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1-800-FLOWERS.COM (FLWS) investor relations material
1-800-FLOWERS.COM Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 FY27 continuing-operations revenue fell 11.1% YoY to $171.4M; net loss was $50.6M and Adjusted EBITDA loss was $31.9M.
Primary-site demand improved sequentially, while other websites and B2B operations remained weak.
Priorities include improving primary websites, focusing on profitable growth, simplifying the portfolio, and reducing operating costs.
Financial highlights
Revenue was $171.4M versus $192.7M YoY; gross profit was $58.5M versus $68.1M, and operating loss was $46.5M versus $47.2M.
Gross margin declined 120 bps to 34.1%, pressured by lower volume, fuel surcharges, and promotional testing, partly offset by cost-efficiency savings.
Adjusted operating expenses, excluding non-recurring charges and deferred-compensation plan impacts, fell $10.6M to $102.3M.
Continuing-operations net loss was $50.6M versus $49.0M; Adjusted EBITDA loss was $31.9M versus $31.7M.
Continuing-operations free cash flow was negative $129.8M versus negative $136.5M; net cash used in operating activities was $126.1M.
Outlook and guidance
FY27 guidance calls for revenue to decline 2%–5% and Adjusted EBITDA of $10M–$15M, reflecting divestitures and underlying-business expectations.
Management is cautiously optimistic that primary-site demand improvement will continue into the holiday season; marketing and digital initiatives may contribute from Q2, with benefits building over time.
Holiday seasonality is expected to generate over 40% of annual revenue and all annual earnings; holiday cash generation is expected to support repayment of working-capital borrowings.
Network optimization savings are excluded from FY27 guidance; initial benefits are expected in FY28.
- FY21 topped $2.1B in revenue as adjusted EBITDA surged 64.5%.FLWS
Q4 2021 - Revenue and EBITDA rebounded in FY2011 as margins improved across a challenging consumer backdrop.FLWS
Q4 2011 - Revenue and Adjusted EBITDA grew as debt was eliminated, despite Fannie May setbacks.FLWS
Q4 2013 - FY12 growth across three segments sets up FY13 guidance for double-digit comparative earnings growth.FLWS
Q4 2012 - Harry & David lifted FY15 revenue to $1.12B; FY16 guidance targets growth and integration synergies.FLWS
Q4 2015 - Revenue grew, but weather pressured FY14 earnings as Harry & David reshaped FY15 prospects.FLWS
Q4 2014 - FY16 growth and integration gains set up FY17 expansion, despite lingering Fannie May and seasonal headwinds.FLWS
Q4 2016 - Floral growth and the Fannie May sale support FY18 growth plans after a mixed FY17.FLWS
Q4 2017 - Comparable growth accelerated, but operating headwinds cut Adjusted EBITDA to $78.9M.FLWS
Q4 2018
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