1-800-FLOWERS.COM (NASDAQ:FLWS) Posts Earnings Results

1-800-FLOWERS.COM (NASDAQ:FLWS) issued its quarterly earnings results on Thursday. The specialty retailer reported ($0.51) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.02, Briefing.com reports. 1-800-FLOWERS.COM had a negative net margin of 0.33% and a positive return on equity of 2.45%. The company had revenue of $193.20 million during the quarter, compared to analyst estimates of $246.88 million. During the same period in the prior year, the business posted ($0.48) EPS. The business’s revenue for the quarter was down 28.2% compared to the same quarter last year.

1-800-FLOWERS.COM Price Performance

Shares of NASDAQ FLWS traded down $0.06 during trading on Friday, hitting $8.26. The company had a trading volume of 670,053 shares, compared to its average volume of 313,107. 1-800-FLOWERS.COM has a 52 week low of $7.14 and a 52 week high of $11.42. The business’s 50-day moving average is $7.97 and its 200 day moving average is $8.94. The company has a market cap of $530.46 million, a P/E ratio of -91.78, a PEG ratio of 3.05 and a beta of 1.62. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.92 and a current ratio of 1.69.

Wall Street Analysts Forecast Growth

Separately, DA Davidson increased their price target on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research note on Thursday.

About 1-800-FLOWERS.COM

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.