. We at StockStory place the most emphasis on long-term growth, but within consumer discretionary, a stretched historical view may miss a company riding a successful new product or trend. 1-800-FLOWERS’s recent performance shows its demand remained suppressed as its revenue has declined by 9.4% annually over the last two years. This quarter, 1-800-FLOWERS reported a rather uninspiring 12.9% year-on-year revenue decline to $293.1 million of revenue, in line with Wall Street’s estimates. Looking ahead, sell-side analysts expect revenue to remain flat over the next 12 months. While this projection indicates its newer products and services will catalyze better top-line performance, it is still below average for the sector. ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable. These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE. Operating margin is an important measure of profitability as it shows the portion of revenue left after accounting for all core expenses — everything from the cost of goods sold to advertising and wages. It’s also useful for comparing profitability across companies with different levels of debt and tax rates because it excludes interest and taxes. 1-800-FLOWERS’s operating margin has shrunk over the last 12 months and averaged negative 4.3% over the last two years. Unprofitable consumer discretionary companies with falling margins deserve extra scrutiny because they’re spending loads of money to stay relevant, an unsustainable practice. In Q2, 1-800-FLOWERS generated a negative 19.2% operating margin. The company’s consistent lack of profits raises a flag. Revenue trends explain a company’s historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth — for example, a company could inflate its sales through excessive spending on advertising and promotions. Sadly for 1-800-FLOWERS, its EPS declined by 21.5% annually over the last five years, more than its revenue. This tells us the company struggled because its fixed cost base made it difficult to adjust to shrinking demand. In Q2, 1-800-FLOWERS reported adjusted EPS of negative $0.80, down from negative $0.69 in the same quarter last year. This print missed analysts’ estimates. Over the next 12 months, Wall Street expects 1-800-FLOWERS to improve its earnings losses. Analysts forecast its full-year EPS will improve from negative $1.20 to negative $0.33. We struggled to find many positives in these results. Its full-year EBITDA guidance missed and its EPS fell short of Wall Street’s estimates. Overall, this was a weaker quarter. The stock traded down 15.5% to $2.95 immediately following the results. 1-800-FLOWERS didn’t show its best hand this quarter, but does that create an opportunity to buy the stock right now? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it’s free.
Investor releaseQuarter not tagged2026-09-101-800-FLOWERS.COM, Inc. Reports Fiscal 2026 Fourth Quarter and Year-End Results
Business Wire
1-800-FLOWERS.COM, Inc. Reports Fiscal 2026 Fourth Quarter and Year-End Results
Reports Fiscal Year 2026 Revenue of $1.50 billion, a Net Loss of $134.8 million, which includes a $45.2 million Non-Cash Goodwill and Intangible Impairment Charge, and Adjusted EBITDA1 of $2.9 million Company Amends Credit Agreement to Enhance Financial Flexibility and Evaluates a Range of Capital Raising Options to Optimize Capital Structure and Support Strategic Initiatives Provides Outlook for Fiscal Year 2027 JERICHO, N.Y., September 10, 2026--(BUSINESS WIRE)--1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading provider of thoughtful expressions designed to help inspire customers to give more, connect more, and build more and better relationships, today reported results for its Fiscal 2026 fourth quarter and year ended June 28, 2026. "Fiscal 2026 was a year of meaningful progress as we strengthened the foundation of our business and positioned the Company for its next phase of transformation," said Adolfo Villagomez, Chief Executive Officer of 1-800-Flowers.com. "We strengthened our leadership team, began to modernize our digital and marketing capabilities, simplified how we operate, and became a more customer-first, data-driven organization. As we enter fiscal 2027, accelerating the recovery of our revenue trends is our highest priority. We will continue building these capabilities while increasingly putting them to work to improve customer acquisition, engagement, and retention and to drive better business performance over time." "As part of our continued efforts to enhance our financial flexibility and support the ongoing transformation of the business, we recently amended our credit agreement to provide additional financial flexibility," continued Mr. Villagomez. "We are also evaluating a range of options, including the sale of non-strategic assets and capital raising options, intended to optimize our capital structure and support investments in our transformation and drive future growth. While this work is underway, we remain focused on executing our fiscal 2027 priorities and improving the fundamental drivers of our business." Credit Agreement Amendment The Company announced that it has amended its credit agreement to extend its existing covenant relief and provide the Company with additional flexibility to use a portion of the proceeds from potential asset sales to invest in strategic initiatives and support the ongoing transformation of the busines…Read full documentShow less
Reports Fiscal Year 2026 Revenue of $1.50 billion, a Net Loss of $134.8 million, which includes a $45.2 million Non-Cash Goodwill and Intangible Impairment Charge, and Adjusted EBITDA1 of $2.9 million Company Amends Credit Agreement to Enhance Financial Flexibility and Evaluates a Range of Capital Raising Options to Optimize Capital Structure and Support Strategic Initiatives Provides Outlook for Fiscal Year 2027 JERICHO, N.Y., September 10, 2026--(BUSINESS WIRE)--1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading provider of thoughtful expressions designed to help inspire customers to give more, connect more, and build more and better relationships, today reported results for its Fiscal 2026 fourth quarter and year ended June 28, 2026. "Fiscal 2026 was a year of meaningful progress as we strengthened the foundation of our business and positioned the Company for its next phase of transformation," said Adolfo Villagomez, Chief Executive Officer of 1-800-Flowers.com. "We strengthened our leadership team, began to modernize our digital and marketing capabilities, simplified how we operate, and became a more customer-first, data-driven organization. As we enter fiscal 2027, accelerating the recovery of our revenue trends is our highest priority. We will continue building these capabilities while increasingly putting them to work to improve customer acquisition, engagement, and retention and to drive better business performance over time." "As part of our continued efforts to enhance our financial flexibility and support the ongoing transformation of the business, we recently amended our credit agreement to provide additional financial flexibility," continued Mr. Villagomez. "We are also evaluating a range of options, including the sale of non-strategic assets and capital raising options, intended to optimize our capital structure and support investments in our transformation and drive future growth. While this work is underway, we remain focused on executing our fiscal 2027 priorities and improving the fundamental drivers of our business." Credit Agreement Amendment The Company announced that it has amended its credit agreement to extend its existing covenant relief and provide the Company with additional flexibility to use a portion of the proceeds from potential asset sales to invest in strategic initiatives and support the ongoing transformation of the business. Additional information regarding the amendment can be found in the Company’s Form 8-K filed with the SEC on September 10, 2026. Evaluation of Capital Raising Options The Company is also evaluating a range of options intended to optimize its capital structure and provide additional capital to support investments in its transformation and drive future growth. The potential options may include, but are not limited to, one or more public or private debt or equity financings, potential divestitures of non-strategic assets, or other capital structure transactions. The Company has retained Guggenheim Securities, LLC as its financial advisor in connection with this evaluation. There can be no assurance that the evaluation will result in any transaction or outcome or, if one or more transactions ensue, what the terms of any such transaction might be. The Company is in the early stages of the evaluation and will not comment further during the process. Fiscal 2026 Fourth Quarter Performance Total consolidated revenues decreased 12.9% to $293.1 million, compared with the prior year period, primarily reflecting a strategic shift to improve marketing effectiveness and profitability. Consumer Floral & Gifts revenues declined 13.4%, Gourmet Foods & Gift Baskets revenues, which were impacted by the timing of Easter, declined 15.4%, while BloomNet revenues increased 1.9%. Gross profit margin decreased 80 basis points to 34.7%, compared with 35.5% in the prior year period, primarily due to deleveraging on the sales decline, higher commodity costs and inventory reserves, partially offset by the Company’s cost reduction and operational efficiency initiatives, along with an approximately $7 million benefit related to tariff refunds. Operating expenses decreased $16.7 million year-to-year to $158.2 million. Excluding non-recurring charges and the impact of the Company’s non-qualified deferred compensation plan in both periods, operating expenses decreased $8.9 million as compared with the prior year to $150.8 million, primarily due to lower marketing and labor costs. Net loss for the quarter was $52.3 million, or $(0.82) per diluted share, as compared to a net loss of $(51.9) million, or $(0.82) per share, in the prior year period. Adjusted net loss1 was $(51.6) million, or $(0.80) per diluted share, compared with an Adjusted net loss1 of $(43.8) million, or $(0.69) per share, in the prior year period. Adjusted EBITDA1 loss for the quarter was $(31.0) million, compared with Adjusted EBITDA1 loss of $(24.2) million in the prior year period. Fiscal Year 2026 Performance Total consolidated revenues decreased 10.8% to $1.50 billion, compared with total consolidated revenues of $1.69 billion in the prior year period. Gross profit margin decreased 70 basis points to 38.0%, compared with 38.7% in the prior year period, primarily due to deleveraging on the sales decline, higher commodity costs and inventory reserves, partially offset by the Company’s cost reduction and operational efficiency initiatives. Excluding the impact of non-recurring charges in the year ago period, gross profit margin decreased 110 basis points as compared with the prior year period. Operating expenses decreased $158.6 million to $698.5 million, as compared with the prior year period. Excluding non-recurring charges and the impact of the Company’s non-qualified deferred compensation plan in both periods, operating expenses decreased by $62.0 million to $633.3 million, as compared with the prior year. Net loss for the fiscal year was $(134.8) million or $(2.11), per diluted share, which includes a $45.2 million non-cash goodwill and intangible impairment charge, compared with a net loss of $(200.0) million, or $(3.13) per diluted share, in the prior year period, which included a non-cash goodwill and intangible impairment charge of $143.8 million. Adjusted net loss1 was $(77.5) million, or $(1.21) per diluted share, compared with Adjusted net loss1 of $(52.5) million, or $(0.82) per diluted share, in the prior year period. Adjusted EBITDA1 for the fiscal year was $2.9 million, as compared with $29.2 million in the prior year period. Segment Results The Company provides Fiscal 2026 fourth quarter and full year selected financial results for its Gourmet Foods & Gift Baskets, Consumer Floral & Gifts, and BloomNet® segments in the tables attached to this release and as follows: Gourmet Foods & Gift Baskets: For the quarter, revenues decreased 15.4% to $85.8 million, as compared with the prior year period. Gross profit margin decreased 830 basis points from the prior year period to 17.7% due to deleveraging on the sales decline and increased tariff, commodity and shipping costs. The segment contribution margin1 loss was $23.4 million, compared with segment contribution margin loss of $19.0 million in the prior year period, excluding severance costs. For the full fiscal year, revenue decreased 5.2% to $768.5 million. Gross profit margin decreased 130 basis points to 35.5%. Excluding non-recurring costs in both years, segment contribution margin1 for the year was $52.7 million, compared with $58.8 million in the prior year. Consumer Floral & Gifts: For the quarter, revenues decreased 13.4% to $182.8 million, as compared with the prior year period. Gross profit margin increased 220 basis points from the prior year period to 40.7% on lower commodity and shipping costs. The segment contribution margin1 was $17.1 million, compared with $17.4 million in the prior year period, excluding severance and impairment costs. For the full fiscal year, revenues decreased 17.7% to $638.9 million, as compared with the prior year period. Gross profit margin increased 10 basis points from the prior year period to 39.4%. Excluding the non-recurring costs in both years, segment contribution margin was $48.6 million, compared with $50.5 million in the prior year. BloomNet: For the quarter, revenues increased 1.9% to $24.7 million, as compared with the prior year period. Gross profit margin increased 190 basis points from the prior year period to 48.8%. The segment contribution margin1 was $7.4 million, compared with $6.5 million in the prior year period, excluding severance costs. For the full fiscal year, revenues decreased 1.9% to $96.8 million, as compared with the prior year period. Gross profit margin decreased 10 basis points from the prior year period to 48.4%. Excluding the impact of the severance charges, segment contribution margin1 for the year was $27.2 million, compared with $29.3 million in the prior year. Fiscal Year 2027 Outlook During Fiscal 2027, the Company expects to continue reinvesting a significant portion of the cost savings achieved through its operational efficiency initiatives into strategic growth investments. These investments include further modernization of the Company's marketing capabilities, continued development of its marketing technology platform, enhancements to its digital customer experience and personalization capabilities, and other initiatives designed to strengthen customer acquisition, engagement, and retention. While the Company expects the benefits of these investments to build over multiple years, management believes Fiscal 2027 marks the next phase of its transformation. The Company will continue to build key capabilities while increasingly leveraging the investments made during Fiscal 2026 to improve operating performance and create sustainable long-term value. For Fiscal 2027, the Company expects net revenues to decline in the mid-single digit range compared with Fiscal 2026. The Company expects Fiscal 2027 adjusted EBITDA of $10 million to $15 million, which includes approximately $12 million of additional compensation expense versus Fiscal 2026. Conference Call The Company will conduct a conference call to discuss its financial results today, September 10, 2026, at 8:00 a.m. (ET). The conference call will be webcast from the Investors section of the Company’s website at www.1800flowersinc.com. A recording of the call will be posted on the Investors section of the Company’s website within two hours of the call’s completion. Definitions of Non-GAAP Financial Measures: We sometimes use financial measures derived from consolidated financial information, but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles ("GAAP"). Certain of these are considered "Non-GAAP financial measures" under the U.S. Securities and Exchange Commission rules. Non-GAAP financial measures referred to in this document are either labeled as "Non-GAAP," "adjusted" or designated as such with a "1". See below for definitions and the reasons why we use these non-GAAP financial measures. Where applicable, see the Selected Financial Information below for reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures. Reconciliations for forward-looking figures would require unreasonable efforts at this time because of the uncertainty and variability of the nature and amount of certain components of various necessary GAAP components, including, for example, those related to compensation, tax items, amortization or others that may arise during the year, and the Company’s management believes such reconciliations would imply a degree of precision that would be confusing or misleading to investors. For the same reasons, the Company is unable to address the probable significance of the unavailable information. The lack of such reconciling information should be considered when assessing the impact of such disclosures. EBITDA and Adjusted EBITDA: We define EBITDA as net income (loss) before interest, taxes, depreciation, and amortization. Adjusted EBITDA is defined as EBITDA adjusted for the impact of stock-based compensation, Non-Qualified Deferred Compensation Plan ("NQDC") investment appreciation/depreciation, goodwill and intangible impairment and for certain items affecting period-to-period comparability. See Selected Financial Information for details on how EBITDA and Adjusted EBITDA were calculated for each period presented. The Company presents EBITDA and Adjusted EBITDA because it considers such information meaningful supplemental measures of its performance and believes such information is frequently used by the investment community in the evaluation of similarly situated companies. The Company uses EBITDA and Adjusted EBITDA as factors to determine the total amount of incentive compensation available to be awarded to executive officers and other employees. The Company's credit agreement uses EBITDA and Adjusted EBITDA-related items to determine its interest rate and to measure compliance with certain covenants. EBITDA and Adjusted EBITDA are also used by the Company to evaluate and price potential acquisition candidates. EBITDA and Adjusted EBITDA have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of the Company's results as reported under GAAP. Some of the limitations are: (a) EBITDA and Adjusted EBITDA do not reflect changes in, or cash requirements for, the Company's working capital needs; (b) EBITDA and Adjusted EBITDA do not reflect the interest expense, or the cash requirements necessary to service interest or principal payments, on the Company's debts; and (c) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future and EBITDA does not reflect any cash requirements for such capital expenditures. EBITDA and Adjusted EBITDA should only be used on a supplemental basis combined with GAAP results when evaluating the Company's performance. Segment Contribution Margin and Adjusted Segment Contribution Margin: We define Segment Contribution Margin as earnings before interest, taxes, depreciation, and amortization, before the allocation of corporate overhead expenses. Adjusted Segment Contribution Margin is defined as Segment Contribution Margin adjusted for certain items affecting period-to-period comparability. See Selected Financial Information for details on how Segment Contribution Margin and Adjusted Segment Contribution Margin were calculated for each period presented. When viewed together with our GAAP results, we believe Segment Contribution Margin and Adjusted Segment Contribution Margin provide management and users of the financial statements meaningful information about the performance of our business segments. Segment Contribution Margin and Adjusted Segment Contribution Margin are used in addition to and in conjunction with results presented in accordance with GAAP and should not be relied upon to the exclusion of GAAP financial measures. The material limitation associated with the use of Segment Contribution Margin and Adjusted Segment Contribution Margin is that they are an incomplete measure of profitability as they do not include all operating expenses or non-operating income and expenses. Management compensates for this limitation when using these measures by looking at other GAAP measures, such as Operating Income (Loss) and Net Income (Loss). Adjusted Net Income (Loss) and Adjusted or Comparable Net Income (Loss) Per Common Share: We define Adjusted Net Income (Loss) and Adjusted or Comparable Net Income (Loss) Per Common Share as Net Income (Loss) and Net Income (Loss) Per Common Share adjusted for certain items affecting period-to-period comparability. See Selected Financial Information below for details on how Adjusted Net Income (Loss) Per Common Share and Adjusted or Comparable Net Income (Loss) Per Common Share were calculated for each period presented. We believe that Adjusted Net Income (Loss) and Adjusted or Comparable Net Income (Loss) Per Common Share are meaningful measures because they increase the comparability of period-to-period results. Since these are not measures of performance calculated in accordance with GAAP, they should not be considered in isolation of, or as a substitute for, GAAP Net Income (Loss) and Net Income (Loss) Per Common Share, as indicators of operating performance and they may not be comparable to similarly titled measures employed by other companies. Free Cash Flow: We define Free Cash Flow as net cash provided by (used in) operating activities less capital expenditures. The Company considers Free Cash Flow to be a liquidity measure that provides useful information to management and investors about the amount of cash generated by the business after the purchases of fixed assets, which can then be used to, among other things, invest in the Company’s business, make strategic acquisitions, strengthen the balance sheet, and repurchase stock or retire debt. Free Cash Flow is a liquidity measure that is frequently used by the investment community in the evaluation of similarly situated companies. Since Free Cash Flow is not a measure of performance calculated in accordance with GAAP, it should not be considered in isolation or as a substitute for analysis of the Company's results as reported under GAAP. A limitation of the utility of Free Cash Flow as a measure of financial performance is that it does not represent the total increase or decrease in the Company's cash balance for the period. About 1-800-FLOWERS.COM, Inc. 1-800-FLOWERS.COM, Inc. is a leading provider of thoughtful expressions designed to help inspire customers to give more, connect more, and build more and better relationships. The Company’s e-commerce business platform features an all-star family of brands, including: 1-800-Flowers.com®, 1-800-Baskets.com®, Card Isle®, Cheryl’s Cookies®, Harry & David®, PersonalizationMall.com®, Shari’s Berries®, FruitBouquets.com®, Things Remembered®, Moose Munch®, The Popcorn Factory®, Wolferman’s Bakery®, Vital Choice®, Simply Chocolate® and Scharffen Berger®. Through the Celebrations Passport® loyalty program, which provides members with free standard shipping and no service charge on eligible products across our portfolio of brands, 1-800-FLOWERS.COM, Inc. strives to deepen relationships with customers. The Company also operates BloomNet®, an international floral and gift industry service provider offering a broad-range of products and services designed to help its members grow their businesses profitably; Napco℠, a resource for floral gifts and seasonal décor; and DesignPac®, a manufacturer of gift baskets and towers. 1-800-FLOWERS.COM, Inc. was recognized among America’s Most Trustworthy Companies by Newsweek for 2024. 1-800-FLOWERS.COM, Inc. was also recognized as one of America’s Most Admired Workplaces for 2025 by Newsweek and was named to the Fortune 1000 list in 2022. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS. For more information, visit 1800flowersinc.com. FLWS-COMP FLWS-FN Special Note Regarding Forward Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company’s current expectations or forecasts concerning future events; they do not relate strictly to historical or current facts. Such statements can generally be identified by words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "foresee," "forecast," "likely," "should," "will," "target," or similar words or phrases. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, but not limited to, statements relating to future actions; the Company’s ability to leverage its operating platform and reduce its operating expense ratio; its ability to successfully integrate acquired businesses and assets; its ability to successfully execute its strategic priorities; its ability to cost effectively acquire and retain customers and drive purchase frequency; the outcome of contingencies, including legal proceedings in the normal course of business; its ability to compete against existing and new competitors; its ability to manage expenses associated with sales and marketing and necessary general and administrative and technology investments; its ability to reduce promotional activities and achieve more efficient marketing programs; and general consumer sentiment and industry and economic conditions that may affect levels of discretionary customer purchases of the Company’s products. The Company cannot guarantee that any forward-looking statement will be realized. Achievement of future results is subject to risk, uncertainties and potentially inaccurate assumptions. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could differ materially from past results and those anticipated, estimated or projected. You should bear this in mind as you consider forward-looking statements. The Company undertakes no obligation to publicly update any of the forward-looking statements, whether because of new information, future events or otherwise, made in this release or in any of its SEC filings. Consequently, you should not consider any such list to be a complete set of all potential risks and uncertainties. For a more detailed description of these and other risk factors, refer to the Company’s SEC filings, including the Company’s Annual Reports on Form 10-K and its Quarterly Reports on Form 10-Q. View source version on businesswire.com: https://www.businesswire.com/news/home/20260910833518/en/ Contacts Investor Contact:Andy [email protected] Media Contact:[email protected]
Investor releaseQuarter not tagged2026-09-101-800 FLOWERS.COM Q4 Earnings Call Highlights
MarketBeat
1-800 FLOWERS.COM Q4 Earnings Call Highlights
Interested in 1-800 FLOWERS.COM, Inc.? Here are five stocks we like better. Revenue and profitability declined sharply: Fiscal 2026 revenue fell 10.8% to $1.5 billion, while adjusted EBITDA dropped to $2.9 million from $29.2 million. Fourth-quarter revenue decreased 12.9% year over year, and the adjusted EBITDA loss widened to $31 million. The company is pursuing greater financial flexibility: 1-800-FLOWERS.COM amended its credit agreement, is evaluating non-strategic asset sales and potential debt or equity financing, and retained Guggenheim Securities to advise on capital-structure options. Fiscal 2027 priorities include recovery and cost savings: Management expects revenue to decline in the mid-single digits and adjusted EBITDA to reach $10 million-$15 million, supported by an additional $15 million-$20 million of identified savings and reinvestment in marketing, technology and customer experience. 3 Summer Stocks With Insider Buying and Analyst Support 1-800 FLOWERS.COM (NASDAQ:FLWS) reported lower fourth-quarter and full-year fiscal 2026 revenue and adjusted EBITDA, while outlining plans to raise capital, potentially divest non-strategic assets and reinvest savings into marketing, technology and customer-experience initiatives. Chief Executive Officer Adolfo Villagomez said fiscal 2026 focused on strengthening the company’s operating foundation through leadership changes, organizational simplification, digital modernization and clearer accountability across the customer journey. The company is entering fiscal 2027 with revenue recovery as its top operational priority, he said. → Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement 3 stocks set to benefit from record Valentine's Day spending “We now have a stronger leadership team, better capabilities, deeper customer insights, and a more agile organization,” Villagomez said. “As we enter fiscal 2027, we will continue building those capabilities, but our focus is increasingly on putting them to work and demonstrating what we can deliver.” The company said it amended its credit agreement with banking partners, extending its covenant-relief period and providing more flexibility in using proceeds from possible asset sales. Under the amended agreement, 1-800-FLOWERS.COM may retain a portion of potential asset-sale proceeds for strategic investments. → Tesla’s Robotaxi Launch Wasn…Read full documentShow less
Interested in 1-800 FLOWERS.COM, Inc.? Here are five stocks we like better. Revenue and profitability declined sharply: Fiscal 2026 revenue fell 10.8% to $1.5 billion, while adjusted EBITDA dropped to $2.9 million from $29.2 million. Fourth-quarter revenue decreased 12.9% year over year, and the adjusted EBITDA loss widened to $31 million. The company is pursuing greater financial flexibility: 1-800-FLOWERS.COM amended its credit agreement, is evaluating non-strategic asset sales and potential debt or equity financing, and retained Guggenheim Securities to advise on capital-structure options. Fiscal 2027 priorities include recovery and cost savings: Management expects revenue to decline in the mid-single digits and adjusted EBITDA to reach $10 million-$15 million, supported by an additional $15 million-$20 million of identified savings and reinvestment in marketing, technology and customer experience. 3 Summer Stocks With Insider Buying and Analyst Support 1-800 FLOWERS.COM (NASDAQ:FLWS) reported lower fourth-quarter and full-year fiscal 2026 revenue and adjusted EBITDA, while outlining plans to raise capital, potentially divest non-strategic assets and reinvest savings into marketing, technology and customer-experience initiatives. Chief Executive Officer Adolfo Villagomez said fiscal 2026 focused on strengthening the company’s operating foundation through leadership changes, organizational simplification, digital modernization and clearer accountability across the customer journey. The company is entering fiscal 2027 with revenue recovery as its top operational priority, he said. → Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement 3 stocks set to benefit from record Valentine's Day spending “We now have a stronger leadership team, better capabilities, deeper customer insights, and a more agile organization,” Villagomez said. “As we enter fiscal 2027, we will continue building those capabilities, but our focus is increasingly on putting them to work and demonstrating what we can deliver.” The company said it amended its credit agreement with banking partners, extending its covenant-relief period and providing more flexibility in using proceeds from possible asset sales. Under the amended agreement, 1-800-FLOWERS.COM may retain a portion of potential asset-sale proceeds for strategic investments. → Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected 3 Stocks Both Analysts and Short Sellers Like Chief Financial Officer James Langrock said the company is also evaluating non-strategic asset sales, public or private debt and equity financings, and other capital-structure transactions. Guggenheim Securities has been retained as financial adviser for the review. Langrock said the actions are intended to improve financial flexibility and support investments in initiatives designed to improve customer acquisition, retention, engagement and longer-term growth. He cautioned that the company is in the early stages of the process and that there is no assurance it will result in a transaction. → Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock During the question-and-answer session, Langrock said the company is reviewing both brands and hard assets for possible divestitures, focusing on assets that may not be necessary for its long-term strategy or could be operated through third-party partnerships. Fourth-quarter consolidated revenue declined 12.9% year over year to $293.1 million. Revenue in the Consumer Floral and Gifts segment fell 13.4%, while Gourmet Foods and Gift Baskets revenue declined 15.4%. BloomNet revenue increased 1.9%. Langrock said the timing of Easter affected Gourmet Foods and Gift Baskets results, contributing approximately 2.5 to 3.5 percentage points to that segment’s revenue decline and about 1.5 percentage points to consolidated quarterly revenue. The Easter timing shift did not affect full-year results, he said. For fiscal 2026, consolidated revenue declined 10.8% to $1.5 billion. Transactions fell 17.6%, partially offset by a 5.5% increase in average order value and growth in the company’s wholesale business. Fourth-quarter adjusted gross margin was 34.7%, compared with 35.5% a year earlier. Full-year adjusted gross margin was 38.0%, compared with 39.1% in fiscal 2025. Fourth-quarter adjusted EBITDA loss was $31 million, compared with a $24.2 million loss in the prior-year period. Full-year adjusted EBITDA was $2.9 million, down from $29.2 million a year earlier. Gross margin reflected sales deleveraging, higher commodity costs and inventory reserves, partly offset by cost reductions, operating efficiencies and an approximately $7 million benefit from tariff refunds, Langrock said. He said the company does not expect additional tariff refunds at this time. Among commodities, Langrock said cocoa remained a year-over-year headwind despite moderating from peak market prices. Costs for butter, flour and liquid eggs had provided some benefit, although flour costs had begun to rise. The company is also monitoring outbound shipping costs and fuel surcharges. The company completed its original $50 million run-rate cost-savings target ahead of schedule and identified an additional $15 million to $20 million of opportunities across cost of goods sold and operating expenses. It expects to execute those additional savings initiatives during fiscal 2027, with the full benefit expected in fiscal 2028. At the end of fiscal 2026, net debt was $128 million, compared with $114 million a year earlier. Cash totaled $11 million, and inventory was $153 million, down from $177 million. The company had $139 million in term debt and no borrowings under its revolving credit facility. Langrock said working-capital management contributed to a $55 million year-over-year improvement in free cash flow. For fiscal 2027, 1-800-FLOWERS.COM expects revenue to decline in the mid-single-digit range and adjusted EBITDA of $10 million to $15 million. The EBITDA outlook includes approximately $12 million of additional variable compensation expense compared with fiscal 2026. Langrock said the outlook assumes the company will receive the full benefit of its $50 million in run-rate savings, though some of those savings will be reinvested in marketing, marketing technology and digital customer-experience improvements. The forecast does not include any potential benefit from investments funded by future capital-raising activity or divestitures. The company expects the rate of revenue decline to moderate during fiscal 2027 as its initiatives gain traction, though it did not provide quarterly guidance. Villagomez said the company has shifted to a function-based operating model that separates responsibility for marketing, merchandising and digital experience. Marketing is focused on customer acquisition, retention and engagement; merchandising oversees assortment, pricing, delivery fees and promotions; and the digital team is responsible for improving websites and conversion. The company recently launched a redesigned Harry & David website in A/B testing, featuring a mobile-first design, improved navigation, dynamic product ranking and AI-powered search. It also moved some lower-traffic standalone websites into categories on harryanddavid.com to simplify its digital ecosystem. Villagomez said the company is working to better align florist-fulfilled and direct-shipped floral offerings. More than 60% of Consumer Floral and Gifts fulfillment is currently florist fulfilled, according to Langrock. Rather than targeting a specific mix, Villagomez said the company intends to offer customers the fulfillment option best suited to their location and needs. The company ended fiscal 2026 with 7.5 million customers and more than 800,000 Passport members. Existing customers generated 77% of revenue. Multi-category customers represented 12% of customers and 26% of revenue, while Passport members represented 9% of customers and 19% of revenue. Villagomez said the company plans to expand Passport beyond free shipping, using a redesigned loyalty approach to segment customers, improve retention and reduce customer reacquisition costs. He also said third-party marketplace relationships with Amazon, DoorDash, Instacart and others were growing from a small base at double- and, in some cases, triple-digit rates and were marketing-contribution-margin positive. The company has seen little cannibalization of its own digital channels, he said. 1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "1-800 FLOWERS.COM Q4 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for September 2026.
Investor releaseQuarter not tagged2026-09-101-800-Flowers.com posts wider fourth-quarter loss, issues weak profit forecast for fiscal 2027
Proactive
1-800-Flowers.com posts wider fourth-quarter loss, issues weak profit forecast for fiscal 2027
1-800-Flowers.com (NASDAQ:FLWS) reported a bigger-than-expected loss for its fiscal fourth quarter and issued a downbeat profit forecast for fiscal 2027, sending shares down 9.3%. Revenue for the quarter came in at $293.1 million, missing estimates of $294 million and marking a 12.9% decline from a year earlier. The company posted an adjusted loss of $0.80 per share, wider than the $0.69 loss analysts had expected. Adjusted EBITDA came in at a loss of $31 million, compared with expectations for a loss of $30.3 million. Gross margin was 34.7%, down 80 basis points year-over-year. For fiscal 2027, the company guided for adjusted EBITDA of $10 million to $15 million, well below the $27.7 million analysts had forecast. It also guided for net revenue to decline in the mid-single-digit range. By segment, Consumer Floral & Gifts net revenue fell 13.4% to $182.8 million, while Gourmet Foods & Gift Baskets dropped 15.4% to $85.8 million. BloomNet was the lone bright spot, with net revenue up 1.9% to $24.7 million. The company said it is evaluating options including the sale of non-strategic assets and capital raising measures intended to optimize its capital structure and support investments in its transformation.
TranscriptFY2026 Q42026-09-10FY2026 Q4 earnings call transcript
Earnings source - 82 paragraphs
FY2026 Q4 earnings call transcript
Good day, and Welcome to the 1-800-FLOWERS.COM, Inc Fourth Quarter Fiscal Year 2026 Earnings Conference Call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on a touch-tone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Andy Milevoj, Head of Investor Relations. Please go ahead.
Good morning, and Welcome to our Fiscal 2026 Fourth Quarter and Year-End Earnings Call. Joining us on today's call are Adolfo Villagomez, Chief Executive Officer, and James Langrock, Chief Financial Officer. Before we begin, I would like to remind you that some of the statements we make on today's call are covered by the safe harbor disclaimer contained in our press release and public documents. During this call, we will make forward-looking statements with predictions, projections, and other statements about future events.
These statements are based on current expectations and assumptions that are subject to risks and uncertainties, including those contained in our press release and public filings with the Securities and Exchange Commission. The company disclaims any obligation to update any of the forward-looking statements that may be made or discussed during this call. Additionally, we will discuss certain supplemental financial measures that were not prepared in accordance with GAAP. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures can be found in the tables of our earnings release. I will turn the call over to Adolfo.
Thanks, Andy, and good morning, everyone. This morning, I would like to discuss some of the announcements we made earlier today, reflect on the progress we made during fiscal 2026, and share how we are entering the next phase of our transformation in fiscal 2027. As we announced this morning, we reached an agreement with our banking partners to amend our credit facility, providing us with additional financial flexibility. The amended credit agreement provides us with greater flexibility to retain a portion of potential asset sale proceeds and reinvest them in the business. It also better positions the company to pursue a successful capital-raising process. Any additional capital would enable us to fund the investments required to improve customer acquisition, engagement, retention, and ultimately return the company to sustainable growth. This agreement gives us the flexibility to continue executing while we evaluate those capital-raising alternatives.
James will discuss this in more detail. When we began this journey a little more than a year ago, our priorities were clear. We needed to strengthen the foundation of the business, improve the customer experience, simplify how we operate, and build the capabilities necessary to return the company to sustainable, profitable growth. As I reflect on fiscal 2026, I am proud of what our team has accomplished. Together, we made meaningful changes across the organization that have strengthened our capabilities and positioned us to become a more customer-first, data-driven company. While there is still important work ahead, I believe we are exiting fiscal 2026 as a stronger company than when we entered the year. Throughout fiscal 2026, we strengthened our leadership team, simplified our organization, began to modernize our digital and marketing capabilities, improved operational efficiency, and increasingly put the customer at the center of everything we do.
One of the most significant changes we have made is how we operate internally. As part of our transition to a function-based organization, we have created clearer ownership and accountability across the customer journey. Historically, our marketing organization was responsible for a broad range of activities, including customer acquisition and retention, promotional discounts and cadence that vary by marketing channel, and other elements of the customer experience. Today, those responsibilities are more clearly defined across our marketing, merchandising, and digital experience teams, with each team accountable for a specific part of the customer journey. Marketing is focused on attracting new customers and retaining and engaging our existing customers. Our merchandising team is responsible for the value proposition we put in front of those customers, including assortment, pricing, delivery fees, product availability, promotional activity, trade-up opportunities, and new product development.
Our digital experience team is responsible for the experience customers have once they arrive on our websites, with a particular focus on improving the shopping experience and increasing conversion. We recently promoted one of our leaders into a new role that serves as the store manager for each of our digital platforms. This newly created team is responsible for looking at our websites through the eyes of the customer and identifying ways to make the shopping experience easier, more relevant, and more effective while improving conversion, leading to sales growth. This is an important change in how we run the company. Rather than relying primarily on one team per brand to influence multiple parts of the customer journey, we now have specialized teams with clear responsibilities and accountability across our digital properties. We are also seeing how our teams can work together to better serve the customer.
A good example is our floral assortment. Historically, even within the floral brand, we have separate merchandising teams for our florist fulfilled and direct ship businesses, and they largely operated independently, leading to confusing and sometimes competing value propositions within the same landing page. Today, they are working as one team to align our assortment and make more of our most popular products available through both fulfillment methods, with clearly differentiated value propositions for our customers. This gives customers more choice, clarifies our value proposition, expands our coverage in markets where florist availability may be limited, and creates a more consistent experience regardless of how the product is fulfilled. It is a good example of how breaking down silos and working together around the customer can improve the overall customer experience. This is what is happening underneath our transformation.
We are creating clear accountability across each step of the customer journey while bringing those teams together around a common objective, serving the customer better while improving business performance. Let me share a few other examples of the progress we are making. First, we launched our redesigned Harry & David website, which is currently in A/B testing. The new site features a mobile-first design, improved navigation, dynamic product ranking, and AI power search, all designed to make it easier for customers to discover products while improving conversion. We also simplified our digital ecosystem by transitioning some of our low traffic standalone websites into categories within harryanddavid.com. This allows us to leverage our larger flagship platforms, introduce customers to a broader assortment, and operate more efficiently. Second, we are modernizing our marketing capabilities.
With clearer responsibility for customer acquisition and retention, our marketing team is increasingly focused on reaching the right customers, strengthening engagement, and improving the productivity of our marketing investments. We are supporting that effort with investments in our marketing technology platform and a broader full funnel approach. Finally, we continue simplifying the business and improving efficiency. We achieved our original two-year cost savings target within the first year, giving us greater flexibility to reinvest a meaningful portion of those savings into marketing, technology, digital capabilities, and the customer experience. As I reflect on fiscal 2026, I see it as a year in which we fundamentally changed how we run the company. We strengthened our leadership team, simplified the business, began modernizing our customer experience and marketing capabilities, and established clear accountability across the customer journey.
Looking ahead, we remain focused on putting these capabilities to work to improve business performance and position the company for sustainable, profitable growth. As we move into fiscal 2027, our operational focus shifts to four priorities that we believe will translate our strategy into stronger business performance over time. First, we must accelerate the recovery of our revenue trends. We recognize that our revenue trends remain challenged, and improving those trends is our highest priority. As consumers remain selective in their discretionary spending, it is increasingly important that we give them more reasons to engage with our brands. Whether we are expanding everyday occasions at Harry & David, broadening our assortment, strengthening our loyalty strategy, or delivering more personalized customer experiences, our focus is on building a more durable revenue base over time.
As these initiatives continue to mature, we believe they will help increase purchase frequency, strengthen customer relationships, and support improving revenue trends over time. Second, we will continue to modernize the customer experience. Our objective is simple, make it easier for customers to discover products, find the right gift, and shop seamlessly across our portfolio Accountability within our digital experience team, we will continue optimizing the customer journey to improve conversion and make the experience more intuitive from the moment a customer arrives on one of our sites through checkout. We will also look for opportunities to encourage customers to shop across more categories, to increase average order value, and create a more engaging shopping experience. Third, we will increase marketing productivity and make targeted investments to build our brands. Over the past year, we began building a modern marketing organization.
With marketing increasingly focused on customer acquisition and retention, we expect to make smarter investment decisions, improve personalization, broaden our full funnel marketing investments, and more efficiently connect customers with the breadth of our portfolio. Finally, our team will execute with discipline. We will continue to simplify the business, improve operational efficiency, and allocate capital toward the opportunities we believe offer the greatest long-term returns. We will also leverage the systems and processes we are modernizing to improve productivity and create a simpler, more efficient operating model. We will remain disciplined in how we invest, while continuing to strengthen the capabilities that support sustainable, profitable growth. Across all four priorities, our objective is to translate the investments we have made into better business outcomes.
We will not measure success by any single quarter, but by sustained progress across these areas and our ability to translate that progress into improving revenue trends and profitable growth over time. When I joined the company a little more than a year ago, we knew we needed to strengthen the foundation of the business. We now have a stronger leadership team, better capabilities, deeper customer insights, and a more agile organization. As we enter fiscal 2027, we will continue building those capabilities, but our focus is increasingly on putting them to work and demonstrating what we can deliver. With that, let me turn the call over to James.
Thanks, Adolfo, and good morning, everyone. This morning, I will provide some additional perspective on the actions we have taken to enhance our financial flexibility and our evaluation of capital-raising options to optimize our capital structure. Then I'll review our fiscal year 2026 fourth quarter and full year financial results, discuss our balance sheet and liquidity position, and conclude with our fiscal 2027 outlook. As Adolfo mentioned, we amended our credit agreement to extend our existing covenant relief period and provide greater flexibility in the use of proceeds from potential asset sales, including the ability to retain a portion of those proceeds to invest in strategic initiatives to support our transformation. We appreciate the continued support of our banking partners as we execute our transformation and position the business for future growth.
We are also evaluating the potential sale of non-strategic assets, along with a range of other capital-raising options intended to optimize our capital structure and provide additional capital to support investments in our transformation and drive future growth. These potential options may include one or more public or private debt or equity financing, potential divestitures of non-strategic assets, or other capital structure transactions. We have retained Guggenheim Securities, LLC as our financial advisor in connection with this evaluation. There can be no assurance that the evaluation will result in any transaction or outcome, or if one or more of the transactions ensue, what the terms of any such transaction might be. The company is in the early stages of the evaluation and will not comment further during the process.
Taken together, these actions are intended to strengthen our financial position and provide greater flexibility to invest in the strategic initiatives we believe can improve the performance of the business and drive sustainable, profitable growth over time. Fiscal 2026 was about strengthening the foundation of our business and positioning the company for improved financial performance. Throughout the year, we prioritized revenue contribution margin over simply pursuing top-line growth. We streamlined the organization, achieved our cost savings objectives ahead of schedule, and deliberately reinvested a portion of those savings into initiatives designed to strengthen the business over the long term. As we review our financial results, it's important to keep that context in mind. Fiscal 2026 was a year of transition, and our results reflect both the progress we have made and the investments we are making to improve business performance over time.
As we move into fiscal 2027, our financial priorities are focused on maintaining appropriate liquidity, managing the balance sheet with discipline, and deploying capital toward the initiatives we believe offer the greatest opportunity to improve the performance of the business and create long-term shareholder value. With that perspective, let's review our financial results. Consolidated fourth quarter revenue declined 12.9% to $293.1 million. This included a 13.4% decline in our Consumer Floral and Gifts segment, a 15.4% decline in our Gourmet Foods and Gift Baskets segment, which was affected by the timing of Easter, and a 1.9% increase in our BloomNet segment. For the full fiscal year, consolidated revenue declined 10.8% to $1.5 billion. Transactions declined 17.6%, partially offset by a 5.5% increase in AOV and growth in our wholesale business.
At the end of fiscal 2026, we had 7.5 million customers, over 800,000 Passport members, and 77% of our revenue came from existing customers. Multi-category customers and Passport loyalty members continue to represent our best-performing customers, and we recognize the strong affinity of these customers. During fiscal 2026, multi-category customers represented 12% of our customers and 26% of our revenues, while Passport loyalty members represented 9% of our customer base and 19% of our revenues. Today, Passport is primarily centered around providing members with free shipping. Going forward, we see an opportunity to broaden the role of our loyalty program to deepen customer engagement, increase purchase frequency, and reduce the cost of reacquiring existing customers. This is consistent with our broader marketing strategy to build stronger relationships with our customers and reduce reacquisition costs. As Adolfo discussed, accelerating the recovery of revenue trends is our highest priority.
We are evolving toward a more full-funnel marketing approach to reach new audiences while modernizing the customer experience to improve conversion and purchase frequency. Combined with greater personalized marketing and more year-round purchasing occasions, these initiatives are designed to strengthen customer acquisition and retention and support a more durable revenue base over time. Turning to gross margin. Fourth quarter adjusted gross margin was 34.7%, compared with 35.5% in the prior year period. Gross margin continued to reflect the impact of sales deleveraging, higher commodity costs, and inventory reserves, offset in part by our cost reduction and operational efficiency initiatives, along with an approximately $7 million benefit related to tariff refunds. For the full fiscal year, adjusted gross margin was 38%, compared with 39.1% last year. Turning to operating expenses.
Excluding non-recurring charges and the impact of the company's non-qualified deferred compensation plan in both periods, fourth quarter operating expenses -$8.9 million as compared with the prior year to $150.8 million. As we discussed throughout the year, our cost savings came from two primary areas: improving the efficiency of our marketing investments and operating more effectively. We completed our original $50 million run rate savings target ahead of plan and have identified an additional $15 million-$20 million of opportunities across both cost of goods sold and operating expenses. We expect to execute against these additional opportunities during fiscal 2027, with the full benefit expected in fiscal 2028. As a result of these factors, our fourth quarter adjusted EBITDA loss was $31 million, compared with a loss of $24.2 million in the prior year period.
For the full fiscal year, adjusted EBITDA was $2.9 million, compared with $29.2 million in the prior year. Turning to our balance sheet. At fiscal year-end, net debt was $128 million, compared with $114 million a year ago. Cash totaled $11 million, while inventory ended the year at $153 million, compared with $177 million last year. In terms of our debt, we had $139 million in term debt and no borrowings under our revolving credit facility, as compared with $160 million in term debt a year ago. Our continued focus on disciplined working capital management also contributed to a $55 million improvement in free cash flow compared with the prior year. As we discussed on today's call, fiscal 2027 represents the next phase of our transformation. We will continue to build new capabilities while leveraging the investments we have already made.
We plan to reinvest a significant portion of our cost savings back into the business in areas where we believe can drive long-term value. These include marketing, marketing technology, improving the digital customer experience, and increased personalized marketing. We will be very disciplined in how we allocate this capital using a test and learn approach to measure the results and prioritize the investments that demonstrate the greatest potential return. Expect these investments to improve marketing productivity and the customer experience while supporting customer acquisition and retention. Benefits will take time to build, but we believe they will lead to better business performance and create long-term value. As a result, for fiscal 2027, we expect revenue to decline in the mid-single-digit range.
Our revenue outlook does not assume any incremental benefit from investments that may be funded through the capital raising activities or potential divestitures discussed today. We expect adjusted EBITDA to be in the range of $10 million-$15 million, which includes approximately $12 million of additional variable compensation expense compared with fiscal 2026. With that, we will open the call for Q and A. Operator, please provide instructions for those interested in asking a question.
We will now begin the question and answer session. To ask a question, you may press star then one on your touch tone phone. If you are using a speakerphone, please pick up your handset before pressing the keys. If at any time your question has been addressed and you would like to withdraw your question, please press star then two. At this time, we will pause momentarily to assemble our roster. The first question today comes from Michael Kupinski with Noble Capital Markets. Please go ahead.
Thank you. Good morning. A couple of questions. Let's start with the guide. You are guiding $10 million-$15 million in adjusted EBITDA for 2027. I was wondering if you can just kind of give us a bridge to that number, particularly I think there are consulting fees that roll off, but I just wondered if those might be continuing into fiscal 2027, and then if maybe you can walk us through cost savings, gross margin improvement, marketing efficiencies, relative to the guide that you're providing.
Good morning, Michael. How you doing? This is James. The way I'd bridge it is if you start at the $2.9 million of reported adjusted EBITDA as your starting point. We expect to benefit from approximately $50 million of our run rate cost savings in fiscal 2027. The consulting cost, we're done with the consulting cost, so we're getting the full benefit of the $50 million in 2027. However, those savings being partially offset by the expected mid-single digit revenue decline. So that flows through it from a gross margin perspective. We're going to continue to make investments in marketing, MarTech stack, and digital customer experience. So some of those savings we're going to use to reinvest back into the business.
Then we have approximately $12 million of incremental variable compensation compared to last year. That's how you get from the $2.9 million to the $10.5 million. The cost savings are providing us with the capacity to continue to invest in the initiatives that we believe will improve the business performance and support our growth. So that's where we're coming up. The $2.9 million with those puts and takes gets you to the $10 million-$15 million of EBITDA, Michael.
Okay, great. Then of course, Gourmet Foods obviously had an Easter shift there. I was just wondering if you can give us some thoughts about what the Easter shift in terms of revenues might have been, then maybe discuss a little bit about the gross margin decline, how temporary that was and how much of that was affected by Easter, but then also how much of that might have been affected by tariffs, commodities, shipping, and that sort of thing.
The reported for the Gourmet Foods and Gift Baskets, we reported 15.4% decline. The Easter shift had about a 2.5-3.5 percentage point impact on that, and about a 1.5% impact on the overall revenue for the quarter. But obviously, Michael, there's no impact on a full year basis. Obviously, it's just a shift between quarters.
Yeah.
I think-
Then Okay, go ahead. I'm sorry.
Sorry, you had another. On the commodities?
No, yeah. On the commodities, yeah.
On the commodities, we're seeing the trends generally consistent what we discussed last quarter, Michael. Cocoa remains year-over-year a headwind for us. Although the market pricing has moderated from the peak levels. We did see some benefit in butter, flour, and our liquid eggs. Of course, they're down slightly year-over-year. But we are starting to see the cost of flour starting to tick up a little bit as well. The big one that we're keeping an eye on is on our outbound shipping, the impact of the fuel surcharge. Right now that impact hasn't been that material to date because as you know, our Q1 is our lowest volume quarter. We're monitoring that situation closely with the gas prices and the diesel prices where they are. That one is really kind of a headwind that we're dealing with right now, Michael.
Okay. Got you. I just want to chat just a little bit about the credit facility in terms of how should investors primarily view this amendment, obviously providing additional operating flexibility for you, but during this transformation. We're just wondering, is that the reason, or is there also the prospect here that there's a change in your expectations for liquidity or operating performance of the company?
No, I think Michael, the way we announced today, I think you need to look at the announcement made today together. Around the bank amendment, the potential asset sales, and the capital raise evaluation, they are all kind of interconnected of our broader effort to strengthen the company's financial position as well as support the execution of our transformation, right? We believe we have the right strategy. FY 2026 was the year we set the foundation.
The bank amendment, the potential sale of assets, and the capital raising evaluation really are intended to strengthen our financial position and provide flexibility to invest in strategic initiatives that will improve the business performance. What the bank amendment does for us, Michael, is it provides additional covenant flexibility and greater flexibility. We can deploy a portion of any potential asset sales that helps us invest back into the business on the growth initiatives. When you look at the non-strategic asset sales, we are looking at it as a way to help simplify the business. At the same time, we are monetizing assets that are not essential to the long-term strategy, but it will generate additional liquidity.
Then combining that with the capital raise evaluation, that will help us determine whether this incremental capital could further enhance our ability to execute the transformation and support future growth. As we mentioned on the call, we retained Guggenheim Securities as our advisor to help us evaluate the range of capital raising, and the capital structural alternatives that may be available to the company. It is more of a, we are looking from a liquidity standpoint, a capital structure to help us fund the growth initiatives that we have out there.
Got you. If I could just squeeze one more in. Obviously, you now have some third-party distribution. I was wondering if you have early results on your relationships with Amazon, DoorDash, Instacart, and so forth, and was wondering if you can just give us an update there, and how those relationships are working for you.
Sure, Michael. Good morning. This is Adolfo. Those are going really well, growing double, sometimes triple digits from a very small base. They are marketing contribution margin positive. So we are very excited about where that is going. I think our marketplace team is doing a great job of managing these external marketplaces. Customers shopping in those sites are actually liking our products. They are liking our value proposition. So that is expected to continue to grow. Again, it is from a small base, but I think everything is very positive in that area.
And there is no evidence of cannibalization from your own digital channels?
Absolutely. We try to measure, that is the key question. We have found very little cannibalization. This is the way to think about it, Michael. Even if it is the same individual, the mindset of the transaction is very different. Places like Amazon, Walmart, et cetera, are designed to buy for you. As you know, our main customer objective, it's a gift to somebody else. Our websites are positioned for that. We believe we have a premier gifting platform, and that occasion actually makes the cannibalization minimal to non-existent.
Got you. Thank you so much.
Sure.
The next question comes from Anthony Lebiedzinski with Sidoti & Company. Please go ahead.
Good morning. Thank you for taking the questions. I was just curious, as far as your Mother's Day performance, how did the holiday perform versus your expectations? Just going back to your last conference call when you talked about some of the learnings from Valentine's Day, whether those were successful, and then as you get into the holiday season, how are you looking to perhaps shift your marketing messaging and other initiatives?
Sure. I'm probably going to give you a longer answer than you were hoping for, Anthony. This is a journey. Again, the key message I want you to hear from me, it's a trajectory that we're trying to improve on how we go back to growing revenues. If you go back to Valentine's Day, that was a major shift in the strategy. It used to be that we would favor our direct shipping business. That would lead to significant discounts when we had excess inventory. For the first time ever in Valentine's Day, we changed that to try to see, again, what the customer wanted, not what we wanted to sell. We learned a lot. We applied some of those learnings in Mother's Day. It feels like enough timing between one event versus the other.
But if you account for the purchase order timing, the communications to florists, et cetera, there's only so many things you can actually change. The trajectory of Mother's Day was aligned with our expectations, and it also provided significant learnings that we are implementing as we speak. I mentioned, during the prepared remarks, these minor things, which is super important, of aligning the value proposition between the two channels, florists and direct ship. It literally used to be that you would go onto our website, and by the way, we're still fixing all of that, but we know what we are doing and we're executing. You would find two identical. Well, for an uneducated person, you would see two almost identical flower bouquets. Think of two dozen roses. The price gap would be 20%.
You would go like, "Why is the price gap so much?" You could drive yourself crazy, the answer was, well, one is direct ship, the other is coming from the florist. We learn, we tested, "Hey, what if you have the same SKU for both channels?" We tested that on Mother's Day, we sold that. All of these little learnings were sequentially applying to improve the trajectory of the business. Again, those are being applied on 1-800-Flowers.com, the trajectory of the business is improving significantly. There are weeks in which it's positive sales for that category. It's moving in the right direction, but there are also the other moving parts, which is, okay, one thing is to sell flowers, but that website was selling flowers, chocolate-covered strawberries.
It was selling a lot of many different things because we manually, we put in those products in front of the customer. Yes, they were buying them, but nobody was measuring incrementality. Now we're measuring incrementality, we are measuring conversion, you may be surprised to hear this, but when people go to 1-800-Flowers.com, they want to buy a flower bouquet. We are now with AI ranking, because that's what the customer wants to see. That's what we are showing and that's what we are selling. The category as flowers, it's already growing, most days, more weeks. But you are compensating for declining sales in the other categories. All of this to tell you, we are very optimistic about the tests that we are making, the measurement of incrementality, and when it works, we roll out.
Now you have to keep in mind, we have multiple websites. Every change doesn't impact the $1.5 billion in sales, it just impacts that website. Just as we are talking about flowers, I mentioned, hey, we also have Harry & David. For Harry & David, the priority right now is Q2, is Christmas. So we have different tests, different things going on. As I mentioned, that's why we are testing the new platform on an A/B basis at this point. So positive about the trajectory, satisfied with the results in Mother's Day, we are learning a lot and those learnings will allow us to change the trajectory of the business over time.
That's very helpful context then. Just to follow up quickly on the, Consumer Floral and Gifts business. as you talk about the florist fulfilled and direct fulfillment, what's the mix nowadays, between those two? Is there an optimal number there that you think would make sense for you guys going forward?
Anthony, this is James. Right now the mix is, +60% is florist fulfilled, and the remaining is direct. The florist fulfilled percentage has been increasing for all the reasons that Adolfo was speaking to. There is an optimal mix, but it is really more around getting the product and the right product to our customers through the best fulfillment channel.
We do not have a target in mind of the optimal mix. The way I think about it is, we want to provide customer choice. If you are a customer living in Manhattan, we have plenty of florists that can provide the bouquets you are looking for. I do not want to sell you direct products in there, because certainly, our florist delivery business, it is probably the best experience we can provide. My favorite example with the team is, if you are a customer that is trying to send a gift to Big Sky Montana, there is not a florist in Big Sky Montana, so you need to actually ship direct. What we are trying to do is to improve that value proposition, align it with our florist deliver business to get to an optimal mix driven by what the customer wants.
Got you. Okay. Just switching gears. BloomNet was a bright spot here with sales increasing slightly. I know it is your lowest revenue segment, but, what is going on there, and do you think you can sustain modest growth in BloomNet?
Anthony, as you mentioned, it is about a $500,000 increase year-over-year. One of the main drivers is what we call the local marketplace or the apps. That is the sales that are being processed through DoorDash, Instacart, and Uber Eats. That was one of the main drivers. Then there was some, from a florist fulfilled, we had a pretty decent Mother's Day on that front, as Adolfo mentioned. We got a little uplift there as well. We are excited about what we call local marketplace or the local apps, as something that will continue to grow.
Yeah, I will build on that. Anthony, I regularly think about BloomNet as a leading indicator into where we are heading. We just discussed two things, how our flowers category is growing, that we are favoring florist deliver business because that's what the customer wants. And those two things by itself impact in a positive way our BloomNet revenues. The other thing we discussed was the third-party marketplace, which as James explained, that's also growing nicely. So if you combine those factors, BloomNet is getting the benefit of those, and that's why you see the positive trajectory in there.
Got you. Okay. If I could just squeeze one more in. As far as tariff refunds, so you talked about $7 million in a quarter. Do you expect to get any additional tariff refunds in fiscal 2027, perhaps?
No, at this point, Anthony, we believe we've got all the refunds that are due us at the moment.
Understood. Well, thank you very much, and best of luck.
Thank you.
The next question comes from Linda Bolton-Weiser with Water Tower Research. Please go ahead.
Yes. Hi, thank you. I was wondering if you could comment, Adolfo, on your efforts to improve marketing spending productivity. Is there any metrics you can share with us that would help us understand better the progress you've made other than spending as a percentage of revenue? So maybe something like CAC, if your customer acquisition cost has gone down or up, and is there any other metrics that could help us see the progress that you're making there?
Yes, Linda. I do not have hard numbers for you, but let me explain what we are trying to do and what we are seeing. If you step back for a moment, 2026 was the core problem we were trying to solve. We were trying to drive revenues, hoping that the customer acquisition cost would be offset by customer lifetime value. However, our marketing machine would get the customer. I think we mentioned somewhere in there that about 70%+ of our sales come from repeat customers. But the problem we were having is we were paying a customer acquisition cost to get a lot of those customers. Our marketing investment was not measuring incrementality and was not really driving customer lifetime value. We did not have the capacity to measure multi-touch attribution.
We were only measuring last touch attribution, which would lead you to believe that buying clicks from Google was the most effective investment you were making. But if you were to measure that using incrementality, you would realize that it was minimal incrementality. As step number one, and this is what we did in 2026, we implemented and we have talked about marketing contribution margin, which was, "Hey guys, if it is not contribution margin positive for the transaction, including the marketing acquisition cost, do not spend the money." We know we probably left in there some transactions that we may have wanted to have, but we just did not have the capability to measure what was good and what was bad. Again, the very basic approach we were using for measurement was not the right way of measuring customer acquisition cost and customer lifetime value.
We literally just put the brakes, save a lot of money in the process. I think if you were to look at 2026 in total, marketing contribution margin was positive in most quarters, in most months, just because we were spending more money than we should have spent. Now, as part of that process, let me just stop right there. In 2026, yes, our customer acquisition cost declined, and yes, our customer lifetime value increased. But for the basis of the business, a $1.5 billion, $1.6 billion business, we need to go back to revenue growth for the operational efficiencies to kick in. As we were doing that and cutting costs, we have been investing in capabilities.
I am not going to declare victory that we have everything, but as we speak, literally every week, we are releasing and implementing new tools, new capabilities within marketing in the different websites that are allowing us to prepare for the upcoming events, which are where the majority of our revenues come. I will give you an example. For the first time ever, we are going to have marketing measurement, multi-touch attribution across all of our websites. That is becoming live in October. We are changing our loyalty program. Our loyalty program was a one-size-fits-all that basically just focused, "Okay, if you are going to buy multiple orders from us, I will give you free delivery." That was the only value proposition. What we are doing right now is we are redesigning that. We are going to bring a wallet to truly measure retention and incrementality and segment our customers.
We're finding out our B2B customers are very different from our consumers. Yet, we were offering them the same value proposition. So we are changing those things. We're modernizing our media team. We are doing a lot of things with the idea to get back to a productive. Okay, here's the customer acquisition cost we can have. By the way, that varies by website. It's not the same, so we need to measure that by website, and then determine how much can we spend to truly deliver a positive customer lifetime value based on conversion, retention, et cetera.
So Linda, we are moving in the right direction, and now the challenge in 2027 is just to demonstrate that those capabilities actually will allow us to deliver revenue growth. As I mentioned, the reason we're not saying, "Hey, it's positive in 2027," it's because this is sequential, and you will see the trajectory improving. So as the year goes by, this trajectory should continue to improve as we bring the new capabilities into each of our different websites, to increase our acquisition, retention, and repeatability of customers.
That's helpful, thank you. It sort of leads into my next question, which is the cadence of sales performance in FY 2027. You kind of indicated this would improve as the year goes on. So would we expect sales decline to be biggest in the first part of the fiscal year and then to improve as you go on? Do you think by the fourth quarter of fiscal 2027, do you think the top line can be flat or even slightly up year-over-year?
So Linda, this is James. As you mentioned, we expect the rate of revenue decline to moderate as we progress throughout 2027. As Adolfo mentioned, as these initiatives begin to gain traction. Again, we don't expect these improvements to be linear from quarter to quarter, and we're not giving specific quarterly guidance, but we do anticipate that we'll see improvement on the top line throughout the year.
Yeah. But the key thing here, Linda, is we do expect the revenue trajectory to improve.
Okay, great. My final question has to do with your discussion about, I guess, potential divestitures. Are you talking more about brand sales or hard assets like facilities? My second question has to do with on the brands, are you able to give us some sense as to whether there are any brands that are unprofitable, on a standalone basis? Is that possible for you to measure and convey in terms of the profitability, particularly of each brand individually? Thanks.
Linda, we're obviously evaluating potential divestitures to help simplify the business and optimize the capital structure. Really focused on non-strategic assets where ownership may not be necessary to support our long-term strategy. Including situations where we might be able to work with third party partners and operate with more focus in a capital efficient model. We're not really commenting right now on the specific divestitures, but we're obviously looking at everything, both from brands as well as hard assets.
Thank you very much. I appreciate it.
Thank you.
Thank you.
This concludes our question and answer session. I would like to turn the conference back over for any closing remarks.
Thank you everyone for joining us today and for your continued support. As we close, I want to reinforce a few key points. Fiscal 2026 was an important year for our company. We strengthened our leadership team, simplified how we operate, began to modernize our customer experience and marketing capabilities, and created clearer ownership and accountability across the customer journey. While there is still important work ahead, we believe we have built a stronger foundation for the business. As we enter fiscal 2027, our focus is increasingly on putting these capabilities to work and translating them into better business performance. Improving our revenue trends remains our highest priority, supported by our efforts to modernize the customer experience, increase marketing productivity, and execute with discipline. I am confident in the team we have in place and the opportunities ahead of us. Thank you again for joining us today.
The conference is now concluded. Thank you for attending today's presentation. You may now disconnect.
Investor releaseQuarter not tagged2026-09-09Earnings To Watch: 1-800-Flowers.com Inc (FLWS) Q4 2026 -- GF Value Sees 57% Upside
GuruFocus.com
Earnings To Watch: 1-800-Flowers.com Inc (FLWS) Q4 2026 -- GF Value Sees 57% Upside
This article first appeared on GuruFocus. 1-800-Flowers.com Inc (NASDAQ:FLWS) is set to release its Q4 2026 earnings on Sep 10, 2026. The consensus estimate for Q4 2026 revenue is 293.60 million, and the earnings are expected to come in at -0.69 per share. The full year 2026's revenue is expected to be $1506.27 million and the earnings are expected to be $-1.44 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 4 Warning Signs with FLWS. Is FLWS fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for 1-800-Flowers.com Inc (NASDAQ:FLWS) have declined from $1506.35 million to $1506.27 million for the full year 2026, and from $1485.92 million to $1483.69 million for 2027. Meanwhile, earnings estimates have remained flat at $-1.44 per share for the full year 2026 and at $-0.59 per share for 2027 over the same period. In the previous quarter of 2026-03-31, 1-800-Flowers.com Inc's (NASDAQ:FLWS) actual revenue was $293.01 million, which beat analysts' revenue expectations of $292.42 million by 0.20%. 1-800-Flowers.com Inc's (NASDAQ:FLWS) actual earnings were $-1.56 per share, which missed analysts' earnings expectations of $-0.75 per share by -107.17%. After releasing the results, 1-800-Flowers.com Inc (NASDAQ:FLWS) was up by 16.54% in one day. Based on the one-year price targets offered by 2 analysts, the average target price for 1-800-Flowers.com Inc (NASDAQ:FLWS) is $4.88 with a high estimate of $6.00 and a low estimate of $3.75. The average target implies an upside of 33.02% from the current price of $3.67. Based on GuruFocus estimates, the estimated GF Value for 1-800-Flowers.com Inc (NASDAQ:FLWS) in one year is $5.74, suggesting an upside of 56.62% from the current price of $3.67. Based on the consensus recommendation from 1 brokerage firm, 1-800-Flowers.com Inc's (NASDAQ:FLWS) average brokerage recommendation is currently 2.00, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Investor releaseQuarter not tagged2026-09-09What To Expect From 1-800-FLOWERS’s (FLWS) Q2 Earnings
StockStory
What To Expect From 1-800-FLOWERS’s (FLWS) Q2 Earnings
E-commerce florist and gift retailer 1-800-FLOWERS (NASDAQ:FLWS) will be announcing earnings results this Thursday morning. Here’s what investors should know. 1-800-FLOWERS met analysts’ revenue expectations last quarter, reporting revenues of $293 million, down 11.6% year on year. It was a slower quarter for the company, with a significant miss of analysts’ EPS estimates. Is 1-800-FLOWERS a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting 1-800-FLOWERS’s revenue to decline 12.8% year on year, a further deceleration from the 6.7% decrease it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. 1-800-FLOWERS has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at 1-800-FLOWERS’s peers in the consumer discretionary - specialized consumer services segment, some have already reported their Q2 results, giving us a hint as to what we can expect. H&R Block delivered year-on-year revenue growth of 3%, beating analysts’ expectations by 2.5%, and Frontdoor reported revenues up 4.5%, in line with consensus estimates. H&R Block traded up 16.1% following the results while Frontdoor was also up 18.9%. Read our full analysis of H&R Block’s results here and Frontdoor’s results here. Over the last year or so, investors' attention has moved from one major market theme to the next, spanning AI disruption and surging infrastructure investment to geopolitical tensions, interest rates, and the health of the broader economy. While some of the consumer discretionary - specialized consumer services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 6.3% on average over the last month. 1-800-FLOWERS is down 6.5% during the same time and is heading into earnings with an average analyst price target of $5.50 (compared to the current share price of $3.72). ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all. Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connector…Read full documentShow less
E-commerce florist and gift retailer 1-800-FLOWERS (NASDAQ:FLWS) will be announcing earnings results this Thursday morning. Here’s what investors should know. 1-800-FLOWERS met analysts’ revenue expectations last quarter, reporting revenues of $293 million, down 11.6% year on year. It was a slower quarter for the company, with a significant miss of analysts’ EPS estimates. Is 1-800-FLOWERS a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting 1-800-FLOWERS’s revenue to decline 12.8% year on year, a further deceleration from the 6.7% decrease it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. 1-800-FLOWERS has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at 1-800-FLOWERS’s peers in the consumer discretionary - specialized consumer services segment, some have already reported their Q2 results, giving us a hint as to what we can expect. H&R Block delivered year-on-year revenue growth of 3%, beating analysts’ expectations by 2.5%, and Frontdoor reported revenues up 4.5%, in line with consensus estimates. H&R Block traded up 16.1% following the results while Frontdoor was also up 18.9%. Read our full analysis of H&R Block’s results here and Frontdoor’s results here. Over the last year or so, investors' attention has moved from one major market theme to the next, spanning AI disruption and surging infrastructure investment to geopolitical tensions, interest rates, and the health of the broader economy. While some of the consumer discretionary - specialized consumer services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 6.3% on average over the last month. 1-800-FLOWERS is down 6.5% during the same time and is heading into earnings with an average analyst price target of $5.50 (compared to the current share price of $3.72). ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all. Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.
Investor releaseQuarter not tagged2026-09-03Lands' End (LE) Lags Q2 Earnings Estimates
Zacks
Lands' End (LE) Lags Q2 Earnings Estimates
Lands' End (LE) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.1 per share. This compares to a loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.00%. A quarter ago, it was expected that this clothing maker would post a loss of $0.21 per share when it actually produced a loss of $0.11, delivering a surprise of +47.62%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Lands' End, which belongs to the Zacks Retail - Catalog Shopping industry, posted revenues of $302.04 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 0.32%. This compares to year-ago revenues of $294.08 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Lands' End shares have lost about 22.4% since the beginning of the year versus the S&P 500's gain of 12%. While Lands' End has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Lands' End was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stoc…Read full documentShow less
Lands' End (LE) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.1 per share. This compares to a loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.00%. A quarter ago, it was expected that this clothing maker would post a loss of $0.21 per share when it actually produced a loss of $0.11, delivering a surprise of +47.62%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Lands' End, which belongs to the Zacks Retail - Catalog Shopping industry, posted revenues of $302.04 million for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 0.32%. This compares to year-ago revenues of $294.08 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Lands' End shares have lost about 22.4% since the beginning of the year versus the S&P 500's gain of 12%. While Lands' End has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Lands' End was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.23 on $326.42 million in revenues for the coming quarter and $0.49 on $1.34 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Catalog Shopping is currently in the top 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Retail-Wholesale sector, 1-800-Flowers.com (FLWS), has yet to report results for the quarter ended June 2026. The results are expected to be released on September 10. This flower and gift retailer is expected to post quarterly loss of $0.72 per share in its upcoming report, which represents a year-over-year change of -4.4%. The consensus EPS estimate for the quarter has been revised 1.7% lower over the last 30 days to the current level. 1-800-Flowers.com's revenues are expected to be $293.6 million, down 12.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lands' End, Inc. (LE) : Free Stock Analysis Report 1-800 FLOWERS.COM, Inc. (FLWS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-08-191-800-FLOWERS.COM, Inc. to Release its Fiscal 2026 Fourth Quarter and Year-End Results on Thursday, September 10, 2026
Business Wire
1-800-FLOWERS.COM, Inc. to Release its Fiscal 2026 Fourth Quarter and Year-End Results on Thursday, September 10, 2026
JERICHO, N.Y., August 19, 2026--(BUSINESS WIRE)--1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) (the "Company"), a leading provider of thoughtful expressions designed to help inspire customers to give more, connect more, and build more and better relationships, today announced that the Company will release financial results for its fiscal 2026 fourth quarter and year-end on Thursday, September 10, 2026. The press release will be issued before the market opens and will be followed by a conference call with members of senior management at 8:00 a.m. (ET). The conference call will be available via live webcast on the Investors section of the Company’s website at www.1800flowersinc.com/investors. A replay of the webcast will be available shortly after the live event has concluded. A telephone replay of the call will be available beginning at 2:00 p.m. (ET) on September 10, 2026, through September 17, 2026, by dialing (855) 669-9658 or (412) 317-0088 for international callers; the passcode is 8022292. Special Note Regarding Forward-Looking Statements: Some of the statements contained in the Company’s press release and conference call regarding its fiscal 2026 fourth quarter and year-end results, other than statements of historical fact, may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. For a more detailed description of these and other risk factors, please refer to the Company’s SEC filings including its Annual Reports and Forms 10-K and 10-Q available at the Investor Relations section of the Company’s website at 1800flowersinc.com. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in the scheduled conference call and any recordings thereof, or in any of its SEC filings, except as may be otherwise stated by the Company. About 1-800-FLOWERS.COM, Inc. 1-800-FLOWERS.COM, Inc. is a leading provider of thoughtful expressions designed to help inspire customers to share more, connect more, and build more and better relationships. The Company’s e-commerce business platform features an all-star family of brands, including: 1-800-Flowers.com®, 1-800-Baskets.com®, Card Isle®, Cheryl’s Cookies®, Harry & David®, Pers…Read full documentShow less
JERICHO, N.Y., August 19, 2026--(BUSINESS WIRE)--1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) (the "Company"), a leading provider of thoughtful expressions designed to help inspire customers to give more, connect more, and build more and better relationships, today announced that the Company will release financial results for its fiscal 2026 fourth quarter and year-end on Thursday, September 10, 2026. The press release will be issued before the market opens and will be followed by a conference call with members of senior management at 8:00 a.m. (ET). The conference call will be available via live webcast on the Investors section of the Company’s website at www.1800flowersinc.com/investors. A replay of the webcast will be available shortly after the live event has concluded. A telephone replay of the call will be available beginning at 2:00 p.m. (ET) on September 10, 2026, through September 17, 2026, by dialing (855) 669-9658 or (412) 317-0088 for international callers; the passcode is 8022292. Special Note Regarding Forward-Looking Statements: Some of the statements contained in the Company’s press release and conference call regarding its fiscal 2026 fourth quarter and year-end results, other than statements of historical fact, may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. For a more detailed description of these and other risk factors, please refer to the Company’s SEC filings including its Annual Reports and Forms 10-K and 10-Q available at the Investor Relations section of the Company’s website at 1800flowersinc.com. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in the scheduled conference call and any recordings thereof, or in any of its SEC filings, except as may be otherwise stated by the Company. About 1-800-FLOWERS.COM, Inc. 1-800-FLOWERS.COM, Inc. is a leading provider of thoughtful expressions designed to help inspire customers to share more, connect more, and build more and better relationships. The Company’s e-commerce business platform features an all-star family of brands, including: 1-800-Flowers.com®, 1-800-Baskets.com®, Card Isle®, Cheryl’s Cookies®, Harry & David®, PersonalizationMall.com®, Shari’s Berries®, FruitBouquets.com®, Things Remembered®, Moose Munch®, The Popcorn Factory®, Wolferman’s Bakery®, Vital Choice®, Simply Chocolate® and Scharffen Berger®. Through the Celebrations Passport® loyalty program, which provides members with free standard shipping and no service charge on eligible products across our portfolio of brands, 1-800-FLOWERS.COM, Inc. strives to deepen relationships with customers. The Company also operates BloomNet®, an international floral and gift industry service provider offering a broad range of products and services designed to help members grow their businesses profitably; Napco℠, a resource for floral gifts and seasonal décor; and DesignPac®, a manufacturer of gift baskets and towers. 1-800-FLOWERS.COM, Inc. was recognized among America’s Most Trustworthy Companies by Newsweek for 2024. 1-800-FLOWERS.COM, Inc. was also recognized as one of America’s Most Admired Workplaces for 2025 by Newsweek and was named to the Fortune 1000 list in 2022. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS. For more information, visit 1800flowersinc.com. FLWS-COMPFLWS-FN View source version on businesswire.com: https://www.businesswire.com/news/home/20260819221041/en/ Contacts Investors Contact:Andy [email protected] Media:[email protected]
Investor releaseQuarter not tagged2026-08-06Insight Enterprises (NSIT) Q2 Earnings and Revenues Beat Estimates
Zacks
Insight Enterprises (NSIT) Q2 Earnings and Revenues Beat Estimates
Insight Enterprises (NSIT) came out with quarterly earnings of $3.86 per share, beating the Zacks Consensus Estimate of $2.95 per share. This compares to earnings of $2.45 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +30.85%. A quarter ago, it was expected that this information technology provider would post earnings of $2.45 per share when it actually produced earnings of $2.88, delivering a surprise of +17.55%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Insight Enterprises, which belongs to the Zacks Retail - Mail Order industry, posted revenues of $2.4 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 8.67%. This compares to year-ago revenues of $2.09 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Insight Enterprises shares have added about 72.2% since the beginning of the year versus the S&P 500's gain of 12.8%. While Insight Enterprises has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Insight Enterprises was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the…Read full documentShow less
Insight Enterprises (NSIT) came out with quarterly earnings of $3.86 per share, beating the Zacks Consensus Estimate of $2.95 per share. This compares to earnings of $2.45 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +30.85%. A quarter ago, it was expected that this information technology provider would post earnings of $2.45 per share when it actually produced earnings of $2.88, delivering a surprise of +17.55%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Insight Enterprises, which belongs to the Zacks Retail - Mail Order industry, posted revenues of $2.4 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 8.67%. This compares to year-ago revenues of $2.09 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Insight Enterprises shares have added about 72.2% since the beginning of the year versus the S&P 500's gain of 12.8%. While Insight Enterprises has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Insight Enterprises was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.70 on $2.07 billion in revenues for the coming quarter and $11.46 on $8.49 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Mail Order is currently in the top 4% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. 1-800-Flowers.com (FLWS), another stock in the same industry, has yet to report results for the quarter ended June 2026. This flower and gift retailer is expected to post quarterly loss of $0.72 per share in its upcoming report, which represents a year-over-year change of -4.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. 1-800-Flowers.com's revenues are expected to be $293.68 million, down 12.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Insight Enterprises, Inc. (NSIT) : Free Stock Analysis Report 1-800 FLOWERS.COM, Inc. (FLWS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

