1-800-FLOWERS.Com (FLWS) Misses Q4 EPS by 8c
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1-800-FLOWERS.COM, Inc. Reports Revenue Growth of 4.0 Percent To $2.21 Billion for its Fiscal 2022 Full Year
September 1, 2022 6:45 AM EDTFull Year Highlights:
Total Net Revenues increased 4.0 percent to a record $2.21 billion, compared with $2.12 billion in the prior year. Net Income was $29.6 million, or $0.45 per diluted share, compared with Net Income of $118.7 million, or $1.78 per diluted share, in the prior year period. Adjusted Net Income1 was $32.9 million, or $0.50 per diluted share, compared with $122.6 million, or $1.84 per diluted share, in the prior year. Adjusted EBITDA1 was $99.0 million, compared with $213.1 million in the prior year, primarily reflecting significantly higher year-over-year cost increases in labor, shipping, commodities, and digital... More