The 10-second takeaway
For the quarter ended March 31 (Q3), 1-800-Flowers.com met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue increased. GAAP earnings per share grew.
Margins grew across the board.
1-800-Flowers.com recorded revenue of $192.6 million. The five analysts polled by S&P Capital IQ predicted revenue of $194.2 million on the same basis. GAAP reported sales were 7.2% higher than the prior-year quarter's $179.7 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 $0.04. The five earnings estimates compiled by S&P Capital IQ anticipated $0.04 per share. GAAP EPS of $0.04 for Q3 were much higher than the prior-year quarter's $0.00 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 41.7%, 100 basis points better than the prior-year quarter. Operating margin was 2.1%, 200 basis points better than the prior-year quarter. Net margin was 1.4%, 140 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $185.4 million. On the bottom line, the average EPS estimate is $0.01.
Next year's average estimate for revenue is $753.6 million. The average EPS estimate is $0.22.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 138 members out of 233 rating the stock outperform, and 95 members rating it underperform. Among 65 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 34 give 1-800-Flowers.com a green thumbs-up, and 31 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 $5.50.
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