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1-800-Flowers.com down on mixed Q3 results

May 01, 2018 8:18 AM ET1-800-FLOWERS.COM, Inc. (FLWS) StockBy: Niloofer Shaikh, SA News Editor
  • 1-800-Flowers.com (NASDAQ:FLWS) reports comparable revenue rose 10.2% in Q3.
  • E-commerce revenue increased 10.8% to $196.87M.
  • Segment revenues: Consumer Floral: $135.78M (+8.9%); BloomNet Wire Service: $24.5M (+1.7%); Gourmet Food and Gift Baskets: $78.46M (+15.5%).
  • Gross margin rate fell 70 bps to 39.2%.
  • FY2018 Guidance: Comparable revenues: high end of $1.13B to $1.15B; Adjusted EBITDA: ~$80M; EPS: ~$0.60; Free cash flow: $30M to $40M.
  • FLWS -3.54% premarket.
  • Previously: 1-800 FLOWERS.COM misses by $0.01, beats on revenue (May 1)

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