Tuesday, March 02, 2021
1-800-Flowers.com (FLWS)
In The League Of Leading Ecommerce Companies
1-800-FLOWERS.COM, Inc. is the leading provider of gourmet and floral gifts for all occasions. For nearly 40 years, 1-800-FLOWERS® has been helping deliver smiles for customers with gifts for every occasion, including fresh flowers, premium, gift-quality fruits, and other gourmet items from Harry & David®, popcorn and specialty treats from The Popcorn Factory®; cookies and baked gifts from Cheryl’s®; premium chocolates and confections from Fannie May®; gift baskets and towers from 1-800-Baskets.com®; premium English muffins and other breakfast treats from Wolferman’s; carved fresh fruit arrangements from FruitBouquets.com; and top quality steaks and chops from Stock Yards®. The Company’s BloomNet® international floral wire service provides a broad range of quality products and value-added services designed to help professional florists grow their businesses profitably.
Michael Kupinski, Director of Research, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Upcoming fireside chat. Chris McCann, CEO & President of 1800Flowers.com will be hosting an investor presentation in a fireside chat format on Wednesday, March 3 at 2pm ET. Investors may register here. Chris is expected to cover a range of topics including the recent Texas weather impact, the post Covid environment, market share gains in its consumer floral division, future acquisitions, and more.
Confident in future growth. Management is expected to highlight its expectation to grow revenues and cash flow near double digit rates in spite of the enhanced revenue and cash flow growth it achieved during the Pandemic. Revenue and cash flow growth rates are certain to slow against….
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
