1-800-Flowers: Q4 Loss Blooms, Revenue Wilts?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sundays

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One Eight Hundred Flowers dot com wilts under pressure! A staggering $52 million loss in fiscal Q4 sends shockwaves through Wall Street, missing analyst expectations by a mile. Was it all thorns and no roses? Quarterly revenue bloomed slightly, but can it save the company from a $200 million full-year loss? Find out how consumer spending cuts and fierce online competition are impacting the flower giant and what the future holds. Hosted on Acast. See acast.com/privacy for more information.