1-800-Flowers Needs Stronger Revenue Growth To Drive Upside
The Model Is Evolving At 1-800-Flowers
Sep. 2, 2014, 8:39 AM
- 1-800-Flowers.com (NASDAQ:FLWS) acquires Harry & David Holdings for $142.5M.
- The company expects the addition of the well-known gift retailer to be immediately accretive to EBITDA and free cash flow.
- FLWS +16.4% premarket
1-800-FLOWERS.COM, Inc. operates as a florist and gift shop. The company operates in three segments: Consumer Floral, Gourmet Food and Gift Baskets and BloomNet Wire Service. The Consumer Floral segment includes the operations of the company's flagship brand 1-800-Flowers.com, Celebrations and... More
Industry: Specialty Retail, Other
Country: United States