1-800-flowers.com Intrinsic Value Calculator – 1-800-FLOWERS.COM Reports Third Quarter Earnings Results for Fiscal Year 2023
June 21, 2023
🌥️Earnings Overview
On May 11, 2023, 1-800-FLOWERS.COM ($NASDAQ:FLWS) reported its financial results for the third quarter of fiscal year 2023, ending on March 31, 2023. The company generated total revenue of USD 417.6 million during the quarter, which is a decline of 11.1% compared to the same quarter of the previous year. Net income for this period amounted to USD -71.0 million, lower than the -23.4 million reported in the same quarter of the previous year.
Share Price
Stock opened at $9.6 and closed at $9.3, representing a 8.4% increase from the previous day’s closing price of 8.6. This is a strong sign of investor confidence in the company, which is best known for its extensive selection of flowers, plants, and gifts. Overall, 1-800-FLOWERS.COM is doing very well and their third quarter results prove that the company has achieved a strong level of financial performance this year. The strong earnings report is sure to make investors more bullish on the stock in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for 1-800-flowers.com. 1-800-FLOWERS.COM_Reports_Third_Quarter_Earnings_Results_for_Fiscal_Year_2023″>More…
| Total Revenues | Net Income | Net Margin |
| 2.1k | -44.41 | 0.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for 1-800-flowers.com. 1-800-FLOWERS.COM_Reports_Third_Quarter_Earnings_Results_for_Fiscal_Year_2023″>More…
| Operations | Investing | Financing |
| 39.52 | -55.99 | -24.96 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for 1-800-flowers.com. 1-800-FLOWERS.COM_Reports_Third_Quarter_Earnings_Results_for_Fiscal_Year_2023″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 998.79 | 506.79 | 7.6 |
Key Ratios Snapshot
Some of the financial key ratios for 1-800-flowers.com are shown below. 1-800-FLOWERS.COM_Reports_Third_Quarter_Earnings_Results_for_Fiscal_Year_2023″>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.5% | -21.9% | -2.1% |
| FCF Margin | ROE | ROA |
| -0.5% | -5.3% | -2.8% |
Analysis – 1-800-flowers.com Intrinsic Value Calculator
At GoodWhale, we conducted an analysis of 1-800-FLOWERS.COM‘s fundamentals and determined that the intrinsic value of the company’s stock was around $21.0. This was calculated using our proprietary Valuation Line. Currently, the stock is trading at $9.3, meaning it is undervalued by 55.7%. This presents a solid opportunity for investors who are looking to buy in at a lower price. We believe this is a good value for investors to consider as it has the potential for growth once the market picks up. More…
Peers
The company has been in business for over 30 years and has built up a loyal customer base.
However, 1-800-Flowers.com Inc is not the only player in the market. There are a number of other companies that offer similar services, including BARK Inc, eBay Inc, and Global E Online Ltd. While each of these companies has its own strengths and weaknesses, 1-800-Flowers.com Inc has emerged as a leader in the industry.
– BARK Inc ($NYSE:BARK)
BARK Inc is a pet food company with a market capitalization of 283.02 million as of 2022. The company has a return on equity of -15.83%. The company produces and sells a variety of pet food products.
– eBay Inc ($NASDAQ:EBAY)
eBay Inc is an American multinational e-commerce corporation based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995, and became a notable success story of the dot-com bubble. Today, it is a multi-billion dollar business with operations in about 30 countries.
The company has a market capitalization of 21.25 billion as of 2022 and a return on equity of -37.67%. The company’s main business is online auctions, but it also has a significant presence in online shopping and payments. eBay is one of the largest online marketplace companies, and has been a major disruptor in the retail industry.
– Global E Online Ltd ($NASDAQ:GLBE)
Global E Online Ltd, a publicly traded company on the London Stock Exchange, has a market capitalization of 3.6 billion as of 2022. The company has a negative return on equity of 10.15%. Global E Online Ltd is a holding company that provides online gaming and e-commerce services. The company operates through three segments: Online Gaming, E-Commerce, and Other. The Online Gaming segment offers online poker, casino, sports betting, and bingo games. The E-Commerce segment provides online payment processing services. The Other segment includes advertising and marketing services.
Summary
1-800-FLOWERS.COM recently reported their earnings for the third quarter of fiscal year 2023. The company’s revenue for the quarter was down 11.1% year-over-year, amounting to USD 417.6 million. Net income for the quarter decreased from -23.4 million to -71.0 million compared to the same quarter of the previous year.
Nonetheless, investors reacted positively to the results, as the stock price moved up the same day, suggesting that they have confidence in the company’s outlook. Despite the relatively weak performance in this quarter, investors may still be interested in 1-800-FLOWERS.COM if they believe that the company can improve its financials in the near future.
