1·800· (FLWS) – Is The Vase Half Empty?

Retail and Consumer
0 min read

Friday, September 02, 2022

1·800· (FLWS) – Is The Vase Half Empty?

For more than 45 years, has offered truly original floral arrangements, plants and unique gifts to celebrate birthdays, anniversaries, everyday occasions, and seasonal holidays, and to deliver comfort during times of grief. Backed by a caring team obsessed with service, provides customers thoughtful ways to express themselves and connect with the most important people in their lives. is part of the 1-800-FLOWERS.COM, Inc. family of brands. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Fiscal Q4 disappoints. The company reported a disappointing fiscal Q4. While revenues were largely in line with expectations, costs increased substantially. The company reported an adj. EBITDA loss of $16.8 million versus our $4.0 million estimate. 

Gross margins tumble. Gross margins tumbled 700 basis points to 33.7%, lower than our 34% estimate. The company was adversely affected by higher wage, transportation, and ocean freight costs, as well as a write down of perishable inventory due to weakened consumer demand. …

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This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 


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