1-800-Flowers.com Reports Wider Q4 Loss, Issues Weak Fiscal 2027 Profit Forecast
1-800-Flowers.com (NASDAQ:FLWS) reported a wider-than-expected loss for its fiscal fourth quarter and issued a weak profit forecast for fiscal 2027. The company's quarterly revenue fell to $293.1 million, missing estimates of $294 million and declining by 12.9% year-over-year. Adjusted EBITDA was at a loss of $31 million versus expectations for a $30.3 million loss. For fiscal 2027, the company guided to adjusted EBITDA between $10 million and $15 million—well below analyst forecasts of $27.7 million—and expects mid-single-digit revenue declines. The Consumer Floral & Gifts segment saw net revenue fall by 13.4%, while Gourmet Foods & Gift Baskets dropped 15.4%. BloomNet was the only growing segment, with a 1.9% increase in revenue. The company is evaluating options such as asset sales and capital raising to optimize its financial structure and fund transformation efforts.
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