1-800-FLOWERS (FLWS): Earnings Report Preview
Earnings Date: Tomorrow, Before Market Open
What to Expect:
* Revenue: Analysts predict a 2.4% year-over-year decline to $802.5 million.
* Adjusted Earnings: Expected at $1.19 per share.
Recent Performance:
* Missed revenue estimates in the previous quarter by 1.6%.
* Full-year EBITDA guidance exceeded analysts' forecasts.
Analyst Sentiment:
* Estimates have largely remained unchanged in the past 30 days.
* 1-800-FLOWERS has missed revenue estimates from Wall Street six times in the last two years.
Peer Performance:
* Nike (NKE) reported a 7.7% year-over-year revenue decline, but exceeded expectations.
* VF Corp's (VFC) revenue increased 1.9%, surpassing estimates.
Market Sentiment:
* Positive sentiment in the consumer discretionary sector, with share prices rising 5.1% on average over the past month.
* 1-800-FLOWERS has gained 11.4% during this period.
Analyst Price Target:
* $10.88, compared to the current share price of $9.10.