1-800-FLOWERS.COM (NASDAQ:FLWS) Announces Earnings Results

1-800-FLOWERS.COM (NASDAQ:FLWS) announced its quarterly earnings data on Thursday. The specialty retailer reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.07), Briefing.com reports. 1-800-FLOWERS.COM had a negative net margin of 0.33% and a positive return on equity of 2.43%. The company had revenue of $360.90 million during the quarter, compared to the consensus estimate of $374.40 million. During the same quarter in the previous year, the firm posted ($0.28) EPS. The business’s revenue for the quarter was down 9.5% compared to the same quarter last year.

1-800-FLOWERS.COM Stock Up 1.5 %

1-800-FLOWERS.COM stock opened at $8.03 on Friday. The company has a current ratio of 1.89, a quick ratio of 1.13 and a debt-to-equity ratio of 0.37. 1-800-FLOWERS.COM has a 1-year low of $5.97 and a 1-year high of $11.42. The firm has a 50-day moving average of $9.43 and a 200-day moving average of $9.62.

Analyst Ratings Changes

Separately, DA Davidson upgraded shares of 1-800-FLOWERS.COM from an “underperform” rating to a “neutral” rating and lowered their price target for the company from $8.00 to $7.00 in a report on Friday.

1-800-FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.