1-800-FLOWERS M

Management completed a strategic shift to a function-based structure and hit a $50 million two-year cost savings target within one year. For fiscal 2027 the company forecasts mid-single-digit revenue declines and adjusted EBITDA of $10 million–$15 million, which includes a $12 million incremental variable compensation headwind. It identified an additional $15 million–$20 million of cost reductions to be realized by fiscal 2028, plans significant reinvestment into marketing technology and customer acquisition, and is exploring capital-raising and non-core asset divestiture options while amending its credit facility for greater flexibility. » Más en finance.yahoo.com

1-800 FLOWERS.COM shares dropped about 8.6% to $3.19 in premarket trading after the company released its fourth-quarter and full-year 2026 results. Management had earlier expected a revenue decline of roughly 10–12% for the fiscal year. In the longer term the company shows falling revenues, widening losses and high net leverage relative to EBITDA, with EBITDA for the year close to breakeven. Weakness was particularly pronounced in the "Consumer Floral & Gifts" segment, and investors doubt whether ongoing cost cuts and marketing measures will produce a noticeable recovery in the short term. » Más en de.investing.com

1-800-FLOWERS.COM reported Q3 2026 EPS of -$0.77, missing the consensus expectation of -$0.75, while revenue of $293 million slightly exceeded forecasts. The stock plunged about 13.5% in premarket trading as investors highlighted ongoing profitability issues. The company cites accelerated cost savings and an AI-powered product ranking as levers for digital transformation, but continues to see declines in the Consumer Floral & Gifts segment and rising net debt. For Q4, EPS is expected at -$0.50; revenue expectations for 2026/2027 are about $1.51 billion and $1.52 billion, respectively. » Más en de.investing.com