1-800-Flowers: Revenues from Florists Increases 45.5%

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CHR

Design matters
Nov 28, 2002
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Anaheim
www.avantegardens.com
State / Prov
CA
1-800-Flowers announced its Q2 results this morning.

1-800-FLOWERS.COM® Reports Strong Earnings Growth for Its Fiscal 2007 Second Quarter

McCann noted that the Company achieved double-digit revenue growth and improved profit contribution in its Consumer Floral, BloomNet Wire Service and Gourmet Food and Gift Basket businesses.

In terms of its key customer metrics, the Company said more than 2.6 million e-commerce customers placed orders during the fiscal second quarter of which 53 percent were repeat customers.

Floral Category
During the fiscal 2007 second quarter, revenues in this category increased 10.9 percent to $114.6 million compared to $103.3 million in the prior year period.

BloomNet
Revenues increased 45.5 percent to $9.6 million compared with $6.6 million in the year ago period. Gross margin increased 710 basis points to 59.9 percent compared with 52.8 percent in the prior year period.

Conference call at 11 am Eastern.
 
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