Projected 6% sales decline for 1-800-Flowers.com this quarter. D.A. Davidson analyst predicts sales decline larger than projected figure. Downgraded FLWS stock to 'underperform' from 'neutral' with lower price target.
- 1-800-Flowers.com reported a quarterly loss of $0.28 per share, slightly below estimates. - Revenues for the quarter were $379.41 million, missing the Zacks Consensus Estimate by 0.50%. - The company has beaten EPS estimates three out of the last four quarters. - Stock has lost 16% YTD compared to S&P 500's gain of 5.2%. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings