1-800-Flowers.com up on smaller-than-expected Q3 loss

1-800-FLOWERS.COM

11/05/2023 14:48

** Shares of online flowers and gifts retailer
1-800-Flowers.com Inc  FLWS.O  up 4.2% at $9.05 
    ** Co reports adjusted net loss of $0.27 per share for Q3,
compared with analysts' expectation for a loss of $0.36 per
share, according to Refinitiv data
    ** Expects fiscal 2023 revenue to fall about 8% from prvs
year
    ** "We are executing on our strategy to invest in and
develop stronger customer relationships, while continuing to
identify operating efficiencies to reduce expenses" - CEO Chris
McCann
    ** YTD, stock has fallen 5.8%

 (Reporting by Raechel Thankam Job)
 ((RaechelThankam.Job@thomsonreuters.com;))