1-800 FLOWERS.COM Reports Q1 Earnings Miss on Lower Revenue and Net Loss
1-800 FLOWERS.COM (FLWS) reported first-quarter financial results that fell short of market expectations. The company posted a Non-GAAP earnings per share (EPS) of -$0.78, missing estimates by $0.21. Revenue for the quarter reached $171.4 million, representing a significant 20.4% decline year-over-year and falling $25.09 million below analyst projections. The company reported a net loss from continuing operations of $50.6 million, or $0.79 per diluted share. This downward trend in both top-line revenue and bottom-line profitability highlights significant headwinds for the specialty retailer during this period.
Tickers: $FLWS
Topics: earnings miss net loss revenue decline
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