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Thursday, January 27, 2022

1-800-FLOWERS (FLWS) reported earnings on Thur 27 Jan 22 (b/o)

  ** charts after earnings **


 
 
 
 
 
 

Missed estimates for Q2 EPS and revs. Adj. EBITDA fell 19% yr/yr in the quarter; significant cost increases for shipping, labor, and digital marking weighed on net income. Lowered its outlook for FY22, citing ongoing cost headwinds and consumer concerns regarding rising price inflation. Co also anticipates that free cash flow for the year will decline significantly yr/yr; co intends to invest in inventory to support its growth plans and address macro headwinds. At 52-week lows.

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