1-800-FLOWERS.Com (FLWS) Tops Q3 EPS by 3c, Reaffirms Growth Guidance
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1-800-FLOWERS.COM, Inc. Reports Strong Revenue Growth for its Fiscal 2020 Third Quarter; Reaffirms Guidance for Strong Top and Bottom-Line Growth for the Full Fiscal 2020 Year
April 30, 2020 6:30 AM EDTTotal net revenues increased 12.2 percent to $278.8 million compared with $248.4 million in the prior year period. Net loss was $9.7 million, or a loss of $0.15 per share. Excluding transaction costs, adjusted net loss1 was $9.0 million, or a loss of $0.14 per share, compared with a net loss of $8.2 million, or a loss of $0.13 per share in the prior year period. Adjusted EBITDA1 was a loss of $2.4 million, compared with a loss of $4.4 million in the prior year period.
(1 Refer to Definitions of Non-GAAP Financial Measures and the tables attached at the end of... More
