Thursday, 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) reported fourth-quarter 2024 earnings below the expectations.
1-800-Flowers.com, a floral and food gift retailer and distributor, reported a fourth-quarter adjusted EPS loss of 34 cents, missing the consensus estimate of 27 cents loss.
The company reported sales of $360.9 million, down 9% year over year, missing the consensus of $374.4 million.
Also Read: 1-800-Flowers Analyst Warns Bloomberg Debit Card Data Shows Unfavorable Trends.
"In a dynamic consumer environment that impacted discretionary consumer spending, especially amongst lower-income households, our organization was able to grow year-over-year adjusted EBITDA, which benefitted from our significant gross margin recovery and our expense optimization efforts that more ...
