1-800-FLOWERS.COM (NASDAQ:FLWS) Posts Earnings Results, Beats Expectations By $0.02 EPS

1-800-FLOWERS.COM (NASDAQ:FLWSGet Free Report) released its quarterly earnings data on Thursday. The specialty retailer reported ($0.51) earnings per share for the quarter, beating the consensus estimate of ($0.53) by $0.02, Briefing.com reports. The firm had revenue of $193.20 million during the quarter, compared to analysts’ expectations of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.33% and a positive return on equity of 2.45%. The firm’s quarterly revenue was down 28.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.48) earnings per share.

1-800-FLOWERS.COM Price Performance

Shares of NASDAQ:FLWS opened at $8.26 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.92 and a current ratio of 1.69. The firm has a market cap of $530.46 million, a price-to-earnings ratio of -91.78, a P/E/G ratio of 3.05 and a beta of 1.62. The firm has a fifty day moving average price of $7.97 and a 200 day moving average price of $8.94. 1-800-FLOWERS.COM has a fifty-two week low of $7.14 and a fifty-two week high of $11.42.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on FLWS shares. DA Davidson boosted their target price on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report 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.

Read Our Latest Report on 1-800-FLOWERS.COM

1-800-FLOWERS.COM Company Profile

(Get Free Report)

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.

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Earnings History for 1-800-FLOWERS.COM (NASDAQ:FLWS)

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