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

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has launched a new birthday gifting hub to enhance customer celebrations during the ongoing demand for virtual events. The hub offers a birthday gift guide with trending products, including floral bouquets, gift baskets, and gourmet treats. A special BIRTHYAY! gift collection supports the differently abled community by donating 20% of net proceeds to Smile Farms. The initiative aims to provide creative gifting solutions while facilitating social connections through blog resources and loyalty programs that offer free shipping.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) reported record financial results for its Fiscal 2021 second quarter, ending December 27, 2020. Total consolidated revenues surged 44.8% to $877.3 million, driven by a 59.7% ecommerce growth, including contributions from PersonalizationMall.com. Net income rose 53.3% to $113.7 million, or $1.71 per diluted share. The company anticipates continued strong growth, projecting a 45-50% revenue increase for the third fiscal quarter. Investments in brands and technology have strengthened its ecommerce platform, enhancing shareholder returns.

1-800-Flowers.com has introduced a variety of innovative products and services for Valentine's Day, including unique floral arrangements and gift packages. The company plans to deliver approximately 22 million stems, including 14 million roses. The offerings include artisan bouquets, preserved roses, and collaborations with designer Jason Wu. They are also providing multi-day delivery options, a floral subscription service, and themed online resources. Customers can enjoy discounts for early orders and free shipping for Celebrations Passport members. The brand aims to enhance the gifting experience during this special holiday.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) will release its fiscal 2021 second quarter financial results, ending December 26, 2020, on January 28, 2021. The press release will precede an 8:00 a.m. ET conference call, accessible via live webcast on the Company’s website. A recording will be available shortly after the call, with telephonic replay options provided. A reminder that forward-looking statements regarding the results may include risks that could affect actual outcomes, as detailed in SEC filings. The company is a leading gift provider, aiming to enhance customer connections.

BloomNet collaborates with Card Isle to enhance its retail members' offerings by introducing a customizable greeting card program. This initiative responds to consumer preferences, with 82% of Americans favoring printed cards over digital alternatives. The program enables members to create personalized greeting cards at no upfront cost, integrating seamlessly with BloomNet Commerce Websites. The initiative aims to boost revenue for florists, attract new customers, and strengthen relationships with existing ones. The personalized cards were notably successful during the 2020 holiday season.

1-800-FLOWERS.COM (FLWS) reported a 51.5% increase in total revenues to $283.8 million for Q1 Fiscal 2021, driven by strong growth across all business segments and the acquisition of PersonalizationMall.com. Excluding PMall, revenues rose 40.6%. Despite a net loss of $9.8 million ($0.15 per share), Adjusted EBITDA improved substantially to $3.2 million from a loss in the previous year. The company anticipates Q2 revenue growth of 22-26% and expects continued strong e-commerce demand, although it acknowledges challenges related to the COVID-19 pandemic.

On October 28, 2020, 1-800-FLOWERS.COM (NASDAQ: FLWS) announced the launch of a new corporate gifting website aimed at enhancing business customer engagement. The platform consolidates offerings from the company's various brands, including Harry & David and Cheryl's Cookies. It features self-service options, a wide range of customizable gifts, and innovative services like SmartGift for remote employees. This initiative is designed to help businesses strengthen relationships with employees and clients in a remote work environment.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) has launched a nationwide holiday campaign titled "Season of Sharing" to benefit No Kid Hungry. From now until December 24, 20% of the net proceeds from a specially curated holiday gift collection will be donated to help feed children in need. For every dollar donated, No Kid Hungry can provide up to 10 meals. The collection includes 24 unique gifts, and a minimum commitment of $50,000 is pledged from the company. Customers can also join the Celebrations Passport loyalty program for added savings.

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS) will announce its fiscal 2021 first-quarter financial results on October 29, 2020. The results will cover the period ending September 27, 2020, and will be released prior to market opening. A conference call with senior management is scheduled for 8:00 a.m. ET, with a live webcast available on their Investor Relations website. A telephonic replay will be accessible starting at 2:00 p.m. ET on the same day until November 6, 2020.