1-800-FLOWERS.COM, Inc. reported its Fiscal 2025 third quarter results, revealing generated revenues of $331.5 million and a net loss of $178.2 million, which includes a $138.2 million non-cash goodwill and intangible impairment charge. The company highlighted a strategic initiative, "Celebrations Wave," which aims to integrate its relationship innovation initiatives and brand assets into a sentiment-led celebrations ecosystem. In terms of segment performance, the Consumer Floral & Gifts segment saw a revenue decline of 11.4% to $196.0 million compared to the prior year period, with a gross profit margin decrease of 250 basis points to 36.8%. The segment contribution margin, excluding the impairment charge, was $6.5 million, down from $22.8 million in the previous year. Conversely, the BloomNet segment experienced a revenue increase of 4.5% to $28.6 million, with an improved gross profit margin of 46.9%, up 150 basis points due to lower florist rebates. The segment contribution margin grew to $8.5 million from $7.6 million in the prior year period. The company has withdrawn its near-term guidance due to the rapidly evolving macroeconomic landscape and uncertainties impacting the outlook.
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