1-800-FLOWERS.COM, Inc. Reports Earnings Results for the First Quarter Ended October 01, 2023
November 02, 2023 at 06:45 am EDT
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1-800-FLOWERS.COM, Inc. reported earnings results for the first quarter ended October 01, 2023. For the first quarter, the company reported sales was USD 209.91 million compared to USD 238.92 million a year ago. Revenue was USD 269.05 million compared to USD 303.6 million a year ago.
Net loss was USD 31.24 million compared to USD 33.69 million a year ago. Basic loss per share from continuing operations was USD 0.48 compared to USD 0.52 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.