Brief: 1-800-Flowers.Com Inc Reports Fiscal 2023 Fourth Quarter And Year-End Results

1-800-FLOWERS.COM

31/08/2023 11:49

Aug 31 (Reuters) - 1-800-Flowers.Com Inc  FLWS.O :
    * 1-800-FLOWERS.COM, INC. REPORTS FISCAL 2023 FOURTH QUARTER
AND
YEAR-END RESULTS
    * 1-800-FLOWERS.COM INC - FOR FISCAL 2024, COMPANY EXPECTS
REVENUES TO REMAIN PRESSURED BY A CHALLENGING CONSUMER
ENVIRONMENT EARLY IN YEAR
    * 1-800-FLOWERS.COM INC - SEES 2024 TOTAL REVENUES ON A
PERCENTAGE
BASIS TO DECLINE IN MID-SINGLE DIGITS, AS COMPARED WITH PRIOR
YEAR
    * 1-800-FLOWERS.COM INC - SEES 2024 ADJUSTED EBITDA TO BE IN
A
RANGE OF $95 MILLION TO $100 MILLION
    * 1-800-FLOWERS.COM INC -  FOR FISCAL 2024, COMPANY EXPECTS
REVENUES TO REBOUND DURING HOLIDAY PERIOD AND INTO SECOND HALF
OF FISCAL YEAR
    * 1-800-FLOWERS.COM INC - ALSO EXPECTS CONTINUED IMPROVEMENT
IN
GROSS MARGIN FOR 2024
    * 1-800-FLOWERS.COM INC - QTRLY DILUTED NET LOSS PER COMMON
SHARE
$0.35
    * 1-800-FLOWERS.COM INC - QTRLY ADJUSTED LOSS PER SHARE
$0.28

Source text for Eikon:  ID:nBw7qvKy2a 
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