1 800 Flowers Com Inc (FLWS) SEC Filing 10-K Annual report for the fiscal year ending Sunday, July 3, 2011

Exhibit 99.1

1-800-FLOWERS.COM, Inc. Reports Financial Results From Continuing Operations for its Fiscal 2011 Fourth Quarter and Full Year

• Revenues grew 13.1 percent in the fiscal fourth quarter to $187.1 million and 3.3 percent for the full year to $689.8 million, compared with $165.4 million and $667.7 million in the respective prior year periods.
• Consumer Floral revenues increased 5.5 percent in the fiscal fourth quarter to $123.7 million and approximately 1 percent for the full year to $369.2 million, compared with $117.3 million and $366.5 million in the respective prior year periods.
• EBITDA* increased $3.7 million to $5.6 million in the fiscal fourth quarter and $9.3 million to $34.1 million for the full year, compared with EBITDA of $1.9 million and $24.8 million in the respective prior year periods. Compared with Adjusted EBITDA in the respective prior year periods, EBITDA increased $0.7 million in the fiscal fourth quarter and $5.5 million for the full year. (*Earnings Before Interest, Taxes, Depreciation and Amortization. A reconciliation of Net Income to EBITDA and Adjusted EBITDA is included as part of the tables attached to the end of this release.)
• EPS improved to break even per share in the fiscal fourth quarter compared with a loss of $0.05 per share in the prior year period while full year EPS increased to $0.09 per share compared with a loss of $0.03 in the prior year period.

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.