1-800-FLOWERS.COM (NASDAQ:FLWS) Issues Quarterly Earnings Results

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

1-800-FLOWERS.COM Stock Performance

FLWS stock traded down $0.22 during trading on Friday, hitting $8.90. 381,099 shares of the company’s stock traded hands, compared to its average volume of 273,403. The stock has a market capitalization of $574.05 million, a price-to-earnings ratio of -74.17, a price-to-earnings-growth ratio of 2.17 and a beta of 1.67. 1-800-FLOWERS.COM has a 52 week low of $5.97 and a 52 week high of $11.42. The stock has a fifty day moving average price of $9.80 and a two-hundred day moving average price of $9.58. The company has a quick ratio of 1.12, a current ratio of 1.59 and a debt-to-equity ratio of 0.36.

Insider Activity

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

Analyst Ratings Changes

A number of brokerages have weighed in on FLWS. StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Friday. DA Davidson lowered their price objective on shares of 1-800-FLOWERS.COM from $9.50 to $9.00 and set a “neutral” rating for the company in a research report on Friday.

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.