1-800-FLOWERS.Com (FLWS) Tops Q1 EPS by 3c

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Go back to 1-800-FLOWERS.Com (FLWS) Tops Q1 EPS by 3c

1-800-FLOWERS.COM, Inc. Reports Strong Revenue and Earnings Growth for Its Fiscal 2021 First Quarter

October 29, 2020 6:30 AM EDT

Total net revenues increased 51.5 percent to $283.8 million compared with the prior year period, driven by strong ecommerce growth of 85.1 percent. Net loss for the quarter was $9.8 million, or ($0.15) per share. Adjusted Net Loss1 was $6.5 million, or ($0.10) per share, compared with a net loss of $15.3 million, or ($0.24) per share in the prior year period. Adjusted EBITDA1 for the quarter improved $14.5 million to 3.2 million compared with a loss of $11.3 million in the prior year period.

(1 Refer to Definitions of Non-GAAP Financial... More