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1-800-FLOWERS.COM
1-800-FLOWERS.COM (FLWS) investor relations material
1-800-FLOWERS.COM Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary29 Jan, 2026
Executive summary
Revenue for fiscal Q2 2026 was $702.2 million, down 9.5% year-over-year, reflecting a strategic focus on marketing efficiency and profitability.
Operational performance during the holiday season improved, with better order management and system stability.
Organizational restructuring shifted to a function-based model, reducing costs, realigning workforce, and improving collaboration.
Leadership team was strengthened with a new CIO to drive technology modernization and AI initiatives.
Strategic transformation initiatives focused on cost savings, efficiency, and customer-centric transformation.
Financial highlights
Net revenues for Q2 2026 were $702.2 million, down 9.5% year-over-year; six-month revenues were $917.4 million, down 9.8%.
Gross profit margin for Q2 was 42.1%, down 120 basis points year-over-year; six-month gross margin was 40.6%.
Net income for Q2 was $70.6 million ($1.10 per diluted share), up 9.6% year-over-year; adjusted net income was $76.7 million ($1.20 per share).
Adjusted EBITDA for Q2 was $98.1 million, down from $116.3 million year-over-year; six-month adjusted EBITDA was $65.2 million, down 26.2%.
Free cash flow for the six months was $156.6 million, up from $128.3 million in the prior year.
Outlook and guidance
Revenue for the second half of fiscal 2026 is expected to decline in the low double-digit range year-over-year.
Adjusted EBITDA for the second half is projected to decline slightly, but to increase slightly on a normalized basis excluding $12 million in incentive and consultant costs.
Ongoing cost optimization and organizational streamlining are expected to offset top-line pressure.
Full-year cost savings of $50 million targeted across fiscal 2026 and 2027, with $15 million already achieved.
Management expects available cash balances to be sufficient for operating needs through the remainder of fiscal 2026.
Marketing changes: impact on customer acquisition?
What is the timeline for full $50M cost savings realization?
What is the new physical retail strategy?
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Next 1-800-FLOWERS.COM earnings date
Q3 20267 May, 2026
1-800-FLOWERS.COM
Next 1-800-FLOWERS.COM earnings date
Q3 20267 May, 2026
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Frequently asked questions
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