$228.94 Million in Sales Expected for 1-800-Flowers.Com Inc (FLWS) This Quarter

Equities analysts expect 1-800-Flowers.Com Inc (NASDAQ:FLWS) to post $228.94 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for 1-800-Flowers.Com’s earnings, with the highest sales estimate coming in at $235.20 million and the lowest estimate coming in at $216.95 million. 1-800-Flowers.Com posted sales of $233.72 million in the same quarter last year, which suggests a negative year-over-year growth rate of 2%. The business is expected to report its next quarterly earnings results on Tuesday, May 1st.

According to Zacks, analysts expect that 1-800-Flowers.Com will report full-year sales of $228.94 million for the current year, with estimates ranging from $1.14 billion to $1.15 billion. For the next fiscal year, analysts forecast that the company will report sales of $1.18 billion per share, with estimates ranging from $1.17 billion to $1.19 billion. Zacks’ sales calculations are an average based on a survey of sell-side research firms that that provide coverage for 1-800-Flowers.Com.

1-800-Flowers.Com (NASDAQ:FLWS) last issued its quarterly earnings results on Wednesday, January 31st. The specialty retailer reported $0.88 EPS for the quarter, hitting the consensus estimate of $0.88. 1-800-Flowers.Com had a net margin of 4.70% and a return on equity of 9.82%. The company had revenue of $526.10 million during the quarter, compared to analysts’ expectations of $528.85 million. During the same quarter in the previous year, the company earned $0.93 EPS. 1-800-Flowers.Com’s revenue was down 5.1% on a year-over-year basis.

Several equities research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th. Northcoast Research cut shares of 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research report on Tuesday, December 26th. Noble Financial reiterated a “buy” rating on shares of 1-800-Flowers.Com in a research report on Thursday, December 28th. BidaskClub upgraded shares of 1-800-Flowers.Com from a “hold” rating to a “buy” rating in a research report on Friday, February 9th. Finally, TheStreet upgraded shares of 1-800-Flowers.Com from a “c+” rating to a “b-” rating in a research report on Tuesday, December 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $12.40.

Shares of 1-800-Flowers.Com (NASDAQ:FLWS) opened at $10.85 on Wednesday. 1-800-Flowers.Com has a 1 year low of $7.80 and a 1 year high of $12.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 2.15. The company has a market cap of $697.94, a P/E ratio of 27.00, a PEG ratio of 1.22 and a beta of 1.46.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wells Fargo & Company MN grew its holdings in 1-800-Flowers.Com by 2.3% during the second quarter. Wells Fargo & Company MN now owns 21,551 shares of the specialty retailer’s stock valued at $211,000 after purchasing an additional 488 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in 1-800-Flowers.Com by 0.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 106,451 shares of the specialty retailer’s stock valued at $1,038,000 after purchasing an additional 665 shares during the period. TIAA CREF Investment Management LLC grew its holdings in 1-800-Flowers.Com by 0.5% during the second quarter. TIAA CREF Investment Management LLC now owns 166,502 shares of the specialty retailer’s stock valued at $1,623,000 after purchasing an additional 803 shares during the period. Nationwide Fund Advisors grew its holdings in 1-800-Flowers.Com by 5.2% during the second quarter. Nationwide Fund Advisors now owns 21,803 shares of the specialty retailer’s stock valued at $213,000 after purchasing an additional 1,086 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in 1-800-Flowers.Com by 7.9% during the second quarter. The Manufacturers Life Insurance Company now owns 23,581 shares of the specialty retailer’s stock valued at $230,000 after purchasing an additional 1,723 shares during the period. Hedge funds and other institutional investors own 33.02% of the company’s stock.

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1-800-Flowers.Com Company Profile

1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.

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Earnings History and Estimates for 1-800-Flowers.Com (NASDAQ:FLWS)

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