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

1-800-FLOWERS.COM (NASDAQ: FLWS) is set to hire over 10,000 seasonal associates for its gourmet foods and gifting brands to meet heightened online demand for the upcoming holiday season. The hiring process is currently in progress across the U.S., primarily in Illinois, Ohio, and Oregon, offering various roles including production, gift assembly, and remote positions. Seasonal hires can transition to permanent roles post-holiday. The company emphasizes competitive wages, flexible scheduling, and a commitment to an inclusive work environment.

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.