1-800-FLOWERS.Com (NASDAQ: FLWS) reported Q4 EPS of ($0.13), $0.01 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $259.4 million versus the consensus estimate of $255.15 million.

Fourth Quarter Highlights:

• Total revenues increased 12.8 percent to $259.4 million, compared with $229.9 million in the prior year period reflecting strong growth across all three of the Company’s business segments.
• Net loss was $8.3 million, or a loss of $0.13 per share, compared with net loss of $8.2 million, or a loss of $0.13 per share, in the prior year period. Adjusted net loss in the prior year period was $7.6 million, or a loss of $0.12 per share.
• Adjusted EBITDA(1) was a loss of $2.7 million, compared with an Adjusted EBITDA loss of $1.8 million in the prior year period.
  

“As we enter fiscal 2020, the momentum we have achieved in these areas will help us drive strong revenue growth as well as enhanced bottom-line results. In addition, we are excited to kick off the fiscal year with our acquisition of Shari’s Berries, a category-leader that we see as an excellent fit with our all-star family of brands.

“Throughout the year,” McCann added, “we will continue to invest in strategic marketing and merchandising programs across our brands, as well as in innovations that enhance our number one product – customer experience. We also remain intensely focused on growing our customer base and expanding the platform we are building to further our vision to inspire more human expression, connection and celebration together with our mission to deliver smiles.”

Company Guidance

For fiscal 2020, the Company’s guidance reflects its plans to continue to invest in strategic marketing and merchandising programs to take advantage of market conditions and build on the revenue growth momentum it is seeing across all three of its business segments and includes the anticipated contributions related to the acquisition of the Shari’s Berries brand. Based on these factors, the Company is providing guidance for fiscal 2020 as follows:

• Total consolidated revenue growth of 8-to-9 percent, compared with the prior year, including approximately 6-to-7 percent organic revenue growth combined with anticipated contributions from the acquisition of the Shari’s Berries brand;
• Adjusted EBITDA and EPS growth in a range of 8-to-10 percent, and;
• Free Cash Flow for the year of approximately $45 million.

For earnings history and earnings-related data on 1-800-FLOWERS.Com (FLWS) click here.