1-800-FLOWERS.COM Full Year 2024 Earnings: EPS Misses Expectations

1-800-FLOWERS.COM (NASDAQ:FLWS) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.83b (down 9.2% from FY 2023).
• Net loss: US$6.11m (loss narrowed by 86% from FY 2023).
• US$0.095 loss per share (improved from US$0.69 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

1-800-FLOWERS.COM EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 140%.

The primary driver behind last 12 months revenue was the Gourmet Food & Gift Baskets segment contributing a total revenue of US$874.3m (48% of total revenue). Notably, cost of sales worth US$1.10b amounted to 60% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to US$485.0m (65% of total expenses). Explore how FLWS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 4.8% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are down 10% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of 1-800-FLOWERS.COM's balance sheet and an in-depth analysis of the company's financial position.

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