1-800-FLOWERS.COM (NASDAQ:FLWS) Releases Earnings Results, Misses Estimates By $0.04 EPS

1-800-FLOWERS.COM (NASDAQ:FLWS) issued its earnings results on Thursday. The specialty retailer reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.04), Briefing.com reports. The firm had revenue of $379.40 million during the quarter, compared to the consensus estimate of $383.73 million. 1-800-FLOWERS.COM had a positive return on equity of 3.29% and a negative net margin of 0.42%. The company’s quarterly revenue was down 9.1% on a year-over-year basis. During the same period in the prior year, the company posted ($0.27) EPS.

1-800-FLOWERS.COM Price Performance

FLWS stock traded down $0.22 during mid-day trading on Friday, hitting $8.90. The company had a trading volume of 381,099 shares, compared to its average volume of 273,403. The company has a 50-day moving average price of $9.80 and a 200 day moving average price of $9.58. 1-800-FLOWERS.COM has a 12-month low of $5.97 and a 12-month high of $11.42. The company has a market capitalization of $574.05 million, a price-to-earnings ratio of -74.17, a P/E/G ratio of 2.17 and a beta of 1.67. The company has a quick ratio of 1.12, a current ratio of 1.59 and a debt-to-equity ratio of 0.36.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on FLWS. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Friday. DA Davidson lowered their price target on 1-800-FLOWERS.COM from $9.50 to $9.00 and set a “neutral” rating on the stock in a report on Friday.

Insider Activity

In related news, insider Arnold P. Leap sold 3,000 shares of the business’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $9.32, for a total value of $27,960.00. Following the sale, the insider now directly owns 72,739 shares in the company, valued at $677,927.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 49.77% of the company’s stock.

1-800-FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.