1-800-FLOWERS.COM, Inc. ( (FLWS) ) has released its Q1 earnings. Here is a breakdown of the information 1-800-FLOWERS.COM, Inc. presented to its investors.
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1-800-FLOWERS.COM, Inc. is a prominent e-commerce company specializing in floral and gift products, operating across various brands and services in the gifting industry. The company recently reported its fiscal 2026 first-quarter results, highlighting a revenue of $215.2 million and a net loss of $53.0 million. Despite a challenging quarter, the company is focused on a turnaround strategy aimed at long-term growth and operational efficiency. Key financial metrics showed a decrease in total consolidated revenues by 11.1% and a gross profit margin decline to 35.7%. Operating expenses were reduced by $12.0 million, reflecting improved marketing efficiency and cost optimization efforts. The company is implementing a strategic shift towards marketing effectiveness and profitability, with anticipated gross savings of $50 million over the next two years. Looking ahead, 1-800-FLOWERS.COM, Inc. is committed to transforming into a customer-centric, data-driven organization, aiming for sustainable revenue and profit growth through enhanced agility and strategic priorities.