FLWS - 1-800-Flowers.com stock up on FQ2 beat

1-800-Flowers.com (FLWS) +7.3% premarket, reports revenue growth of ~45% in FQ2, driven by net revenue growth in all three business segments.E-commerce revenue increased 34.6% to $777.81M.Segment revenues: Consumer Floral: $305.4M (+163.9%); BloomNet Wire Service: $34.1M (+32.4%); Gourmet Food and Gift Baskets: $538.3M (+15.9%).Gross margin rate improved 100 bps to 45.4%.Adjusted EBITDA increased 48.4% Y/Y to $164.3M.Due to the significant uncertainty in the overall economy related to the ongoing COVID-19 pandemic, the company is not providing guidance for FY2021.Previously: 1-800 FLOWERS.COM EPS beats by $0.33, beats on revenue (Jan. 28)

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1-800-Flowers.com stock up on FQ2 beat