secwatch.observer — SEC 8-K summary
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Issuer:     1 800 FLOWERS COM INC (FLWS)
CIK:        0001084869
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0001157523-22-000105
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1-800-FLOWERS Q2 revenue up 7.5% to $943M but net income falls 22% YoY; guidance revised lower
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- Q2 net revenues of $943.0M, up 7.5% YoY from $877.3M; net income $88.5M ($1.34/diluted) vs $113.7M ($1.71) prior year.
- Adjusted net income $88.6M ($1.34/diluted) vs $114.2M ($1.72); adjusted EBITDA $133.1M, down 19% from $164.3M.
- Revised FY2022 guidance: revenue growth 7-9%, adjusted EBITDA $140-150M, EPS $0.90-$1.00 per diluted share.
- Cost increases for shipping, labor, and digital marketing cited as primary headwinds to profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084869/000115752322000105/0001157523-22-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084869/000115752322000105/a52567271.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000105

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