1-800-Flowers.com Reports $775.5M Revenue in Q2

By Tamara Parker • Thursday, January 30 15:45 • Permanent Link

1-800-Flowers.com, Inc. has reported its fiscal 2025 second quarter results. The company generated revenues of $775.5 million and net income of $64.3 million. Adjusted EBITDA for the quarter was $116.3 million. Here are the key highlights and changes from the prior year period:

Total consolidated revenues decreased 5.7% to $775.5 million.
Gross profit margin remained flat at 43.3%.
Operating expenses declined by $19.9 million to $244.5 million.
Net income for the quarter was $64.3 million, compared with net income of $62.9 million in the prior year period.
Adjusted net income was $69.2 million, compared with an adjusted net income of $82.7 million in the prior year period.
Adjusted EBITDA for the quarter was $116.3 million, compared with adjusted EBITDA of $130.1 million in the prior year period.

Segment results for the fiscal 2025 second quarter are as follows:

Gourmet foods and gift baskets: Revenues for the quarter declined 4.0% to $518.5 million. Gross profit margin increased 30 basis points to 43.5%.
Consumer floral & gifts: Revenues for the quarter declined 8.0% to $234.3 million. Gross profit margin decreased 90 basis points to 41.9%.
BloomNet: Revenues for the quarter declined 16.2% to $22.8 million. Gross profit margin increased 330 basis points to 50.9%.

The company has updated its fiscal year 2025 guidance and now expects total revenues to decline in the mid-single digits on a percentage basis. Adjusted EBITDA is expected to be in a range of $65 million to $75 million, and free cash flow is expected to be in a range of $25 million to $35 million.

Additionally, the company announced an amendment to its credit agreement to provide more clarity and flexibility. The amendment includes changes to the definition of consolidated EBITDA, optional term loan prepayments, and consolidated fixed charges.

1-800-Flowers.com, Inc. will conduct a conference call to discuss the second quarter results and attached financial results. The conference call will be webcast from the investors section of the company’s website.

Following these announcements, the company's shares moved -10.0%, and are now trading at a price of $7.95. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.