1-800-FLOWERS.Com (FLWS) Tops Q4 EPS by 5c, Revenues Beat
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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
August 27, 2020 6:30 AM EDTFourth Quarter Highlights:
Total net revenues increased a record 61.1 percent to $418.0 million, compared with $259.4 million in the prior year period Net 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 with a loss of $2.7 million, in the prior year period.Full Year Highlights:
Total net revenues increased 19.3 percent to $1.49 billion, compared... More