1-800-Flowers Smells Sweeter: Fool by Numbers

On Oct. 26, 1-800-Flowers (Nasdaq: FLWS  ) released first-quarter 2007 earnings for the period ending Oct. 1, 2006.

  • Both sales and per-share earnings exceeded analyst expectations, thanks to nearly 22% growth on the top line.
  • Operating margin improved by nearly two points thanks to cost controls.
  • Accordingly, management says that full-year guidance of 17% to 20% growth in sales and 100% growth in per-share earnings is still achievable.

(Figures in thousands, except per-share data)

Income Statement Highlights

Avg. Est.

Q1 2007

Q1 2006

Change

Sales

$132,670

$137,132

$112,765

21.6%

Net Profit

--

($7,419)

($6,626)

N/A

EPS

($0.12)

($0.11)

($0.10)

N/A

Diluted Shares

65,195

65,088

0.2%



Get back to basics with a look at the income statement.

Margin Checkup

Q1 2007

Q1 2006

Change*

Gross Margin

39.97%

40.82%

(0.85)

Operating Margin

(7.88%)

(9.87%)

1.99

Net Margin

(5.41%)

(5.88%)

0.47

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q1 2007

Q1 2006

Change

Cash + ST Invest.

$9,698

$10,580

(8.3%)

Accounts Rec.

$19,993

$12,930

54.6%

Inventory

$74,535

$46,310

60.9%



Liabilities

Q1 2007

Q1 2006

Change

Accounts Payable

$70,260

$70,790

(0.7%)

Debt and Leases

$124,888

$4,120

2931.3%



Learn the ways of the balance sheet.

Cash Flow Checkup

Q1 2007*

Q1 2006*

Change

Cash From Ops.

($45,095)

($27,056)

N/A

Capital Expenditures

$6,146

$7,196

(14.6%)

Free Cash Flow

($51,241)

($34,252)

N/A

*Trailing-12-month total

Find out why Fools always follow the money.

Related Companies:

  • Amazon (Nasdaq: AMZN  )
  • FTD Group (NYSE: FTD  )
  • Hallmark
  • Martha Stewart Living (NYSE: MSO  )
  • RedEnvelope (Nasdaq: REDE  )
  • The Sharper Image (Nasdaq: SHRP  )

Related Foolishness:

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so checkFool.comfor more of our in-depth discussion of what the numbers mean.

Amazon is aMotley Fool Stock Advisorselection, and Martha Stewart Living is a former recommendation of the newsletter. Red Envelope is a former Hidden Gems pick.

Fool contributor Tim Beyers didn't own shares in any of the companies mentioned in this story at the time of publication. You can find out which stocks he owns by checking Tim's Fool profile. The Motley Fool's disclosure policy always adds up.


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