Quarterly ResultMay 7, 2026, 07:12 AM
1-800-FLOWERS Q3 Revenue $293M; Net Loss $(100.1)M; Adj EBITDA $(31.2)M
AI Summary
1-800-FLOWERS.COM, Inc. reported its Fiscal 2026 third-quarter results, with total consolidated revenues decreasing 11.6% to $293.0 million. The company posted a net loss of $(100.1) million, which included a $45.2 million non-cash goodwill and intangible impairment charge, and an Adjusted EBITDA loss of $(31.2) million. Management highlighted significant progress on strategic initiatives, improved customer experience metrics for Valentine’s Day, and achieving cost savings targets ahead of schedule. For Fiscal Year 2026, the company anticipates revenue to decline by approximately 10% to 12% and Adjusted EBITDA to be approximately breakeven.
Key Highlights
- Total consolidated revenues decreased 11.6% to $293.0 million compared to prior year.
- Net loss was $(100.1) million, or $(1.56) per diluted share, including a $45.2 million impairment charge.
- Adjusted EBITDA loss was $(31.2) million, an improvement from $(34.9) million in prior year.
- Gross profit margin increased 150 basis points to 33.2%.
- Consumer Floral & Gifts segment revenues declined 18.7% to $159.4 million.
- Gourmet Foods & Gift Baskets segment revenues were essentially flat at $106.9 million.
- Fiscal Year 2026 revenue is expected to decline by approximately 10% to 12%.
- Fiscal Year 2026 Adjusted EBITDA is projected to be approximately breakeven.