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1 800 Flowers Com Inc (FLWS) SEC Filing 10-Q Quarterly report for the period ending Sunday, April 2, 2017

1 800 Flowers Com Inc

CIK: 1084869 Ticker: FLWS

Exhibit 99.1

1-800-FLOWERS.COM, Inc. Reports Results for Its Fiscal 2017 Third Quarter

  • Total revenues were $233.7 million compared with $234.2 million in the prior year period. Strong growth of 10.2 percent and 7.0 percent in the Company’s Consumer Floral and BloomNet segments, respectively, was offset by lower year-over-year revenues in its Gourmet Food and Gift Baskets segment due primarily to the shift of the Easter holiday into the Company’s fiscal fourth quarter.
  • EBITDA, excluding stock-based compensation expense, was a loss of $6.5 million, compared with a loss of $4.0 million in the prior year period, primarily reflecting the impact of the Easter holiday shift.
  • GAAP EPS loss for the quarter was $0.17, compared with a GAAP EPS loss of $0.14 per share in the prior year period, also primarily reflecting the impact of the Easter holiday shift.

CARLE PLACE, N.Y.--(BUSINESS WIRE)--May 2, 2017--1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS), the leading gourmet food and floral gift provider for all occasions, today reported results for its Fiscal 2017 third quarter ended April 2, 2017.

Chris McCann, CEO of 1-800-FLOWERS.COM, Inc., said, “During the fiscal third quarter, we achieved strong performance in our Consumer Floral and BloomNet segments. Revenues for the 1-800-Flowers.com brand increased more than 10 percent and contribution margin increased more than 15 percent. BloomNet also achieved solid revenue growth, up 7 percent for the period, along with 6 percent growth in its bottom-line contribution. These results illustrate the leverage in our business model as well as our focus on efficient marketing and merchandising programs combined with truly original product offerings.”

McCann said that both the Consumer Floral and BloomNet segments benefited from the shift of the Valentine holiday to a Tuesday day placement this year. “In our floral businesses, we more than offset the impact of the Easter shift by continuing to drive strong growth in our everyday gifting business and maximizing the benefit of the weekday placement for the Valentine holiday. However, the later Easter date this year moved significant revenues out of the third quarter in our Gourmet Food and Gift Baskets segment. Combined with the timing of some Harry & David revenues, this impacted both top and bottom line results for the quarter.”


The following information was filed by 1 800 Flowers Com Inc (FLWS) on Tuesday, May 2, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside this 10-Q Quarterly Report

Document And Entity Information
Note 13 - Commitments And Contingencies
Condensed Consolidated Balance Sheets (current Period Unaudited)
Condensed Consolidated Statements Of Comprehensive Income (unaudited)
Condensed Consolidated Statements Of Income (unaudited)
Consolidated Statements Of Cash Flows (unaudited)
Note 1 - Accounting Policies
Note 1 - Accounting Policies (details Textual)
Note 10 - Fair Value Measurements
Note 10 - Fair Value Measurements (tables)
Note 10 - Fair Value Measurements - Assets And Liabilities Measured At Fair Value (details)
Note 11 - Income Taxes
Note 11 - Income Taxes (details Textual)
Note 12 - Business Segments
Note 12 - Business Segments (tables)
Note 12 - Business Segments - Segment Performance (details)
Note 14 - Fire At The Fannie May Warehouse And Distribution Facility
Note 14 - Fire At The Fannie May Warehouse And Distribution Facility (details Textual)
Note 14 - Fire At The Fannie May Warehouse And Distribution Facility (tables)
Note 14 - Fire At The Fannie May Warehouse And Distribution Facility - Costs Related To The Fire And The Insurance Recovery (details)
Note 2 - Net Income Per Common Share
Note 2 - Net Income Per Common Share (details Textual)
Note 2 - Net Income Per Common Share (tables)
Note 2 - Net Income Per Common Share - Computation Of Basic And Diluted Net Income Per Common Share (details)
Note 3 - Stock-based Compensation
Note 3 - Stock-based Compensation (details Textual)
Note 3 - Stock-based Compensation (tables)
Note 3 - Stock-based Compensation - Allocation Of Stock-based Compensation To Operating Expenses (details)
Note 3 - Stock-based Compensation - Non-vested Restricted Stock Activity (details)
Note 3 - Stock-based Compensation - Stock Option Activity (details)
Note 3 - Stock-based Compensation - Stock-based Compensation Expense Recognized (details)
Note 4 - Dispositions
Note 4 - Dispositions (details Textual)
Note 4 - Dispositions (tables)
Note 4 - Dispositions - Held For Sale Assets And Liabilities Of Fannie May (details)
Note 5 - Inventory
Note 5 - Inventory (tables)
Note 5 - Inventory - Summary Of Inventory (details)
Note 6 - Goodwill And Intangible Assets
Note 6 - Goodwill And Intangible Assets (details Textual)
Note 6 - Goodwill And Intangible Assets (tables)
Note 6 - Goodwill And Intangible Assets - Goodwill By Segment (details)
Note 6 - Goodwill And Intangible Assets - Other Intangible Assets (details)
Note 7 - Investments
Note 7 - Investments (details Textual)
Note 8 - Debt
Note 8 - Debt (details Textual)
Note 8 - Debt (tables)
Note 8 - Debt - Summary Of Current And Long-term Debt (details)
Note 9 - Property, Plant And Equipment
Note 9 - Property, Plant And Equipment (tables)
Note 9 - Property, Plant And Equipment - Summary Of Property, Plant And Equipment (details)
Significant Accounting Policies (policies)

Material Contracts, Statements, Certifications & more

1 800 Flowers Com Inc provided additional information to their SEC Filing as exhibits

Ticker: FLWS
CIK: 1084869
Form Type: 10-Q Quarterly Report
Accession Number: 0001437749-17-008869
Submitted to the SEC: Fri May 12 2017 11:57:17 AM EST
Accepted by the SEC: Fri May 12 2017
Period: Sunday, April 2, 2017
Industry: Retail Stores

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