1-800-FLOWERS.COM Inc - FLWS STOCK NEWS

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has announced the release of its fiscal 2025 first quarter financial results on Thursday, October 31, 2024. The company, a leading provider of gifts designed to inspire customer relationships, will issue a press release before the market opens. This will be followed by a conference call with senior management at 8:00 a.m. (ET).

Investors can access a live webcast of the call from the company's website. A recording will be available on the site within two hours of the call's completion. Additionally, a telephonic replay will be accessible from 2:00 p.m. (ET) on October 31, 2024, through November 7, 2024, using specific dial-in numbers for US, Canada, and International callers.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has announced significant changes in its executive leadership. Bill Shea, the current Chief Financial Officer, has confirmed his intention to retire on December 29, 2024. The Board of Directors has appointed James Langrock as the new Chief Financial Officer, effective on the same date.

Jim McCann, Chairman and CEO, expressed gratitude for Shea's three decades of service during a period of significant growth and transformation. Langrock, who joined the company in April as Chief Administrative Officer, brings extensive financial expertise from his previous roles as CFO at various public and private companies, including Charcuterie Artisans, The Hain Celestial Group, and Monster Worldwide, Inc.

1-800-FLOWERS.COM (NASDAQ: FLWS) reported fiscal year 2024 results, with revenue of $1.83 billion and a net loss of $6.1 million, including a $19.8 million non-cash impairment charge. Key highlights:

- Gross profit margin increased 260 basis points to 40.1%
- Adjusted EBITDA rose to $93.1 million
- Q4 revenue decreased 9.5% to $360.9 million
- Full-year revenue declined 9.2% to $1.83 billion
- Generated Free Cash Flow of $56.4 million

For fiscal 2025, the company expects revenue to be flat to down low-single digits, with Adjusted EBITDA between $85-95 million and Free Cash Flow of $45-55 million. The company remains focused on improving sales trends through Relationship Innovation initiatives and enhancing its gifting platform.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has announced the release date for its fiscal 2024 fourth quarter and year-end financial results. The company, a leading provider of gifts, will issue a press release on Thursday, August 29, 2024, before the market opens. This will be followed by a conference call with senior management at 8:00 a.m. ET.

Investors can access a live webcast of the conference call from the company's website. A recording will be available on the site within two hours of the call's completion. Additionally, a telephonic replay will be accessible from 2:00 p.m. ET on August 29 through September 5, 2024, using specific dial-in numbers for US, Canada, and international callers.

1-800-FLOWERS.COM, Inc. has partnered with USAA Perks® to provide special savings for the military community, offering discounts on a variety of products across their brands. The collaboration aims to show appreciation for military members and their families by offering meaningful ways to connect and celebrate special occasions.

1-800-FLOWERS.COM, Inc. reported fiscal 2024 third quarter results, with revenues of $379.4 million and a net loss of $16.9 million. Gross profit margin improved by 300 basis points to 36.6%, while adjusted EBITDA loss was $5.7 million. The company recognized amongst America's Most Trustworthy Companies and acquired Card Isle, an e-commerce greeting card company. Despite workforce reductions, the company remains optimistic about future growth.

1-800-FLOWERS.COM, Inc. (FLWS) announces the release of its fiscal 2024 third-quarter financial results on May 2, 2024. The Company will conduct a conference call with senior management to discuss the results, which will be available via live webcast and telephonic replay. Investors can access the call details on the Company's website.

Floriology, a leading floral design education authority, announces a significant organizational transformation with the appointment of Angelyn Tipton as the new Director of Education. The company is expanding its program offerings to include more classes in Spanish, introducing innovative updates, and taking education nationwide. The new Floriology Design team features industry-renowned artists to enhance students' design skills.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) reported revenues of $822.1 million and net income of $62.9 million, or $0.97 per share. Adjusted net income was $82.7 million, or $1.27 per share. The gross profit margin improved by 230 basis points to 43.3%, marking the fifth consecutive quarter of year-over-year gross profit margin expansion. The company updated its fiscal 2024 revenue guidance, expecting total revenues to decline in a range of 7% to 9% compared to the prior year.