1-800-Flowers (FLWS) Misses Q3 EPS by 1c
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Revenue Growth %: -2.0%
Financial Fact:
Technology and development: 9.49M
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1-800-Flowers (NASDAQ: FLWS) reported Q3 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $179.6 million versus the consensus estimate of $184.82 million.
Company Guidance:
The Company said that, based on its results through the first nine months of the fiscal year and including the aforementioned impact of severe weather in January and February that culminated with the winter storms on the Valentine holiday, it expects to achieve revenue growth across all three of its business segments for the year with consolidated revenue growth for the year in the low-to-mid-single-digit range. Regarding bottom-line results, the Company anticipates EBITDA and EPS for the year will be flat to down slightly compared with the prior year. Free Cash Flow for the year is now expected to be in a range of approximately $10-to-$15 million.
For earnings history and earnings-related data on 1-800-Flowers (FLWS) click here.
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