1-800-FLOWERS.COM, Inc. Reports Earnings Results for the Fourth Quarter Ended July 02, 2023
August 31, 2023 at 11:45 am
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1-800-FLOWERS.COM, Inc. reported earnings results for the fourth quarter ended July 02, 2023. For the fourth quarter, the company reported sales was USD 357.49 million compared to USD 433.98 million a year ago. Revenue was USD 398.81 million compared to USD 485.89 million a year ago.
Net loss was USD 22.55 million compared to USD 22.25 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 0.34 a year ago. Diluted loss per share from continuing operations was USD 0.35 compared to USD 0.34 a year ago.
1-800-Flowers.Com, Inc. is a provider of gifts designed to help customers to give, connect, and build relationships. The Companyâs e-commerce business platform features a family of brands, including 1-800-Flowers.com, 1-800-Baskets.com, Cherylâs Cookies, Harry & David, PersonalizationMall.com, Shariâs Berries, FruitBouquets.com, Things Remembered, Moose Munch, The Popcorn Factory, Wolfermanâs Bakery, and others. Its Celebrations Passport loyalty program provides members with free standard shipping and no service charge across its portfolio of brands. It also operates BloomNet, an international floral and gift industry service provider offering a range of products and services designed to help members grow their businesses profitably; Napco, a resource for floral gifts and seasonal decor; DesignPac Gifts, LLC, a manufacturer of gift baskets and towers; and Aliceâs Table, a lifestyle business. Its segments include Consumer Floral & Gifts, BloomNet, and Gourmet Foods & Gift Baskets.