Shares of 1-800-Flowers.com (NASDAQ: FLWS) plummeted over 5% on Wednesday after the online flower and gift retailer reported weaker-than-expected results for its fiscal first quarter of 2025.
The company reported a quarterly loss of $0.53 per share, marginally better than the consensus estimate of a $0.54 loss. However, revenue fell short of expectations, declining 10% year-over-year to $242.1 million, compared to analysts' projections of $250.7 million.
Despite the revenue miss, 1-800-Flowers reiterated its fiscal 2025 guidance, with EBITDA expected to come in above analysts' estimates at around $90 million. Nevertheless, investors were concerned by the company's worsening cash flow situation, with free cash flow turning deeply negative at -$189.3 million, a significant increase from the -$150.9 million cash burn in the same quarter last year.