The 10-second takeaway
For the quarter ended Sep. 30 (Q1), 1-800-Flowers.com met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP loss per share increased.
Gross margins expanded, operating margins increased, net margins shrank.
1-800-Flowers.com reported revenue of $120.9 million. The four analysts polled by S&P Capital IQ hoped for sales of $120.7 million on the same basis. GAAP reported sales were 3.1% higher than the prior-year quarter's $117.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.07. The four earnings estimates compiled by S&P Capital IQ predicted -$0.07 per share. GAAP EPS were -$0.07 for Q1 compared to -$0.01 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 41.1%, 140 basis points better than the prior-year quarter. Operating margin was -5.3%, 130 basis points better than the prior-year quarter. Net margin was -3.8%, 320 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $257.3 million. On the bottom line, the average EPS estimate is $0.26.
Next year's average estimate for revenue is $759.7 million. The average EPS estimate is $0.23.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 136 members out of 234 rating the stock outperform, and 98 members rating it underperform. Among 73 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give 1-800-Flowers.com a green thumbs-up, and 35 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on 1-800-Flowers.com is outperform, with an average price target of $5.00.
Looking for alternatives to 1-800-Flowers.com? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add 1-800-Flowers.com to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.