1-800-FLOWERS.Com (FLWS) Tops Q2 EPS by 33c, Offers Q3 Guidance
1-800-FLOWERS.Com (NASDAQ: FLWS) reported Q2 EPS of $1.71, $0.33 better than the analyst estimate of $1.38. Revenue for the quarter came in at $877.3 million versus the consensus estimate of $755.25 million.
GUIDANCE:
1-800-FLOWERS.Com sees Q3 2021 EPS of ($0.09)-($0.11), versus the consensus of ($0.08).
- Based on the continued strong ecommerce growth momentum that has carried into January, the Company expects to achieve total consolidated revenue growth for its third fiscal quarter, including contributions from PMall, in a range of 45-to-50 percent, compared with the prior year period.
- The Company anticipates that the strong revenue growth will help offset certain headwinds, including the Sunday placement of the key Valentine’s Day holiday, increased year-over-year labor and transportation costs and operating inefficiencies related to the COVID-19 pandemic.
- As a result, the Company anticipates achieving Adjusted EBITDA of between $4.0-and-$5.0 million compared with an Adjusted EBITDA loss of $2.4 million in the prior year period, and;
- an EPS loss of between $0.09-and-$0.11 compared with an EPS loss of $0.15 in the prior year period.
For earnings history and earnings-related data on 1-800-FLOWERS.Com (FLWS) click here.
