Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 2, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 0-26841 1-800-FLOWERS.COM, Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) Two Jericho P ...

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Q4 2023 Earnings Call Transcript August 31, 2023 8:00 AM ET Company Participants Andy Milevoj - SVP, IR Jim McCann - Chairman & CEO Tom Hartnett - President Bill Shea - CFO Conference Call Participants Michael Kupinski - Noble Capital Markets Alex Fuhrman - Craig-Hallum Anthony Lebiedzinski - Sidoti & Company Operator Good morning, and welcome to the 1-800-FLOWERS.COM Fiscal 2023 Fourth Quarter and Year-End Earnings Call. All participants will be in listen-only mode. [O ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 2, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File No. 0-26841 1-800-FLOWERS.COM, Inc. (Exact name of registrant as specified in its charter) Table of Contents FORM 10-Q Indicate by check mark whether the ...

Financial Data and Key Metrics - Revenues for the third quarter declined 11.1% year-over-year, with adjusted EBITDA loss improving to $5.5 million compared to $12 million in the prior year [38] - Gross margins improved by 80 basis points to 33.6%, driven by strategic pricing initiatives and lower ocean freight costs [11] - Free cash flow is expected to exceed $75 million for the fiscal year, representing an improvement of over $135 million compared to the previous year [14] - Inventory levels decreased to $191.9 million from $214.4 million year-over-year, reflecting efforts to optimize inventory management [123] Business Segment Performance - Gourmet Food and Gift Baskets segment revenues decreased 11.7% to $147.9 million, with gross profit margin declining to 24.6% due to higher commodity costs and increased promotional activity [12] - Consumer Floral and Gifts segment revenues decreased 11.8% to $233 million, but gross profit margin improved to 37.9% due to strategic pricing and lower freight costs [40] - BloomNet segment revenues decreased 3.8% to $37 million, with gross profit margin improving 380 basis points to 42.5% [13] Market and Strategic Initiatives - The company is leveraging AI technology, such as ChatGPT, to enhance customer engagement with products like the Mom Verse for Mother's Day [34][116] - Acquisitions, such as Things Remembered and Smart Gift, are being integrated to expand product offerings and strengthen B2B gifting capabilities [7][117] - The company is focusing on cross-brand subscriptions and customer personalization to drive long-term value and engagement [23][129] Management Commentary on Operating Environment - Consumer discretionary spending remains challenged due to macroeconomic pressures, including inflation, rising interest rates, and recession fears [3][110] - The company expects gross margins to continue improving in Q4 and beyond, supported by lower ocean freight costs and stabilizing commodity prices [43][120] - Management remains optimistic about long-term growth opportunities, both organically and through strategic acquisitions [33][43] Other Important Information - The company recorded a $64 million pretax non-cash impairment charge related to the Food Group's goodwill and intangible assets [37][120] - Advertising and labor costs were reduced, contributing to improved operating efficiency [121][83] - The company is actively managing its debt, with discussions ongoing to refinance a term loan maturing in May 2024 [54] Q&A Session Highlights Question: How is the company managing its product portfolio to balance market share gains and efficiency? - The company is focusing on strategic pricing, particularly in higher price point items, and leveraging cross-brand subscriptions to drive customer engagement [18][23][73] Question: What is driving the improvement in gross margins? - Approximately half of the margin improvement is attributed to strategic pricing, with the remainder driven by lower ocean freight costs [57][58] Question: Can you provide an update on the Passport Membership program? - Passport members account for over 20% of daily revenue, with consistent performance and strong customer retention [72][131] Question: What is the outlook for commodity costs and their impact on margins? - Certain commodity costs, such as eggs and butter, have started to decline, while others like cocoa and sugar remain at historical highs [59][80] Question: How is the company managing inventory and promotional activity? - Inventory levels have been reduced by $25 million year-over-year, with promotional activity focused on moving perishable inventory to avoid write-offs [88][62]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 1, 2023 (State of incorporation) (I.R.S. Employer Identification No.) Securities registered pursuant to Section 12(b) of the Act: or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File N ...

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Q2 2023 Earnings Conference Call February 2, 2023 8:00 AM ET Company Participants Andy Milevoj - Senior Vice President of Investor Relations Chris McCann - Chief Executive Officer Bill Shea - Chief Financial Officer Tom Hartnett - President Conference Call Participants Dan Kurnos - The Benchmark Company Michael Kupinski - Noble Capital Markets Alex Berman - Craig-Hallum Linda Bolton Weiser - D.A. Davidson Operator Good morning, and welcome to the 1-800-FLOWERS.COM Inc. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 2, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |---------------------------------------------------------------------------------------------------------|------------------------------------------------------------ ...

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Q1 2023 Earnings Conference Call November 3, 2022 8:00 AM ET Company Participants Andy Milevoj - Senior Vice President, Investor Relations and Corporate Communications Christopher McCann - Chief Executive Officer William Shea - Chief Financial Officer Thomas Hartnett - President Conference Call Participants Michael Kupinski - NOBLE Capital Markets Anthony Lebiedzinski - Sidoti & Company Alex Fuhrman - Craig-Hallum Capital Group Daniel Kurnos - The Benchmark Company Oper ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 3, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 0-26841 1-800-FLOWERS.COM, Inc. (Exact name of registrant as specified in its charter) 1.800.FLOWERS.COM, INC. Delaware (State or other jurisdiction of incorporation or org ...

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Q4 2022 Earnings Conference Call September 1, 2022 8:00 AM ET Company Participants Joseph Pititto - Senior Vice President, Investor Relations and Corporate Communications Chris McCann - Chief Executive Officer Bill Shea - Chief Financial Officer Tom Hartnett - President Conference Call Participants Dan Kurnos - The Benchmark Group Anthony Lebiedzinski - Sidoti & Company Michael Kupinski - NOBLE Capital Markets Alex Fuhrman - Craig-Hallum Capital Group Linda Bolton Weise ...