1-800-FLOWERS.COM (NASDAQ:FLWS) Announces Earnings Results, Misses Estimates By $0.04 EPS

1-800-FLOWERS.COM (NASDAQ:FLWS) announced its quarterly earnings data 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 firm had revenue of $379.40 million for the quarter, compared to analysts’ expectations of $383.73 million. 1-800-FLOWERS.COM had a positive return on equity of 3.29% and a negative net margin of 0.42%. The firm’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.27) EPS.

1-800-FLOWERS.COM Price Performance

Shares of FLWS traded down $0.22 during trading hours on Friday, reaching $8.90. The company had a trading volume of 381,099 shares, compared to its average volume of 273,403. The company has a market capitalization of $574.05 million, a price-to-earnings ratio of -74.17, a PEG ratio of 2.17 and a beta of 1.67. 1-800-FLOWERS.COM has a 12-month low of $5.97 and a 12-month high of $11.42. The firm has a 50 day simple moving average of $9.80 and a 200-day simple moving average of $9.58. The company has a current ratio of 1.59, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36.

Analyst Upgrades and Downgrades

FLWS has been the subject of a number of recent analyst reports. DA Davidson reduced 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. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Friday.

Insiders Place Their Bets

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 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 of the company’s stock, valued at $677,927.48. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 49.77% of the stock is currently owned by company insiders.

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.