1-800-FLOWERS.COM (NASDAQ:FLWS) Posts Quarterly Earnings Results, Misses Expectations By $0.04 EPS

1-800-FLOWERS.COM (NASDAQ:FLWS) posted its quarterly earnings data on Thursday. The specialty retailer reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.04), Briefing.com reports. The business had revenue of $379.40 million during the quarter, compared to analysts’ expectations of $383.73 million. 1-800-FLOWERS.COM had a negative net margin of 3.24% and a positive return on equity of 3.32%. The company’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.27) EPS.

1-800-FLOWERS.COM Stock Down 2.4 %

Shares of NASDAQ:FLWS traded down $0.22 on Friday, hitting $8.90. 381,089 shares of the company’s stock were exchanged, compared to its average volume of 380,948. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.12 and a current ratio of 1.59. 1-800-FLOWERS.COM has a 1-year low of $5.97 and a 1-year high of $11.42. The company has a market capitalization of $574.02 million, a PE ratio of -9.27, a P/E/G ratio of 2.16 and a beta of 1.67. The firm’s 50-day moving average is $9.82 and its 200 day moving average is $9.57.

Insider Buying and Selling

In related news, insider Arnold P. Leap sold 3,000 shares of 1-800-FLOWERS.COM stock in a transaction on Friday, February 9th. The shares were sold at an average price of $9.32, for a total transaction of $27,960.00. Following the sale, 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 Securities & Exchange Commission, which is available through this hyperlink. 49.77% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

FLWS has been the topic of several analyst reports. DA Davidson reduced their price objective on 1-800-FLOWERS.COM from $9.50 to $9.00 and set a “neutral” rating on the stock in a research note on Friday. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note 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.