1-800-FLOWERS.COM, Inc. Reports Fiscal 2024 Third Quarter Results
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading provider of gifts designed to help inspire customers to give more, connect more, and build more and better relationships, today reported results for its Fiscal 2024 third quarter ended March 31, 2024.
- 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading provider of gifts designed to help inspire customers to give more, connect more, and build more and better relationships, today reported results for its Fiscal 2024 third quarter ended March 31, 2024.
- Quarter-over-quarter e-commerce revenue trends continued to improve, declining 4.9% as compared with a 6.6% decline in the prior quarter.
- Adjusted EBITDA1 loss for the quarter was $5.7 million, as compared with an Adjusted EBITDA1 loss of $5.5 million in the prior year period.
- In response, we amplified our Work Smarter efforts and reduced our workforce during the fiscal third quarter.