FLWS - 1-800-FLOWERS.COM Clocks 17.9% Dip In Q4 Topline Forecasts Revenue To Rebound During Holiday Period | Benzinga
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) reported Q4 revenues of $398.81 million, missing the consensus of $413.31 million. Revenues slumped 17.9% Y/Y.
The company reported adjusted EPS of $(0.28) per share, beating the consensus of $(0.32) loss.
Segments: Gourmet Foods and Gift Baskets revenues declined 18.7% to $120.7 million, Consumer Floral & Gifts fell 17% to $248.3 million, and BloomNet revenues decreased 22.1% to $30 million.
The gross profit margin increased 340 basis points to 37.1%, thanks to lower ocean freight costs, the ...