secwatch.observer — SEC 8-K summary
======================================

Issuer:     1 800 FLOWERS COM INC (FLWS)
CIK:        0001084869
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001437749-25-015520
Event type: leadership
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1-800-Flowers names Adolfo Villagomez CEO; Q3 net loss $178M including $138M impairment
--------------------------------------------------------------------------------

- Revenue $331.5M, down 12.6% YoY; net loss $178.2M includes $138.2M goodwill impairment in Consumer Floral segment.
- Adjusted net loss $44.9M ($0.71 per share) vs $18.0M loss a year ago; Adjusted EBITDA loss $34.9M.
- Adolfo Villagomez appointed CEO effective May 12, 2025; founder Jim McCann becomes Executive Chairman.
- Villagomez receives $1M base salary, 100% target bonus, $3M signing equity grant vesting over 4 years.
- Credit agreement amended: revolver cut to $205M, interest margin +350 bps, minimum liquidity covenant through Dec 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084869/000143774925015520/0001437749-25-015520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084869/000143774925015520/flws20250507_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-015520

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer