In today's Consumer Countdown, consumer goods analysts Michael Finarelli and Sean O'Reilly join host Mark Reeth to discuss some of the biggest news in their sector.

The team looks at two big earnings announcements from this morning. First, Mike discusses how 1-800-Flowers (FLWS) did, and how shares have managed to rise 41% year to date. More importantly, he's concerned about how the company can stand up to Amazon.com (AMZN -1.64%), which just entered the flowers market. Then, Sean examines Martha Stewart Living (MSO.DL) and how the company's new CEO can build on this recent strong quarter.