1-800-Flowers.com Q1 EPS $(0.48) Beats $(0.53) Estimate, Sales $269.05M Beat $249.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
1-800-Flowers.com reported Q1 losses of $(0.48) per share, beating the analyst consensus estimate of $(0.53) by 9.43%. This is a 7.69% increase over losses from the same period last year. The company also reported quarterly sales of $269.05 million, beating the analyst consensus estimate of $249.26 million by 7.94%. However, this is a 11.38% decrease over sales from the same period last year.
November 02, 2023 | 10:46 am
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1-800-Flowers.com reported better than expected Q1 losses and sales. However, sales are down 11.38% compared to the same period last year.
While 1-800-Flowers.com beat Q1 EPS and sales estimates, the YoY decrease in sales might concern investors. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100