- 1-800-Flowers.com (NASDAQ:FLWS) reports comparable revenue rose 1.8% in Q1, driven primarily by Gourmet Food and Gift Baskets segment comparable growth of 4.4%.
- E-commerce revenue grew 1.6% to $108.77M.
- Segment revenues: Consumer Floral: $76.6M (+1.9%); BloomNet Wire Service: $19.8M (-5.7%); Gourmet Food and Gift Baskets: $61M (-12.6%).
- Gross margin rate slipped 20 bps to 42.8%.
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FY2018 Guidance: Total net revenues: $1.14B to $1.16B; Adjusted EBITDA: $90M to $93M; ; EPS: $0.46 to $0.48; Free cash flow: $30M to $40M.