1-800-Flowers Q4 adjusted EPS misses

Overview

• 1-800-Flowers fiscal Q4 revenue beats analyst expectations, per LSEG data

• Adjusted EPS for Q4 misses estimates, reflecting increased operating expenses

• Net loss for Q4 was $51.9 mln, impacted by impairment charges

Outlook

• Company aims to drive cost savings and organizational efficiency in FY 2026

• 1-800-Flowers.Com plans to broaden reach beyond e-commerce in FY 2026

• Company focuses on building a customer-centric, data-driven organization

• 1-800-Flowers.Com targets long-term growth with Celebrations Wave strategy

Result Drivers

• PROMOTIONAL ENVIRONMENT - Gross profit margin declined due to a highly promotional sales environment and deleveraging on sales decline

• IMPAIRMENT CHARGES - Net loss included a $143.8 mln non-cash goodwill and intangible impairment charge

• OPERATIONAL CHANGES - Co is focusing on becoming leaner and more agile, with a customer-centric and data-driven approach

Key Details

Analyst Coverage

• The one available analyst rating on the shares is "hold"

• The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy."

• Wall Street's median 12-month price target for 1-800-Flowers.Com Inc is $9.00, about 40.8% above its September 3 closing price of $5.33

Press Release: ID:nBw6z9TYZa