1-800-FLOWERS.COM Reports Q2 Revenue Decline and Weak H2 Outlook Amidst Transformation

summarizeSummary

1-800-FLOWERS.COM, Inc. announced its fiscal Q2 2026 results, reporting a 9.5% revenue decrease and a decline in Adjusted EBITDA, despite an increase in net income. The company also provided a weak outlook for the second half of the fiscal year, projecting further revenue declines.

check_boxKey Events

• Fiscal Q2 2026 Revenue Decline

  Total consolidated revenues decreased 9.5% to $702.2 million for the quarter ended December 28, 2025, compared to the prior year period.

• Mixed Profitability in Q2

  Net income for the quarter increased to $70.6 million ($1.10 diluted EPS) from $64.3 million ($1.00 diluted EPS) in the prior year, but Adjusted EBITDA declined to $98.1 million from $116.3 million.

• Weak Second Half Outlook

  The company expects revenue for the second half of Fiscal Year 2026 to decline in the low double-digit range and Adjusted EBITDA to decline slightly year-over-year.

• Strategic Transformation Underway

  Management emphasized that Fiscal Year 2026 is a 'pivotal period of foundation setting,' focusing on cost-optimization, organizational streamlining, and improving marketing effectiveness.

auto_awesomeAnalysis

1-800-FLOWERS.COM, Inc. reported a significant 9.5% decline in consolidated revenues for its fiscal second quarter, primarily attributed to a strategic shift aimed at improving marketing effectiveness and profitability. While net income and diluted EPS saw an increase, Adjusted EBITDA decreased, indicating ongoing operational challenges. The company's outlook for the second half of Fiscal Year 2026 projects a continued low double-digit revenue decline and a slight decrease in Adjusted EBITDA, signaling a challenging period ahead as the company focuses on its 'foundation setting' transformation. Investors should monitor the effectiveness of the cost-optimization and organizational-streamlining efforts against the backdrop of persistent top-line pressure.