NASDAQ$FLWS
1 800 FLOWERS COM · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
1-800-FLOWERS.COM, Inc. reported second quarter results that reflected successful holiday performance
1-800-FLOWERS.COM, Inc. reported a 4.8% decrease in total consolidated revenues to $897.9 million compared to the prior year period. Net income for the quarter was $82.5 million, and Adjusted EBITDA was $131.4 million. The company is updating its Fiscal 2023 guidance based on its second quarter performance and the current economic environment.
- Total consolidated revenues decreased 4.8% to $897.9 million.
- Gross profit margin for the quarter was 41.0%, as compared with 40.1% in the prior year period.
- Net income for the quarter was $82.5 million, or $1.27 per diluted share.
- Adjusted EBITDA for the quarter was $131.4 million.
Headline financials
Revenue & EPS history
1 800 FLOWERS · Revenue · Quarterly
$898M
Revenue by segment
1 800 FLOWERS · $898M total across 4 segments · Q2 2023
- Gourmet Foods & Gift Baskets$588M-0.4%65.5%
- Consumer Floral & Gifts$277M-12.1%30.8%
- BloomNet$32.9M-13.4%3.7%
- Corporate$72K+4.3%0.0%
Forward guidance
The Company is updating its Fiscal 2023 guidance based on its second quarter performance and the current economic environment. The Company continues to expect that revenues will decline in Fiscal 2023 on cautious consumer behavior, but anticipates that gross margins and bottom-line results will gradually improve during the latter half of the current fiscal year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.6%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+0.2%
Avg return
30 days after
54%
34 / 63 earnings
Positive
+28.9%
Q3 2021
Best reaction
-21.4%
Q1 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +4.8% | -7.0% | -5.0% | |
| Q2 2026 | +14.6% | -2.5% | -13.9% | |
| Q1 2026 | +3.2% | -2.9% | -2.3% | |
| Q3 2025 | -16.2% | -16.4% | -13.5% | |
| Q2 2025 | -8.4% | -8.4% | -21.9% | |
| Q1 2025 | +3.1% | +4.1% | +1.5% | |
| Q4 2024 | -10.8% | -16.3% | -11.6% | |
| Q3 2024 | -1.8% | -3.0% | +6.8% | |
| Q2 2024 | -0.1% | -2.5% | -1.2% | |
| Q1 2024 | +13.8% | +8.7% | +19.7% | |
| Q4 2023 | +1.4% | -5.9% | +0.3% | |
| Q3 2023 | +7.1% | +13.3% | -4.5% | |
| Q2 2023 | +9.9% | +8.0% | +4.8% | |
| Q1 2023 | +16.6% | +14.9% | +32.2% | |
| Q4 2022 | -14.6% | -22.5% | -25.2% | |
| Q3 2022 | -16.6% | -9.0% | -20.2% | |
| Q2 2022 | -19.9% | -20.7% | -28.1% | |
| Q1 2022 | +12.6% | +12.3% | +14.0% | |
| Q4 2021 | -1.0% | +3.2% | +10.3% | |
| Q3 2021 | +28.9% | +34.7% | +22.8% | |
| Q2 2021 | -15.5% | -20.9% | -22.2% | |
| Q1 2021 | -21.4% | -17.2% | -1.0% | |
| Q4 2020 | +3.1% | +8.2% | -15.6% | |
| Q3 2020 | +3.6% | +14.5% | +22.4% | |
| Q2 2020 | +0.6% | +4.2% | +19.5% | |
| Q1 2020 | +0.4% | -2.7% | +0.6% | |
| Q4 2019 | -21.0% | -23.9% | -26.5% | |
| Q3 2019 | +7.0% | +5.6% | -7.1% | |
| Q2 2019 | +22.6% | +29.8% | +37.1% | |
| Q1 2019 | +27.9% | +21.1% | +19.7% | |
| Q4 2018 | -11.5% | -15.9% | -15.5% | |
| Q3 2018 | -5.5% | -4.3% | -0.8% | |
| Q2 2018 | -10.8% | -12.1% | +3.9% | |
| Q1 2018 | -0.5% | +1.6% | +9.6% | |
| Q4 2017 | +0.6% | -0.6% | +9.6% | |
| Q3 2017 | -5.9% | -4.1% | -8.7% | |
| Q2 2017 | -4.1% | -1.6% | +2.6% | |
| Q1 2017 | +8.4% | +11.2% | +20.2% | |
| Q4 2016 | -3.1% | -2.7% | -3.4% | |
| Q3 2016 | +0.9% | — | — | |
| Q2 2016 | +1.6% | — | — | |
| Q1 2016 | -10.0% | — | — | |
| Q4 2015 | -7.2% | — | — | |
| Q3 2015 | +2.7% | — | — | |
| Q2 2015 | +13.2% | — | — | |
| Q1 2015 | +7.4% | — | — | |
| Q4 2014 | +12.7% | — | — | |
| Q3 2014 | -0.7% | — | — | |
| Q2 2014 | +2.0% | — | — | |
| Q1 2014 | +4.1% | — | — | |
| Q4 2013 | -6.4% | — | — | |
| Q3 2013 | -5.6% | — | — | |
| Q2 2013 | +7.8% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2010 | +4.8% | — | — | |
| Q2 2012 | +4.8% | — | — | |
| Q4 2012 | +2.8% | — | — | |
| Q3 2011 | -3.4% | — | — | |
| Q3 2012 | -3.4% | — | — | |
| Q2 2011 | -1.0% | — | — | |
| Q1 2012 | +3.1% | — | — | |
| Q1 2011 | +10.2% | — | — | |
| Q3 2010 | -3.0% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro