1-800-FLOWERS.COM Q1 Loss Meets Estimates; Backs Annual Outlook

(RTTNews) - 1-800-FLOWERS.COM Inc. (FLWS), a multi-channel retailer of gifts for all occasions, Tuesday posted first quarter loss of $4.25 million, almost as same as $4.63 million a year ago. Loss per share was $0.07, flat year-over-year.

Excluding certain items, net loss per share totaled $0.06. On average, 3 analysts polled by Thomson Reuters expected the company to report loss per share of $0.06 for the quarter. Analysts' estimates typically exclude one-time items.

Quarterly revenues rose to $126.70 million from $123.04 million last year. Analysts expected the company to report revenues of $129.76 million.

Additionally, the company reaffirmed its recently updated guidance for fiscal 2015, which now includes anticipated benefits from the acquisition of the Harry & David business. The firm continues to expect adjusted profit per share to be in a range of $0.45-to-$0.50 and also anticipates to deliver total net revenues from continuing operations in excess of $1.1 billion. Analysts are looking for earnings per share of $0.45, on revenues of $1.15 billion.