1-800-FLOWERS.COM, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 01, 2024 at 07:33 am EST
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1-800-FLOWERS.COM, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was USD 738.41 million compared to USD 790.41 million a year ago. Revenue was USD 822.05 million compared to USD 897.88 million a year ago. Net income was USD 62.91 million compared to USD 82.53 million a year ago. Basic earnings per share from continuing operations was USD 0.97 compared to USD 1.28 a year ago. Diluted earnings per share from continuing operations was USD 0.97 compared to USD 1.27 a year ago.
For the six months, sales was USD 948.32 million compared to USD 1,029.33 million a year ago. Revenue was USD 1,091.1 million compared to USD 1,201.48 million a year ago. Net income was USD 31.67 million compared to USD 48.84 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 0.76 a year ago. Diluted earnings per share from continuing operations was USD 0.49 compared to USD 0.75 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.