1·800·, Inc. (FLWS) – Very Near Term View A Little Less Rosy

0 min read

Friday, March 22, 2024

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, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.

Jacob Mutchler, Research Associate, Noble Capital Markets, Inc.

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

Highlights from New York NDR. This report features a recent Non-Deal Roadshow in New York with Bill Shea, Chief Financial Officer, and Andy Milevoy, Sr. Vice President, Investor Relations. In our view, the fireside chat discussion highlighted the dynamic revenue and cash flow growth opportunities, both organically and through acquisitions, and its solid financial position, all against the backdrop of favorable, long term secular trends toward e-commerce.  

Very near term challenges. While most commodities have moderated, the company is still adversely affected by stubbornly high cocoa and sugar prices. Cocoa prices are not likely to moderate until 2025, a factor of drought conditions in Africa. In addition, while ocean freight prices are likely to be constrained as new ships come on line, domestic shipping costs are expected to increase. 

Get the Full Report

Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

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. 


Inbox Intel from Channelchek.

Informed investors make more money. And it’s all about timing. Get it when it happens.

By clicking submit you are agreeing to the Terms of Use and Privacy Policy