1-800-FLOWERS.COM, Inc. (FLWS) Raising its Fiscal 2020 Full Year Guidance
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1-800-FLOWERS.COM, Inc. Raising its Fiscal 2020 Full Year Guidance Reflecting Strong Ecommerce Growth Through the First Ten Weeks of its Fiscal Fourth Quarter
June 18, 2020 7:30 AM EDTCompany is experiencing strong ecommerce demand in its Gourmet Foods and Gift Baskets brands and its 1-800-Flowers Consumer Floral business, including a strong Mothers Day holiday period as well as increased demand for every-day gifting occasions.
Total consolidated revenues for Fiscal 2020 are now expected to grow in a range of 16-to-18 percent, compared with the prior year, up from a previous range of 8-to-9 percent.
Adjusted EPS1 for Fiscal 2020 is now expected to grow in a range of 75-to-85 percent, up from a previous range of 15-to-17 percent and Adjusted EBITDA1 is now... More
