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Exhibit 99.1
1-800-FLOWERS.COM, Inc. Reports Financial Results From Continuing Operations for its Fiscal 2011 Fourth Quarter and Full Year
CARLE PLACE, N.Y.--(BUSINESS WIRE)--August 30, 2011--1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), the world’s leading florist and gift shop, today reported results for its fiscal 2011 fourth quarter and full year*. Total revenue from continuing operations increased 13.1 percent in the fiscal fourth quarter to $187.1 million compared with $165.4 million in the prior year period. For the full year, total revenue from continuing operations increased 3.3 percent to $689.8 compared with total revenue of $667.7 million in fiscal year 2010. The revenue growth for both the quarter and year were driven by renewed growth in the Company’s Consumer Floral category as well as continued strong growth in its BloomNet wire service and Gourmet Food and Gift Baskets categories.
(*Results for fiscal 2011 full year include 53 weeks compared with 52 weeks in fiscal 2010; fiscal 2011 fourth quarter results include 14 weeks compared with 13 weeks as well as the benefit of the shift of the Easter holiday to later in the quarter, compared with the prior year period.)Please wait while we load the requested 10-K report or click the link below:
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Ticker: FLWS
CIK: 1084869
Form Type: 10-K Annual Report
Accession Number: 0001140361-11-046233
Submitted to the SEC: Fri Sep 16 2011 5:18:05 PM EST
Accepted by the SEC: Fri Sep 16 2011
Period: Sunday, July 3, 2011
Industry: Retail Stores