1-800-FLOWERS.COM, Inc. Reports Record Revenue and Profit Growth for Its Fiscal 2020 Fourth Quarter and Full Year; Company Expects Continued Strong Results in Its Current Fiscal 2021 First Quarter

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Go back to 1-800-FLOWERS.COM, Inc. Reports Record Revenue and Profit Growth for Its Fiscal 2020 Fourth Quarter and Full Year; Company Expects Continued Strong Results in Its Current Fiscal 2021 First Quarter

1-800-FLOWERS.Com (FLWS) Tops Q4 EPS by 5c, Revenues Beat

August 27, 2020 6:32 AM EDT

1-800-FLOWERS.Com (NASDAQ: FLWS) reported Q4 EPS of $0.23, $0.05 better than the analyst estimate of $0.18. Revenue for the quarter came in at $418 million versus the consensus estimate of $379.53 million.

Fourth Quarter Highlights:

Total net revenues increased a record 61.1 percent to $418.0 million, compared with $259.4 million in the prior year periodNet Income was $9.8 million, or $0.15 per diluted share. Adjusted Net Income1 was $15.1 million, or $0.23 per diluted share, compared with a net loss of $8.3 million, or ($0.13) per share, in the prior year period.Adjusted EBITDA1 was $32.5 million, compared... More