Q1 2026 1-800-Flowers.Com Inc Earnings Call Transcript
Key Points
- 1-800-Flowers.com Inc (FLWS) has begun to see positive trends in underlying profitability due to strategic shifts in marketing spend.
- The company has successfully started selling products through third-party marketplaces like Amazon and walmart.com, expanding its reach.
- 1-800-Flowers.com Inc (FLWS) has implemented a paid traffic consolidation strategy, which is showing promising early results in improving productivity and maximizing ROI.
- The company has identified $50 million in potential cost savings over the next two years, with half expected to be realized in fiscal 2026.
- A new Chief Marketing and Growth Officer, Melanie Babcock, has been hired to lead the marketing evolution and drive customer-centric growth strategies.
- Consolidated revenue for the first quarter decreased by 11.1%, with significant declines in key segments.
- The company experienced a decrease in gross margin by 240 basis points, primarily due to sales decline and higher tariffs.
- 1-800-Flowers.com Inc (FLWS) reported an adjusted EBITDA loss of $32.9 million, compared to a loss of $27.9 million in the prior year period.
- The company is facing increased marketing costs due to competition for search terms, impacting marketing productivity.
- Net debt increased to $259.3 million from $224.1 million a year ago, with a low cash balance of $7.7 million.
Good morning, and welcome to the 1-800-FLOWERS.COM fiscal 2026 first quarter earnings call. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Andy Milevoj, Senior Vice President, Investor Relations. Please go ahead.
Good morning, and welcome to our fiscal 2026 first quarter earnings call. Joining us on today's call are Adolfo Villagomez, Chief Executive Officer; and James Langrock, Chief Financial Officer. Before we begin, I'd like to remind you that some of the statements we make on today's call are covered by the Safe Harbor disclaimer contained in our press release and public documents.
During this call, we will make forward-looking statements with predictions, projections and other statements about future events. These statements are based on current expectations and assumptions that are subject to risks and uncertainties and including those contained in our press release and public filings with the
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
