1-800-FLOWERS.Com (FLWS) Tops Q1 EPS by 4c
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1-800-FLOWERS.COM, Inc. Reports Strong Results for Its Fiscal 2016 First Quarter, Including Improved Adjusted EBITDA and Adjusted EPS, on a Comparable Basis
November 3, 2015 7:30 AM ESTTotal revenues from continuing operations grew 23.2 percent to $156.0 million, primarily reflecting contributions from the Companys Harry & David business. Gross margin increased 120 basis points to 43.3 percent, compared with 42.1 in the prior year period. Comparable Adjusted EBITDA1, excluding stock-based compensation expense, improved 16.9 per cent, or $2.4 million to a loss of $12.0 million, compared with a pro forma loss of $14.4 million in the prior year period. EPS loss for the quarter was $0.07 compared with a loss of $0.07 per... More
