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Add as a preferred source on Google1-800-FLOWERS.COM Revenue Drops 20.4% in First Quarter
Revenue was $171.4 million, while non-GAAP earnings per share showed a loss of $0.78, missing estimates by $25.09 million and $0.21, respectively.
1-800-FLOWERS.COM, Inc. posted first-quarter revenue of $171.4 million, down 20.4% from a year earlier, as non-GAAP earnings per share also fell short of estimates.
Non-GAAP earnings per share was a loss of $0.78, missing estimates by $0.21. Revenue came in $25.09 million below estimates.
The company recorded a $50.6 million net loss from continuing operations, equal to a loss of $0.79 per diluted share.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.