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1-800-Flowers reports $52.3M Q4 net loss as revenue falls 12.9%
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— 6h
1-800-Flowers reported a 12.9% drop in Q4 revenue to $293.1 million and a net loss of $52.3 million as the company shifts its strategy toward tighter marketing and cost controls. For fiscal 2027, the retailer expects mid-single-digit revenue declines but an adjusted EBITDA of $10 million to $15 million, reflecting a plan to improve profitability despite weaker top-line momentum.
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Nicole Hardy
Mid single digit revenue drops sound manageable if they really hit that 10 to 15 million EBITDA target.