Gifts Retailer 1-800-FLOWERS Q4 Earnings Miss Expectations As Consumers Tighten Spending, CFO Bill Shea To Retire
Gifts Retailer 1-800-FLOWERS Q4 Earnings Miss Expectations As Consumers Tighten Spending, CFO Bill Shea To Retire
Thursday, 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) reported fourth-quarter 2024 earnings below the expectations.
週四，1-800-flowers.com，Inc.（納斯達克:FLWS）報告稱2024年第四季度收益低於預期。
1-800-Flowers.com, a floral and food gift retailer and distributor, reported a fourth-quarter adjusted EPS loss of 34 cents, missing the consensus estimate of 27 cents loss.
1-800-flowers.com是一家花卉和食品禮品零售商和分銷商，報告第四季度調整後的每股虧損爲34美分，低於27美分的共識估計。
The company reported sales of $360.9 million, down 9% year over year, missing the consensus of $374.4 million.
公司報告銷售額36090萬美元，同比下降9%，低於37440萬美元的共識。
Also Read: 1-800-Flowers Analyst Warns Bloomberg Debit Card Data Shows Unfavorable Trends.
也可以閱讀：1-800-flowers.com分析師警告彭博社借記卡數據顯示不利趨勢。
"In a dynamic consumer environment that impacted discretionary consumer spending, especially amongst lower-income households, our organization was able to grow year-over-year adjusted EBITDA, which benefitted from our significant gross margin recovery and our expense optimization efforts that more than offset the top line decline," said Jim McCann, Chairman, and CEO.
"在影響自發消費者支出的動態消費環境中，特別是在低收入家庭中，我們的組織能夠實現年度調整後EBITDA的增長，這得益於我們顯著的毛利率恢復和我們的費用優化努力，這彌補了收入下降的部分。"吉姆·麥凱恩（Jim McCann），主席兼首席執行官說。
The gross profit margin increased 130 basis points to 38.4%, compared with 37.1% in the prior year, due to lower freight costs, a decline in certain commodity costs, and the company's logistics optimization efforts.
毛利潤率提高了130個點子，達到38.4%，而上一年爲37.1%，這是由於運費成本降低、某些商品成本下降以及公司的物流優化工作。
The operating expenses declined by $5.8 million to $166.2 million. Adjusted EBITDA loss for the quarter was $8.8 million, compared with an Adjusted EBITDA loss of $6.6 million in the prior year.
營業費用下降580萬美元，爲16620萬美元。本季度調整後的EBITDA虧損爲880萬美元，而去年同期調整後的EBITDA虧損爲660萬美元。
Gourmet Foods and Gift Baskets revenues declined 12.8% to $105.2 million. Revenue from the Consumer Floral & Gifts segment fell 6.7% to $231.6 million.
美食和禮品籃的營收下降了12.8%，至10520萬美元。消費者花卉和禮品部門的收入下降了6.7%，至23160萬美元。
BloomNet revenues declined 18.7% to $24.4 million, impacted by the lower volume of lower-margin orders processed by BloomNet.
BloomNet的營業收入下降了18.7%，達到2440萬美元，受到BloomNet處理的低利潤訂單數量減少的影響。
Management: 1-800-FLOWERS.COM also announced that Bill Shea has confirmed his intention to retire as Chief Financial Officer, effective December 29, 2024. The company has appointed James Langrock as the new CFO.
管理層：1-800-flowers.com還宣佈，比爾·謝伊確認其將在2024年12月29日退休，不再擔任首席財務官。該公司任命詹姆斯·蘭格羅克擔任新的首席財務官。
Guidance: For Fiscal 2025, with a sustained, challenging consumer environment, the company expects revenue trends to improve as the fiscal year progresses, benefitting from the expanded product offerings, broadened price points, and enhanced user experience combined with increased marketing spend.
指導：在2025財年中，由於持續的艱難的消費者環境，公司預計收入趨勢將在財年推進過程中得到改善，受益於產品種類的擴大，價格區間的擴大，以及提升了用戶體驗的同時結合了增加的營銷開支。
The company expects 2025 revenues to be flat to a decrease in the low-single digits, as compared with the prior year;
公司預計2025年的收入將與上一年持平或下降一個個位數。
The company expects adjusted EBITDA of $85 million—$95 million and free cash flow of $45 million—$55 million.
公司預計調整後的每股收益爲8500萬至9500萬美元，自由現金流爲4500萬至5500萬美元。
Price Action: FLWS stock is down 12.40% to $7.88 at the last check on Thursday.
股票價格走勢：FLWS股票在週四的最後一次查詢時下跌了12.40%，至7.88美元。
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