1-800-Flowers.com (NASDAQ:FLWS) shares plummeted 14.95% in pre-market trading on Thursday, after the company reported disappointing second-quarter fiscal 2025 results that fell short of analyst expectations.
For the quarter ended December 2024, the online retailer of flowers and gift baskets posted adjusted earnings of $1.08 per share, missing the consensus estimate of $1.19 per share by 9.24%. Revenue came in at $775.5 million, down 5.66% year-over-year and below the $801.6 million analysts had anticipated.
The weaker-than-expected Q2 performance sent FLWS shares tumbling in early trading, as investors reacted negatively to the earnings and sales misses. The company's gross margin for the quarter was 43.3%, while adjusted EBITDA reached $116.3 million, below the $122.5 million estimate.
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