1-800-FLOWERS.COM, Inc. told investors on its fourth-quarter fiscal 2026 earnings call that revenue is expected to decline in the mid-single-digit range for fiscal 2027, with adjusted EBITDA guidance of $10 million to $15 million. That EBITDA figure includes a $12 million headwind from incremental variable compensation compared to the prior year, and the bridge from $2.9 million in reported EBITDA starts with $50 million in run-rate cost savings and the roll-off of consulting fees. The company said it hit its original $50 million two-year cost savings target within one year and has identified an additional $15 million to $20 million in cost-saving opportunities across COGS and OpEx to be executed in fiscal 2027, with full benefits realized in fiscal 2028. It amended its credit facility for greater covenant relief and flexibility to retain proceeds from potential asset sales, and retained Guggenheim Securities to evaluate capital-raising options including potential debt or equity financing and divestitures of non-strategic assets. Fourth-quarter gross margin was hurt by sales deleveraging and higher commodity costs, partially offset by an approximately $7 million benefit from tariff refunds, while cocoa prices remain a year-over-year headwind.
1-800 FLOWERS.COM IncGuides fiscal 2027 revenue decline and adjusted EBITDA of only $10M-$15M, with Q4 gross margin hurt by sales deleveraging and higher commodity costs.
