1-800-FLOWERS.COM (NASDAQ:FLWS) Announces Quarterly Earnings Results

1-800-FLOWERS.COM (NASDAQ:FLWS) posted its earnings results on Thursday. The specialty retailer reported ($0.51) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.02, Briefing.com reports. The firm had revenue of $193.20 million for the quarter, compared to the consensus estimate of $246.88 million. 1-800-FLOWERS.COM had a positive return on equity of 2.45% and a negative net margin of 0.33%. The business’s revenue for the quarter was down 28.2% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.48) EPS.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS opened at $8.26 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.69 and a debt-to-equity ratio of 0.38. The stock has a market cap of $530.46 million, a P/E ratio of -91.78, a P/E/G ratio of 3.05 and a beta of 1.62. The business’s 50 day moving average price is $7.97 and its 200-day moving average price is $8.94. 1-800-FLOWERS.COM has a 52 week low of $7.14 and a 52 week high of $11.42.

Analyst Ratings Changes

Several equities research analysts recently weighed in on FLWS shares. DA Davidson upped their price target on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Thursday. StockNews.com raised shares of 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating in a research report on Friday.

About 1-800-FLOWERS.COM

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.