There have been two crosswinds when it comes to 1-800-Flowers.com (FLWS) stock. There's an obvious qualitative case, given the collapse of rival FTD Companies (FTDCQ). 1-800-Flowers and FTD aren't quite a duopoly, as there are other competitors, including The Wonderful Company's Teleflora. But FTD's declining revenue, combined with a disastrous acquisition, led to its bankruptcy this year - and an opportunity for 1-800-Flowers.com to take share.
That's already played out in recent years. Indeed, while FTD sales have eroded, 1-800-Flowers posted revenue growth of 8.4% in fiscal 2019 (ending June) on top of