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1-800-Flowers Analyst Warns Bloomberg Debit Card Data Shows Unfavorable Trends

1-800-Flowers Analyst Warns Bloomberg Debit Card Data Shows Unfavorable Trends

1-800-Flowers分析师警告Blooberg借记卡数据显示不利趋势。
Benzinga ·  07/17 17:14

1-800-Flowers.Com Inc (NASDAQ:FLWS) stock closed Wednesday at $10.00 per share, down more than 9%.

1-800-flowers.com股票(NASDAQ:FLWS)周三以每股10.00美元收盘,下跌超过9%。

The company could miss the sales estimate for the fourth quarter of fiscal 2024 and issue its fiscal 2025 guidance below Street expectations, according to DA Davidson.

据DA Davidson称,该公司可能会错过财年2024年第四季度的销售预期,并发布低于街道预期的2025财年指导。

The 1-800-Flowers Analyst: Linda Bolton Weiser downgraded coverage of 1-800-Flowers from Neutral to Underperform, while reducing the price target from $11 to $8.

1-800-flowers的分析师Linda Bolton Weiser将1-800-flowers的评级从中立下调至弱势市场,将目标价从11美元降至8美元。

The 1-800-Flowers Thesis: Bloomberg debit card data, which is 94% correlated to sales, indicates a decline of 15% year-on-year in sales in the fourth quarter of fiscal 2024, versus a 13% decline in the prior quarter F3Q24, Weiser said in the downgrade note.

Bloomberg的借记卡数据表明,与F3Q24前季度的13%下降相比,Bloomberg的借记卡数据表明,财年2024年第四季度销售额同比下降15%。

Check out other analyst stock ratings.

查看其他分析师的股票评级。

This suggests that the consensus estimate of a 6% year-on-year decline in the fiscal fourth-quarter sales may prove to be too high, she added.

这表明,财年第四季度销售额同比下降6%的共识估计可能会被证明过高,她补充说。

The University of Michigan consumer sentiment index, which is currently in the 60s-70s, needs to be consistently above 80 for 1-800-Flowers to return to low-single-digit sales growth, the analyst added.

分析师补充说,密歇根大学消费者情绪指数目前在60至70之间,需要持续保持在80以上,1-800-flowers才能恢复单个数字的低增长。

"Consumers have tended to show up more on the big gift-giving holidays like Mother's Day, but FLWS' everyday gifting business (which is the majority of sales) has been very anemic," she further wrote.

她进一步写道:“消费者往往更倾向于在母亲节等大型赠礼节日表现,但FLWS的日常赠礼业务(占销售额的大多数)非常疲软。”

FLWS Price Action: Shares of 1-800-Flowershad declined by 9.09% to $10.00 at the time of publication on Wednesday.

FLWS股价:周三发布时,1-800-flowers的股价下跌了9.09%,至10.00美元。

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Image: Shutterstock

图片:shutterstock

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