Why 1-800-Flowers.com Stock Wilted Today
1-800-FLOWERS.COM(FLWS) The Motley Fool·2024-08-30 04:53
The e-commerce company missed the mark across the board in its quarterly report. Shares of 1-800-Flowers.com (FLWS -12.11%) headed lower today after the company posted a disappointing earnings report this morning. The stock closed down 12.1% on the news. 1-800-Flowers comes up short The online flower seller missed the mark on the top and bottom lines in the report. Revenue fell 9.5% to $360.9 million, which was worse than the consensus estimate of $374.4 million. The company focused its attention on margin ...