FTD Q1 Report?

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CHR

CHR

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Nov 28, 2002
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Anyone else but me wonder why FTD has yet to announce the results from Q1?

They've normally given the report (covering July-Sept sale) before the end of October.

What we know:
- Florist membership is decreasing in the US
- They lost some big OGs to 1-800
- They (Interflora) received a fair amount of negative press in the UK for the WebLoyalty partnership.
- Florist.com was rebranded with most references to FTD removed
- They were discounting and emailing offers like crazy the last week of September
- The stock is trending downward

Any guesses about the reason for the delay?
 
I have no speculation on this as I do notfollow the business news. I would like to take a minute to say thank you for providing these reports. It takes a lot of time to do this and even though I do not post on these reports, I do read them and follow them to the best of my ability. Big business is not my forte and I do not post because I feel it goes outside anything that I have knowledge on. I do appreciate the information that I may not otherwise find or seek out from these reports. Cathy, you're a gem....
 
CHR said:
They've normally given the report (covering July-Sept sale) before the end of October.



Any guesses about the reason for the delay?
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Probably still trying to figure out how to sugar coat the sinking aspect of the ship to make it *appear* that they are in control for Wall Street and any potential buyer (vapor buyer ;) )
 
Have you noticed the new .com site format? Looks real cheesy like some of the OG sites now.
 
According to Reuters, the earnings annoucement had been tentatively scheduled for today.

They did last year's Q1 earnings call on Halloween.

In 2006, FTD had the addition of Interflora, which helped improve retail sales for the quarter. The sale of Renaisance Greetings' was being used as part of the explanation for the decrease in the Florist segement sales.

About technolgy, I'd fogotten Soenen said:
I think we have run very lean with respect to the technology around here, and we are focused on keeping order processing costs low, focusing the cost of servicing our customers very low, but still providing kind of a superior experience for our customers...We are also seeing the technology cost continue to hold check while we are kind of able to flow increased order volumes through that.
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Do I hear 'Valentine's Day tech meltdown', anyone?

Oh yeah, and in the last month or so Soenen has sold more than $4.5M in stock.
 
CHR said:
According to Reuters, the earnings annoucement had been tentatively scheduled for today.

They did last year's Q1 earnings call on Halloween.

In 2006, FTD had the addition of Interflora, which helped improve retail sales for the quarter. The sale of Renaisance Greetings' was being used as part of the explanation for the decrease in the Florist segement sales.

About technolgy, I'd fogotten Soenen said:
Do I hear 'Valentine's Day tech meltdown', anyone?

Oh yeah, and in the last month or so Soenen has sold more than $4.5M in stock.
Click to expand...

Head of Interflora UK has sold more shares as well accroding to a Google alert I got.

C
 
Soenen's September Trades

Seems that Soenen has been selling...but also buying...and buying allot....

Many shares traded hands in September, Soenen sold may at $15.00 that he paid less than $3.00 for, but then he also bought many more at his option price of $3.00....
 
BOSS said:
Soenen's September Trades

Seems that Soenen has been selling...but also buying...and buying allot....

Many shares traded hands in September, Soenen sold may at $15.00 that he paid less than $3.00 for, but then he also bought many more at his option price of $3.00....
Click to expand...


It looks like he's about even, except for his restricted stock at the beginning of the month. The rest of the purchases were the offset to his option sales. The important thing is that all the big guys (and gals) are selling out. That's not a sign of confidence.
 
Bigted said:
It looks like he's about even, except for his restricted stock at the beginning of the month. The rest of the purchases were the offset to his option sales. The important thing is that all the big guys (and gals) are selling out. That's not a sign of confidence.
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Except he's selling at $15.00 and buying back at $3.00....
 
BOSS said:
Except he's selling at $15.00 and buying back at $3.00....
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No question he is making money. But, what you see is really one transaction broken into two parts. When the transaction starts he technically doesn't own any shares, just the right to buy them at $3.00. Part 1, he sells 100,000 shares at $15.00. Part 2 he buys 100,000 at $3.00 so that he can give the broker the shares he just sold. It happens almost simultaneously. In the end of this example he ends up with $1.2 million and no shares.
 
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CHR said:
Not yet.

FTD's stock price hit a 52 week low yesterday.

Compare FTD and 1-800-Flowers stock performances over the last year.
Click to expand...

1-800 is doing pretty bad right now. I'm guessing that investors are starting to factor in the impending economic slowdown. Make no mistake-- it's coming and all the interest rate cuts in the world can't stop it.
 
Bigted said:
I'm guessing that investors are starting to factor in the impending economic slowdown. Make no mistake-- it's coming and all the interest rate cuts in the world can't stop it.
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Thats a pretty good guess....!!

:treadonme will lead to :drunk: which will lead to :eek:oooops: which will lead to :ylinfant: which will lead to :boggles:
 
CHR said:
Not yet.

FTD's stock price hit a 52 week low yesterday.

Compare FTD and 1-800-Flowers stock performances over the last year.
Click to expand...

And the Dow was what....??? 13,930 yesterday (just off the top of my head). HMMMMMMM.

If you really want to learn about FTD's WS future, just ask your sales reps that sell you baskets, ribbon, silks, glass etc...

I always ask these ppl about the industry. With 100pct certainty, they all say flower shops are dumping FTD.

The only ones hanging on are those with FTD software.

joe
 
First Quarter Report

1st Quarter, 2008 results will be announced on Nov. 9th. Just got an email alert from FTD.
 
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