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

1-800-FLOWERS.COM (NASDAQ:FLWS) released its earnings results on Thursday. The specialty retailer reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.04), Briefing.com reports. The business had revenue of $379.40 million during the quarter, compared to analysts’ expectations of $383.73 million. 1-800-FLOWERS.COM had a positive return on equity of 3.32% and a negative net margin of 3.24%. The company’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same period last year, the business earned ($0.27) earnings per share.

1-800-FLOWERS.COM Trading Down 2.4 %

Shares of NASDAQ FLWS traded down $0.22 during midday trading on Friday, reaching $8.90. 381,089 shares of the stock were exchanged, compared to its average volume of 380,948. 1-800-FLOWERS.COM has a twelve month low of $5.97 and a twelve month high of $11.42. The stock has a market capitalization of $574.02 million, a P/E ratio of -9.27, a PEG ratio of 2.16 and a beta of 1.67. The company has a 50 day simple moving average of $9.82 and a 200 day simple moving average of $9.57. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.12 and a current ratio of 1.59.

Analyst Upgrades and Downgrades

FLWS has been the topic of a number of analyst reports. StockNews.com upgraded 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating in a research report on Thursday, February 29th. DA Davidson reduced their price target on 1-800-FLOWERS.COM from $9.50 to $9.00 and set a “neutral” rating on the stock in a report on Friday.

Insider Activity at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, insider Arnold P. Leap sold 3,000 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $9.32, for a total transaction of $27,960.00. Following the completion of the sale, the insider now owns 72,739 shares of the company’s stock, valued at $677,927.48. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 49.77% of the stock is currently owned by insiders.

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.