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1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) is the world's leading florist and gift shop, renowned for delivering smiles with gifts for every occasion for over 38 years. The company's extensive product range includes fresh flowers, plants, gift baskets, gourmet foods, confections, candles, balloons, and plush stuffed animals, all backed by their 100% Smile Guarantee®. Their services cater to both consumers and businesses, making them a prominent figure in the gifting industry.
The company's e-commerce platform comprises a family of well-known brands such as 1-800-Flowers.com, 1-800-Baskets.com, Cheryl's Cookies, Harry & David, PersonalizationMall.com, Shari's Berries, FruitBouquets.com, Moose Munch, The Popcorn Factory, Wolferman's Bakery, Stock Yards, and Simply Chocolate. Through the Celebrations Passport® loyalty program, members enjoy free standard shipping and no service charges across these brands, aiming to foster deeper relationships with customers.
1-800-FLOWERS.COM, Inc. has received notable accolades, including being named one of the 'Best Companies to Work for in New York State' in 2015 and ranking among the top 5 on the National Retail Federation's 2021 Hot 25 Retailers list. The company was also included in the Fortune 1000 list in 2022.
The company operates BloomNet®, an international floral and gift industry service provider, offering a wide range of products and services to help professional florists grow their businesses. Other subsidiaries include Napco℠, a resource for floral gifts and seasonal décor, and DesignPac Gifts, LLC, a manufacturer of gift baskets and towers. Additionally, Alice's Table® offers fully digital livestreaming and on-demand experiences in floral, culinary, and other activities.
1-800-FLOWERS.COM, Inc. has continually expanded its offerings and partnerships. Recently, it launched SmartGift® for Business, an innovative platform enabling companies to manage corporate gifting programs efficiently. This platform includes automation features, customization options, and a wide selection of gifts to enhance business relationships.
The company has also teamed up with USAA Perks® to offer special savings to USAA's 13.5 million members and their families, highlighting its commitment to supporting military members and their families.
Shares of 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market under the ticker symbol FLWS. For more information, visit 1800flowersinc.com or follow @1800FLOWERSInc on X.
1-800-FLOWERS.COM reported a strong performance in Q4 and fiscal 2021. Total net revenues surged 16.5% to $487.0 million in Q4, compared to $418.0 million last year. Net income rose to $13.3 million or $0.20 per diluted share, up from $9.8 million the previous year. For the full year, revenues reached a record $2.12 billion, an increase of 42.5%. Adjusted EBITDA rose 64.5% to $213.1 million. Looking ahead, the company expects 10%-12% revenue growth for fiscal 2022, underpinned by a growing customer base and e-commerce trends.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) will release its fiscal 2021 fourth quarter and full year financial results on August 26, 2021. The announcement will precede a conference call at 8:00 a.m. ET. Attendees will be able to access the call via a live webcast on the company's website, with a replay available afterward. The company emphasizes that forward-looking statements about future performance may involve risks and uncertainties. For a detailed risk assessment, refer to their SEC filings.
Napco has launched an enhanced website and expanded showroom to improve the shopping experience for wholesale customers. The new site, napcoimports.com, provides easy access to product details, VIP access to new products, and trend reports. The showroom features over 850 new Fall and Holiday products. Visitors can explore new collections and educational videos. Dinesh Popat, President of BloomNet, highlighted the enhancements aimed at benefiting customers and boosting sales opportunities in the floral and garden industries.
Harry & David has launched an online gourmet butcher shop named Harry & David Fine Meats, featuring nearly 60 high-quality meat products, including beef, pork, poultry, and seafood. Priced from $44.99 to $199.99, these items are available for two-day express shipping, catering to consumers who enjoy premium ingredients for grilling and entertaining. The initiative aligns with the start of grilling season and aims to enhance online shopping convenience. Customers can also access recipes, how-to guides, and a loyalty program offering free shipping.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has announced virtual presentations by its senior management team at several upcoming investor conferences. The events include the 18th Annual Craig-Hallum Institutional Investor Conference on June 2, the Baird Global Consumer Conference on June 8, the Stifel 2021 Virtual Cross Sector Insight Conference on June 10, the Oppenheimer 20th Annual Consumer Growth and E-Commerce Conference on June 15, and the Jefferies Virtual Consumer Conference on June 22.
The company aims to inspire connection and celebration through its diverse e-commerce platform.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has partnered with GLAAD to celebrate Pride Month by donating 20% of net proceeds from the special Pride Bouquet sales until June 30, 2021. Additionally, the company has contributed $25,000 to GLAAD, promoting LGBTQ+ advocacy. The campaign encourages customers to purchase the bouquet, featuring kaleidoscope roses, with a keepsake pin for supporters. Further details and celebratory products can be found on their dedicated landing page.
Floriology® NOW has partnered with BloomyPro to enhance its online education platform for florists. This collaboration allows designers to utilize BloomyPro's 3D virtual floral design software, featuring over 3,800 flowers and colors. The application aids in training, design visualization, and cost estimation, thus promoting waste reduction and efficiency. Subscribers can access a free trial. Floriology NOW offers over 70 topics with 100+ hours of expert-led courses, aimed at improving floral business skills.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) announced a new stock repurchase authorization from its Board of Directors, increasing the available funds to $40 million. This authorization replenishes a previous $30 million plan, of which approximately $26 million was returned to shareholders over the past two years. CEO Chris McCann stated that the company considers its stock a compelling investment, aiming to enhance shareholder value through this repurchase program.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) reported a remarkable 70.1% increase in total consolidated revenues for Q3 Fiscal 2021, totaling $474.2 million. This growth was driven by an 83.2% rise in e-commerce revenue, bolstered by the acquisition of PersonalizationMall.com. Net income surged to $1.4 million, a significant turnaround from a net loss of $9.7 million in the same period last year. The company anticipates continued momentum, projecting revenue exceeding $2 billion and double-digit growth for the next fiscal year, driven by a growing customer base and strong online demand.
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) will release its fiscal 2021 third-quarter financial results on April 29, 2021, before market opening. The subsequent conference call, featuring senior management, is scheduled for 8:00 a.m. (EDT) and will be accessible via a live webcast. A replay will be available on the company’s website shortly after the call. Forward-looking statements regarding the company's financial outlook will be made, which may involve risks and uncertainties as noted in their SEC filings.
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