Shares of 1-800-Flowers.com (NASDAQ: FLWS) plummeted 5.07% on Friday after the company reported disappointing second quarter fiscal 2025 results that missed analysts' expectations.
For the quarter ended January 26, 2025, the online floral and gift retailer reported revenue of $775.5 million, down 5.7% year-over-year and below analysts' consensus estimate of $803.4 million. The revenue miss was partially offset by improved profitability, with net income rising 2.3% to $64.3 million and profit margin expanding to 8.3% from 7.7% a year ago.
However, earnings per share of $1.01 fell short of analysts' expectations of $1.20. The company cited a challenging economic environment and intense competition in the gifting space as headwinds weighing on its top-line growth during the key holiday quarter.
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