1-800-FLOWERS.COM faces deteriorating revenue, profits, and cash flows, prompting a downgrade to 'sell' ahead of upcoming earnings. Management's cost-cutting and marketing shifts have not offset persistent revenue declines; EBITDA is expected to be near break-even this year. Segment performance remains weak: Consumer Floral & Gifts sales plunged 19%, while Gourmet Foods' modest sales drop was offset by improved segment profits.
1-800-Flowers.com (FLWS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
1-800-Flowers.com, Inc. continued to report declining revenues in Q3. Competition weighs on FLWS' performance. Earnings stabilized somewhat through FLWS' cost savings and rationalized marketing spending in Q3, but the outlook remains concerning. Expanding into third-party delivery platforms and increasing top-funnel marketing are positives, but material turnaround progress hasn't been made.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 20 | $61 | $82.6 | $21.6 | 35.41% |
| NA Nizar Araji National Bank Of Canada /FI/ | 5 | $19.65 | $20.1 | $0.45 | 2.29% |
Joseph Castro Nuveen LLC | 100,891 | $510,229.09 | $401,546.18 | -$108,682.91 | -21.3% |
Kimberly Cappellano Private Wealth Asset Management LLC | 924 | $5,452 | $3,677.52 | -$1,774.48 | -32.55% |
Bobby Adusumilli SJS Investment Consulting Inc. | 7 | $21.28 | $27.3 | $6.02 | 28.29% |
| Specialty Retail Industry | Consumer Discretionary Sector | Adolfo Villagomez CEO | NASDAQ (NGS) Exchange | 68243Q106 CUSIP |
| US Country | 3,900 Employees | - Last Dividend | - Last Split | 3 Aug 1999 IPO Date |
1-800-FLOWERS.COM, Inc. stands as a preeminent provider of gifts suited for a plethora of occasions both within the United States and on a global scale. The company showcases its versatility through three primary segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet, catering to a diverse array of customer needs. From its inception in 1976 to its present operations headquartered in Jericho, New York, 1-800-FLOWERS.COM, Inc. has built its reputation as a reliable source for high-quality, thoughtful gift options delivered across the globe. Through a combination of direct online sales and a network of branded partnerships, the company ensures a seamless gifting experience for its customers.
The convenience offered by 1-800-FLOWERS.COM, Inc.’s wide online platform facilitates access to these products and services across numerous renowned brand names including 1-800-Flowers.com, 1-800-Baskets.com, Cheryl's Cookies, FruitBouquets.com, Harry & David, Moose Munch, The Popcorn Factory, Wolferman's Bakery, PersonalizationMall.com, Simply Chocolate, Vital Choice, DesignPac, Stock Yards, Shari's Berries, BloomNet, Napco, and Flowerama. This extensive network of brands, each with its unique market position and product focus, allows 1-800-FLOWERS.COM, Inc. to meet a comprehensive range of consumer gifting needs, providing quality and satisfaction across its service offerings.