1-800-Flowers Q1 revenue misses estimates

1-800-FLOWERS.COM

05/11/2026 11:58

Overview
U.S. gifting company's fiscal Q1 revenue fell 11% yr/yr, missing analyst expectations
Adjusted loss per share for fiscal Q1 missed analyst expectations
Adjusted EBITDA loss for fiscal Q1 was lower than expected, beating analyst estimates

Outlook
Company expects fiscal 2027 revenue to decline 2% to 5%
Company forecasts fiscal 2027 adjusted EBITDA of $10 mln to $15 mln
Company outlook reflects impact of divestitures and reinvestment in primary websites

Result Drivers
WEAKNESS IN OTHER WEBSITES - Co said revenue decline was driven by continued weakness across its other websites and B2B operations, partially offset by improving demand trends on primary websites
LOWER SALES VOLUME AND COSTS - Co attributed lower gross margin to decreased sales volume, higher fuel surcharges, and promotional strategy testing, partially offset by cost efficiency initiatives
REDUCED OPERATING EXPENSES - Co said operating expenses fell yr/yr due to lower marketing and labor costs

Company press release: ID:nBw8XJbkya

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$171.40 mln
$196.49 mln (3 Analysts)
Q1 Adjusted Loss Per Share
Miss
$0.78
$0.57 (3 Analysts)
Q1 Adjusted EBITDA
Beat
-$31.90 mln
-$34.45 mln (3 Analysts)
Q1 Gross Margin
 
34.10%
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"
Wall Street's median 12-month price target for 1-800-FLOWERS.COM, Inc. is $4.50, about 59% above its November 4 closing price of $2.83

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Nov 3 - Giftify Q3 net sales rise on higher marketplace activity

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)