1-800-FLOWERS.Com (FLWS) Misses Q3 EPS by 4c

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1-800-FLOWERS.COM, Inc. Reports Results for Its Fiscal 2022 Third Quarter

April 28, 2022 6:45 AM EDT

Total net revenues for the quarter were $469.6 million, down 1.0 percent compared with $474.2 million in the prior year period. Compared with the Companys fiscal 2020 third quarter, prior to the pandemic, revenues were up 68.4 percent. Net loss for the quarter was $23.4 million, or a loss of $0.36 per share compared with net income of $1.4 million, or $0.02 per diluted share, in the prior year period, primarily reflecting significant year-over-year cost increases for inbound and outbound shipping, labor, and digital marketing. Adjusted net loss1 for the quarter was $21.0 million, or a loss of $0.32 per share, compared with... More