1-800-Flowers.Com, Inc. company’s news
About 1-800 FLOWERS.COM
1-800-Flowers.Com, Inc. is a provider of gifts designed to help customers express, connect and celebrate. The company’s e-commerce business platform features a range of brands including: 1-800-Flowers.com, 1-800-Baskets.com, Cheryl’s Cookies, Harry & David, PersonalizationMall.com, Shari’s Berries, FruitBouquets.com, Moose Munch , The Popcorn Factory, Wolferman’s Bakery, Stock Yards and Simply Chocolate. The company operates through three business segments: Consumer Floristry & Gifts, Gourmet Food & Gift Baskets, and BloomNet. The Celebrations Passport loyalty program provides members with free standard shipping and no service fees across their portfolio of brands. The company also operates BloomNet, an international service provider to the flower and gift industry offering a range of products and services for professional florists; Napco, a resource for floral gifts and seasonal decor, and DesignPac Gifts, LLC, a manufacturer of gift baskets and towers.
Investing.com – 1-800 FLOWERS.COM released a report on Thursday with first-quarter results that disappointed analysts. The income indicator did not justify the forecasts.
The company posted earnings per share of -0.34$ on revenue of $485.89M. Analysts polled by Investing.com had forecast earnings per share of -$0.255 and total revenue of $486.61M.
This year, 1-800 FLOWERS.COM’s share price, down 43%, has performed worse than average on the Nasdaq Index, down 24% year-to-date.
1-800 FLOWERS.COM is following the general trend of the Consumer Sector companies this month
On August 16, Home Depot reported $5.05 second-quarter earnings of $43.79B, compared to $4.95 earnings-per-share forecast on $43.36B total revenue.
Alibaba ADR Earnings Beat Analysts’ Expectations on August 4th Q3, Quarterly EPS of $11.73 on Total Earnings of $205.56B Investing.com analysts previously predicted EPS of $10.7 on Total Earnings of $203.47B $
Investing.com – US equities were higher after the close on Thursday, as gains in the Commodities, Consumer Services and Industrials sectors led shares higher.
At the close of the New York Stock Exchange, the Dow Jones was up 1.06%, the S&P 500 was up 1.06% and the NASDAQ Composite was up 1.75%.
DowDuPont Inc (NYSE:DWDP) was the top performer among the components of the Dow Jones index today, up 4.35 points or 8.07% to close at 58.27. Intel Corporation (NASDAQ:INTC) rose 1.34 points or 2.86% to close at 48.22. Caterpillar Inc (NYSE:CAT) rose 3.38 points or 2.79% to close at 124.70.
The biggest losers were Verizon Communications Inc (NYSE:VZ), which shed 1.04 points or 1.82% to end the session at 56.05. McDonald’s Corporation (NYSE:MCD) was up 2.02 points or 1.14% to close at 174.88, while Microsoft Corporation (NASDAQ:MSFT) was down 0.89 points or 0.83 %) and finished trading at 105.92.
The leading performers in the S&P 500 index today were Wyndham Destinations Inc (NYSE:WYND), which rose 18.98% to 42.69, Newfield Exploration Company (NYSE:NFX), which gained 16.14 % to close at 23.46 and Wynn Resorts Limited (NASDAQ:WYNN), which rose 11.96% to close at 112.63.
The biggest losers were Allstate Corporation (NYSE:ALL), which shed 6.01% to close at 89.97. Shares of Fiserv Inc (NASDAQ:FISV) shed 5.54% to end the session at 74.91. Hanesbrands Inc (NYSE:HBI) dropped 5.48% to 16.22.
Leading gainers among the components of the NASDAQ Composite in today’s trading were Auris Medical Holding AG (NASDAQ:EARS), which rose 49.14% to hit 0.950, Sellas Life Sciences Group Inc (NASDAQ:SLS), which gained 36. 07% to close at 1.6600 and 1-800 FLOWERS.COM Inc (NASDAQ:FLWS), which edged up 31.10% to close at 13,700.
The biggest losers were YRC Worldwide Inc (NASDAQ:YRCW), which shed 25.79% to close at 6.13. Shares of Internap Corp (NASDAQ:INAP) shed 25.55% to end the session at 6.380. Freightcar America Inc (NASDAQ:RAIL) dropped 24.48% to 10.80.
On the New York Stock Exchange, the number of securities that rose in price (2337) exceeded the number of those that closed in the red (744), while quotes of 74 shares remained virtually unchanged. On the NASDAQ stock exchange, 2040 companies rose in price, 610 fell, and 66 remained at the level of the previous close.
Allstate Corporation (NYSE:ALL) shares fell to a 52-week low, shedding 6.01% or 5.75 points to end at 89.97. Shares of YRC Worldwide Inc (NASDAQ:YRCW) tumbled to a new low, shedding 25.79% or 2.13 points to close at 6.13. Internap Corp (NASDAQ:INAP) stock tumbled to a 52-week low, shedding 25.55% or 2.190 points to close at 6.380. Freightcar America Inc (NASDAQ:RAIL) tumbled to all-time lows, falling 24.48% or 3.50 points to close at 10.80.
The CBOE Volatility Index, which is based on S&P 500 options trading, fell 8.90% to 19.34.
Gold futures for December delivery added 1.87%, or 22.70, to $1,235.00 a troy ounce. In other commodities, WTI crude for December delivery fell 2.74%, or 1.79, to $63.52 a barrel. Futures for Brent crude for January delivery fell 3.63%, or 2.74, to $72.73 a barrel.
Meanwhile, in the Forex market, EUR/USD rose 0.85% to hit 1.1408, while USD/JPY shed 0.20% to hit 112.71.
Futures on the USD index fell 0.84% to 96.09.