--=1-800-FLOWERS (FLWS) reported earnings on Thur 2 Feb 23 (b/o)

 

1-800-FLOWERS beats by $0.30, reports revs in-line; guides FY23 revs in-line 

• Reports Q2 (Dec) earnings of $1.27 per share, $0.30 better than the S&P Capital IQ Consensus of $0.97; revenues fell 4.8% year/year to $897.9 mln vs the $894.83 mln S&P Capital IQ Consensus.
• Co issues in-line guidance for FY23, sees FY23 revs of to decline in the mid-single digit range vs. decline of 4.5% yr/yr $2.11 bln S&P Capital IQ Consensus.
  • Adjusted EBITDA is now expected to be in a range of $80-85 million