1-800-FLOWERS M

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. » Plus sur de.investing.com

1-800-FLOWERS.COM reported Q2 2026 EPS of $1.20 versus $0.86 expected, delivering a notable earnings surprise; revenue was $702.2 million, slightly above estimates but down 9.5% year over year. The stock rose 11.39% in premarket trading. Adjusted EBITDA fell to $98.1 million, gross margin declined by 120 basis points, and the net cash position is $42.3 million. Management plans $50 million in cost savings by 2027 and expects revenue in H2 2026 to decline in the low double-digit percent range. » Plus sur de.investing.com

Shareholders elected all eight nominees to one-year terms until the 2026 annual meeting and reappointed BDO USA as auditor. They also approved an expansion of the 2003 Long Term Incentive and Share Award Plan to increase the authorized shares. The company reported a larger-than-expected quarterly loss (-$0.83 per share), a decline in revenue and debt of about $374.62 million; Alexander Zelikovsky was named chief information officer while Thomas Hartnett moves to an advisory role. » Plus sur de.investing.com