1-800-FLOWERS.COM, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024
May 02, 2024 at 11:45 am
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1-800-FLOWERS.COM, Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was USD 340.24 million compared to USD 357.8 million a year ago. Revenue was USD 379.41 million compared to USD 417.57 million a year ago. Net loss was USD 16.9 million compared to USD 70.99 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 1.1 a year ago. Diluted loss per share from continuing operations was USD 0.26 compared to USD 1.1 a year ago.
For the nine months, sales was USD 1,288.56 million compared to USD 1,387.13 million a year ago. Revenue was USD 1,470.51 million compared to USD 1,619.05 million a year ago. Net income was USD 14.76 million compared to net loss of USD 22.16 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to basic loss per share from continuing operations of USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to diluted loss per share from continuing operations of 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.
1-800-FLOWERS.COM, INC. 
