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1 800 Flowers Com Inc (FLWS) SEC Filing 10-Q Quarterly Report for the period ending Sunday, September 26, 2021

1 800 Flowers Com Inc

CIK: 1084869 Ticker: FLWS
Exhibit 99.1

1-800-FLOWERS.COM, Inc. Reports 9.0 Percent Revenue Growth for Its Fiscal 2022 First Quarter

  • Total net revenues increased 9.0 percent to $309.4 million, compared with $283.8 million in the prior year period. This revenue growth was on top of the 51.5 percent revenue growth reported in the Company’s year-ago first quarter.
  • Net loss for the quarter was $13.2 million, or ($0.20) per share. Adjusted net loss1 was $12.9 million, or ($0.20) per share, compared with a net loss of $9.8 million, or ($0.15) per share, and adjusted net loss of $6.5 million, or ($0.10) per share, in the prior year period.
  • Adjusted EBITDA1 loss for the quarter was $5.3 million, compared with adjusted EBITDA of $3.2 million in the prior year period.
  • Company reaffirms its full-year guidance including revenue growth of 10.0 percent-to-12.0 percent and adjusted EBITDA growth of 5.0 percent-to-8.0 percent.

(1 Refer to “Definitions of Non-GAAP Financial Measures” and the tables attached at the end of this press release for reconciliation of non-GAAP results to applicable GAAP results.)  

JERICHO, N.Y.--(BUSINESS WIRE)--October 28, 2021--1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading e-commerce provider of products and services designed to inspire more human expression, connection, and celebration, today reported results for its fiscal 2022 first quarter ended September 26, 2021.

Chris McCann, CEO of 1-800-FLOWERS.COM, Inc., said “We are very pleased to report strong revenue growth for what was one of our most challenging year-over-year comparisons. Importantly, our 9.0 percent revenue growth for the quarter was on top of the 51.5 percent revenue growth we reported in the first quarter last year. This illustrates the strong growth momentum that we have been building over the past several years. As we had anticipated, the first quarter this year started out somewhat slowly with demand gradually ramping up resulting in double-digit revenue growth for the month of September.”


The following information was filed by 1 800 Flowers Com Inc (FLWS) on Thursday, October 28, 2021 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 1 800 Flowers Com Inc's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Condensed Consolidated Balance Sheets (Current Period Unaudited)
Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals)
Condensed Consolidated Statements Of Cash Flows (Unaudited)
Condensed Consolidated Statements Of Operations And Comprehensive Income (Loss) (Unaudited)
Condensed Consolidated Statements Of Stockholders' Equity (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 (Details Textual)
Note 12 - Business Segments (Tables)
Note 12 - Business Segments - Disaggregation Of Revenue From Contracts With Customers (Details)
Note 12 - Business Segments - Segment Performance (Details)
Note 13 - Leases
Note 13 - Leases (Tables)
Note 13 - Leases - Lease Costs (Details)
Note 13 - Leases - Maturities Of Lease Liabilities (Details)
Note 14 - Commitments And Contingencies
Note 14 - Commitments And Contingencies (Details Textual)
Note 15 - Subsequent Event
Note 15 - Subsequent Event (Details Textual)
Note 2 - Net Income (Loss) Per Common Share
Note 2 - Net Income (Loss) Per Common Share (Details Textual)
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 - Acquisition - Pro Forma Information (Details)
Note 4 - Acquisitions
Note 4 - Acquisitions (Details Textual)
Note 4 - Acquisitions (Tables)
Note 4 - Acquisitions - Preliminary Allocation Of The Purchase Price To The Estimated Fair Values Of Assets Acquired And Liabilities Assumed (Details)
Note 5 - Inventory, Net
Note 5 - Inventory, Net (Tables)
Note 5 - Inventory, Net - Summary Of Inventory (Details)
Note 6 - Goodwill And Intangible Assets, Net
Note 6 - Goodwill And Intangible Assets, Net (Details Textual)
Note 6 - Goodwill And Intangible Assets, Net (Tables)
Note 6 - Goodwill And Intangible Assets, Net - Goodwill By Segment (Details)
Note 6 - Goodwill And Intangible Assets, Net - Other Intangible Assets (Details)
Note 7 - Investments
Note 7 - Investments (Details Textual)
Note 8 - Debt, Net
Note 8 - Debt, Net (Details Textual)
Note 8 - Debt, Net (Tables)
Note 8 - Debt, Net - 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: 0001437749-21-025463
Submitted to the SEC: Fri Nov 05 2021 12:36:22 PM EST
Accepted by the SEC: Fri Nov 05 2021
Period: Sunday, September 26, 2021
Industry: Retail Stores

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