1-800-FLOWERS.COM, Inc. Reports Fiscal 2026 First Quarter Results
1-800-FLOWERS.COM, Inc., a leading provider of thoughtful expressions designed to help inspire customers to give more, connect more, and build more and better relationships, has released its financial results for the first quarter of Fiscal 2026, ending September 28, 2025.
Financial Highlights
The company reported a revenue of $215.2 million, marking an 11.1% decrease compared to the same period last year. The net loss for the quarter was $53.0 million, or $0.83 per share, compared to a net loss of $34.2 million, or $0.53 per share, in the prior year period. The gross profit margin decreased by 240 basis points to 35.7%, primarily due to deleveraging on the sales decline.
Business and Operational Highlights
1-800-FLOWERS.COM, Inc. saw a decline in revenues across its segments. The Gourmet Foods & Gift Baskets segment reported an 8.6% decrease in revenues to $76.8 million, while the Consumer Floral & Gifts segment saw a 14.6% decline to $115.4 million. The BloomNet segment remained relatively flat with revenues of $23.1 million. The company also noted improvements in marketing efficiency and cost optimization initiatives, anticipating an additional $50 million in gross savings over the next two years.
Strategic Initiatives and Corporate Developments
The company is focusing on several strategic priorities to position itself for long-term growth. These include driving cost savings and organizational efficiency, building a customer-centric and data-driven organization, broadening its reach into new channels, and strengthening its team through enhanced talent and accountability.
Management's Perspective
CEO Adolfo Villagomez highlighted the early benefits of the company's turnaround strategy, including improved marketing efficiency and enhanced customer focus. CFO James Langrock noted that profitability trends improved throughout the quarter due to better marketing spend effectiveness and cost optimization initiatives.
Future Outlook
The company views Fiscal Year 2026 as a pivotal period for setting a foundation for future growth. By transforming into a customer-centric, data-driven organization with clear objectives and ROI-focused decision-making, 1-800-FLOWERS.COM, Inc. aims to fuel sustainable revenue and profit growth in the coming years.
Original SEC Filing: 1 800 FLOWERS COM INC [ FLWS ] - 8-K - Oct. 30, 2025