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1-800-FLOWERS.COM, Inc. — Fiscal 2027 First Quarter Earnings Summary

  • Total consolidated revenues declined 11.1% year-over-year to $171.4 million, driven by an 11.1% drop in the E-Commerce segment and a 10.7% decrease in Wholesale and Other, while gross profit margin contracted 120 basis points to 34.1%.
  • The Company reported a net loss from continuing operations of $50.6 million ($0.79 per share) and an adjusted EBITDA loss of $31.9 million, with free cash flow at $(129.8) million and cash balances decreasing to $9.4 million.
  • Fiscal 2027 guidance was updated to reflect the divestiture of PersonalizationMall.com and Things Remembered, projecting total revenue declines of 2% to 5% and adjusted EBITDA of approximately $10 million to $15 million.
  • Strategic initiatives include simplifying the business structure, optimizing the capital structure through asset sales (including a pending $10 million facility sale), and focusing reinvestment on strengthening primary websites, which showed improving net order demand trends despite an 8.0% year-over-year decline.
Company
1 800 FLOWERS COM INC
Sector
Consumer Cyclical
Industry
Specialty Retail