1-800-FLOWERS.COM, Inc. Reports Earnings Results for the Full Year Ended July 02, 2023
August 31, 2023 at 06:45 am EDT
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1-800-FLOWERS.COM, Inc. reported earnings results for the full year ended July 02, 2023. For the full year, the company reported sales was USD 1,744.62 million compared to USD 1,934.65 million a year ago. Revenue was USD 2,017.85 million compared to USD 2,207.89 million a year ago.
Net loss was USD 44.7 million compared to net income of USD 29.61 million a year ago. Basic loss per share from continuing operations was USD 0.69 compared to basic earnings per share from continuing operations of USD 0.46 a year ago. Diluted loss per share from continuing operations was USD 0.69 compared to diluted earnings per share from continuing operations of USD 0.45 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.