1-800-Flowers.Com (FLWS) Set to Announce Quarterly Earnings on Thursday

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1-800-Flowers.Com (NASDAQ:FLWS) is scheduled to be announcing its earnings results before the market opens on Thursday, November 1st. Analysts expect the company to announce earnings of ($0.29) per share for the quarter. 1-800-Flowers.Com has set its FY19 guidance at $0.38-0.42 EPS.

1-800-Flowers.Com (NASDAQ:FLWS) last released its earnings results on Thursday, August 23rd. The specialty retailer reported ($0.12) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.13) by $0.01. The firm had revenue of $229.93 million for the quarter, compared to analyst estimates of $227.57 million. 1-800-Flowers.Com had a net margin of 3.54% and a return on equity of 9.49%. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.11) earnings per share. On average, analysts expect 1-800-Flowers.Com to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of 1-800-Flowers.Com stock opened at $10.59 on Wednesday. The company has a market capitalization of $686.59 million, a price-to-earnings ratio of 24.07, a P/E/G ratio of 2.66 and a beta of 1.07. 1-800-Flowers.Com has a 52 week low of $8.85 and a 52 week high of $15.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.48 and a current ratio of 2.19.

Several brokerages have commented on FLWS. BidaskClub lowered shares of 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a research note on Friday, October 26th. Sidoti upgraded shares of 1-800-Flowers.Com from a “neutral” rating to a “buy” rating in a research note on Thursday, October 25th. Cann reiterated a “sell” rating on shares of 1-800-Flowers.Com in a research note on Monday, October 15th. Zacks Investment Research upgraded shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research note on Monday, September 24th. Finally, Noble Financial reiterated a “hold” rating on shares of 1-800-Flowers.Com in a research note on Tuesday, August 28th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $13.25.

In other news, CEO Christopher G. Mccann sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $14.34, for a total transaction of $215,100.00. Following the transaction, the chief executive officer now directly owns 1,141,709 shares in the company, valued at $16,372,107.06. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Christopher G. Mccann sold 12,500 shares of the firm’s stock in a transaction that occurred on Friday, October 12th. The stock was sold at an average price of $11.10, for a total transaction of $138,750.00. Following the transaction, the chief executive officer now owns 937,328 shares in the company, valued at $10,404,340.80. The disclosure for this sale can be found here. Insiders sold 58,750 shares of company stock worth $709,788 over the last quarter. 61.39% of the stock is currently owned by insiders.

A hedge fund recently raised its stake in 1-800-Flowers.Com stock. Bank of New York Mellon Corp lifted its holdings in shares of 1-800-Flowers.Com Inc (NASDAQ:FLWS) by 2.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 210,411 shares of the specialty retailer’s stock after acquiring an additional 5,740 shares during the period. Bank of New York Mellon Corp owned 0.33% of 1-800-Flowers.Com worth $2,641,000 at the end of the most recent reporting period. Institutional investors own 32.95% of the company’s stock.

About 1-800-Flowers.Com

1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, jewelry, and plush stuffed animals.

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Earnings History for 1-800-Flowers.Com (NASDAQ:FLWS)

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