1-800-Flowers.com reported a 12.9% decline in fourth-quarter revenue to $293.1 million, with full-year revenue down 10.8% to $1.5 billion and adjusted EBITDA for fiscal 2026 falling to $2.9 million from $29.2 million a year earlier. Within the quarter, Consumer Floral & Gift revenue fell 13.4% and Gourmet Foods & Gift Baskets dropped 15.4% on Easter timing, while the BloomNet segment rose 1.9%. The company said it completed its original $50 million run-rate cost savings target ahead of plan and has identified an additional $15-$20 million of opportunities across cost of goods sold and operating expenses, to be executed in fiscal 2027 with full benefit in fiscal 2028. For fiscal 2027, 1-800-Flowers.com expects revenue to decline in the mid-single-digit range and adjusted EBITDA of $10 million to $15 million, including approximately $12 million of additional variable compensation expense versus fiscal 2026. Executive Chairman James McCann said the company is evaluating potential divestitures of non-strategic assets and a capital raise with Guggenheim Securities, alongside an amended credit facility that provides additional covenant flexibility.
1-800 FLOWERS.COM IncQ4 revenue fell 12.9% and adjusted EBITDA collapsed to $2.9M from $29.2M, with FY2027 guidance of only $10-$15M EBITDA.
