1-800-Flowers Q2 revenue slightly beats estimates, lowers guidance for H2

Overview

• E-commerce provider's fiscal Q2 revenue slightly beat analyst expectations despite a 9.5% decline

• Adjusted net income for Q2 beat analyst expectations

• Adjusted EBITDA for Q2 beat analyst estimates

Outlook

• Company expects second-half fiscal 2026 revenue to decline in low double-digit range

• Company anticipates slight decline in second-half fiscal 2026 adjusted EBITDA

• 1-800-Flowers.com focuses on cost savings and organizational efficiency for long-term growth

Result Drivers

• STRATEGIC SHIFT - Revenue declined 9.5% due to a strategic focus on improving marketing effectiveness and profitability

• COST OPTIMIZATION - Operating expenses decreased due to lower marketing and labor costs

• ORGANIZATIONAL STREAMLINING - Efforts to transform structure into a more efficient organization are underway

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 122.8% above its January 28 closing price of $4.04

Press Release: ID:nBw6zLtZpa

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