1-800-FLOWERS.COM (NASDAQ:FLWS) Announces Quarterly Earnings Results, Misses Estimates By $0.37 EPS

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) announced its quarterly earnings results on Thursday. The specialty retailer reported ($0.71) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.37), Zacks reports. 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. The company had revenue of $331.45 million during the quarter, compared to analysts' expectations of $367.85 million. During the same quarter in the prior year, the business earned ($0.28) EPS. The business's revenue for the quarter was down 23.1% compared to the same quarter last year.

1-800-FLOWERS.COM Price Performance

FLWS stock traded down $0.04 during trading on Tuesday, hitting $5.16. The stock had a trading volume of 181,237 shares, compared to its average volume of 450,926. 1-800-FLOWERS.COM has a 1-year low of $3.86 and a 1-year high of $11.10. The stock has a market cap of $327.86 million, a price-to-earnings ratio of -46.86 and a beta of 1.58. The company's 50 day moving average price is $5.65 and its two-hundred day moving average price is $7.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51.

Insider Buying and Selling

In related news, major shareholder Fund 1 Investments, Llc purchased 70,500 shares of the business's stock in a transaction on Wednesday, February 12th. The shares were bought at an average price of $8.12 per share, with a total value of $572,460.00. Following the completion of the purchase, the insider now directly owns 6,384,469 shares in the company, valued at approximately $51,841,888.28. This trade represents a 1.12% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last 90 days, insiders have bought 1,255,598 shares of company stock worth $8,397,267. 51.00% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on FLWS shares. StockNews.com cut 1-800-FLOWERS.COM from a "hold" rating to a "sell" rating in a report on Monday. Noble Financial lowered 1-800-FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a report on Friday. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a research note on Saturday. Finally, DA Davidson reissued a "neutral" rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th.

1-800-FLOWERS.COM Company Profile

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.