Monday, March 25, 2019

1-800-Flowers.com, Inc  (FLWS)

Not resting on its florals.

1-800 Flowers.com Inc is a United-States-based provider of gourmet food & gift baskets, consumer floral, and BloomNet wire service. Gourmet food & gift baskets and consumer floral jointly account for the majority of the company's total revenue. The company provides a broad range of merchandise, including fresh flowers, premium, fruits, popcorn, specialty treats, cookies and baked gifts, premium chocolates, confectionery, gift baskets, premium English muffins, steaks and chops, and others.

Michael Kupinski, DOR, Senior Research Analyst, Noble Capital Markets, Inc.

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

• Investor day reinforces strategy. The company held an Investor Day on March 22nd with detailed presentations from key management personnel from consumer floral and the gourmet food brands. The overall theme, highlighted across each of the business segments, were centered around investments in new customer acquisition, technological innovations, and increase cross-brand marketing efforts. 
• Holiday revenues strong. The Company provided color on the recent February 2019 Valentine's Day holiday period, which displayed continued efforts to gain market share. As this holiday time period is primarily heavy in floral revenues, bot... 

*Analyst certification and important disclosures included in 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.