1-800-Flowers.com (FLWS) Q2 Earnings and Revenues Miss Estimates

Company Performance - 1-800-Flowers.com reported quarterly earnings of $1.08 per share, missing the Zacks Consensus Estimate of $1.19 per share, and down from $1.27 per share a year ago, representing an earnings surprise of -9.24% [1] - The company posted revenues of $775.49 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 3.02%, and down from $822.05 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates only once and has not beaten consensus revenue estimates [2] Stock Performance and Outlook - 1-800-Flowers.com shares have increased approximately 8.1% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the coming quarter at -$0.26 on revenues of $381.59 million, and $0.17 on revenues of $1.79 billion for the current fiscal year [7] Industry Context - The Retail - Mail Order industry, to which 1-800-Flowers.com belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry performance can significantly impact stock performance [5][8]