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1-800-FLOWERS.COM (FLWS) Announces Quarterly Results
Posted by LUSA Staff on Oct 27th, 2011 // No Comments
1-800-FLOWERS.COM (FLWS) announced its quarterly results on Thursday. The company reported ($0.01) earnings per share for the quarter, beating the Thomson Reuters consensus estimate of ($0.09) by $0.08. The company’s quarterly revenue was up 15.2% on a year-over-year basis.
On a related note, analysts at Northcoast Research initiated coverage on shares of 1-800-FLOWERS.COM in a research note to investors on Tuesday. They set a “neutral” rating on the stock. Also, analysts at Zacks Investment Research downgraded shares of 1-800-FLOWERS.COM from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, September 8th.
Shares of 1-800-FLOWERS.COM (FLWS) traded flat at $2.73 during mid-day trading on Thursday. 1-800-FLOWERS.COM (FLWS) has a 52 week low of $1.74 and a 52 week high of $3.84. The stock’s 50-day moving average is $2.45 and its 200-day moving average is $2.79. The company has a market cap of $175.3 million and a price-to-earnings ratio of 30.33.
1-800-FLOWERS.COM, Inc. (1-800-FLOWERS.COM) is florist and gift shop. The Company offers a range of products, including fresh-cut flowers, floral arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candy and wine.The Company operates in three segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service business. The Consumer Floral business includes the operations of the Company’s 1-800-Flowers.com, while the Gourmet Food and Gift Baskets category includes the operations of Fannie May Confections Brands, Cheryl & Co., The Popcorn Factory, The Winetasting Network, Geerlings & Wade and DesignPac and 1-800-Baskets. The BloomNet Wire Service includes the operations of BloomNet, BloomNet Technologies, and Napco. It offers floral, plant, gift baskets, gourmet foods, chocolate and candies, gift products through its co-branded 1-800-FLOWERS.COM (www.1800flowers.com) and 1-800-BASKETS.COM (www.1800baskets.com) Website.
