1-800-FLOWERS.COM (NASDAQ:FLWS) Q1 2026 Earnings Miss Estimates

1-800-FLOWERS.COM INC-CL A (NASDAQ:FLWS) reported financial results for the first quarter of its 2026 fiscal year, posting revenue and earnings that fell short of analyst expectations. The company characterized the period as one of foundational work aimed at stabilizing the business for future growth, but the market's initial reaction reflected disappointment with the quarterly performance.

Earnings and Revenue Versus Estimates

The company's top and bottom-line results for the quarter ended September 28, 2025, missed Wall Street's targets. The reported figures compared to analyst estimates are detailed below:

• Revenue: The company reported total consolidated revenues of $215.2 million, an 11.1% decrease compared to the prior year period. This fell short of the analyst estimate of $222.7 million.
• Earnings Per Share (EPS): The adjusted net loss per share was ($0.83), which was deeper than the estimated loss of ($0.61).

The company attributed the revenue decline to a strategic shift focused on marketing effectiveness and profitability, as well as changes in the timing of wholesale orders. The wider-than-expected loss was driven by the sales decline and a contraction in gross profit margin, which fell 240 basis points to 35.7%.

Market Reaction

The earnings miss appears to have been met with a negative response from investors. In pre-market trading following the release, the stock was down approximately 2.3%. This initial price action suggests that the market was disappointed by the company's failure to meet quarterly profit and sales expectations, despite the management's commentary on its long-term turnaround strategy.

Press Release Summary

The earnings report highlighted a quarter of significant transition for 1-800-FLOWERS.COM. Key takeaways from the press release include:

• Strategic Pivot: CEO Adolfo Villagomez described Fiscal 2026 as a "pivotal year of stabilization," with the company laying the foundation for sustainable, long-term growth. The focus is on improving marketing efficiency, enhancing customer focus, and expanding into new channels.
• Cost Management: The company reported a $12.0 million reduction in operating expenses, primarily due to lower marketing and labor costs. Furthermore, CFO James Langrock announced a goal to achieve an additional $50 million in gross savings over the next two years.
• Segment Performance: All three business segments saw revenue declines year-over-year. The Consumer Floral & Gifts segment, the largest by revenue, saw sales drop 14.6% to $115.4 million. The Gourmet Foods & Gift Baskets segment revenue declined 8.6%, while the BloomNet segment was essentially flat.

Looking Ahead

While the company did not provide specific quantitative financial guidance for the coming quarters or the full 2026 fiscal year in its press release, it outlined its strategic priorities. These include driving cost savings, building a customer-centric organization, broadening reach into new channels, and strengthening the team. The absence of a formal outlook means investors are left to weigh these strategic promises against the recent earnings miss and the provided analyst estimates for the full year.

For a detailed look at historical earnings and future analyst estimates for 1-800-FLOWERS.COM, you can review the data here.

Disclaimer: This article is for informational purposes only and is not intended as investment advice. All investment decisions involve risk, and readers should conduct their own research before making any investment decisions.