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    1-800-Flowers.Com Inc (FLWS)

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    1-800-FLOWERS.COM, Inc. (FLWS) is a leading e-commerce company specializing in thoughtful gifting solutions. The company offers a wide range of products, including floral arrangements, personalized gifts, gourmet foods, and gift baskets, designed to help customers celebrate and connect. With a diverse portfolio of brands, FLWS serves both individual consumers and businesses through its innovative gifting services and loyalty programs.

    1. Gourmet Foods & Gift Baskets - Offers premium food gifts and gift baskets through brands like Harry & David, Cheryl's Cookies, The Popcorn Factory, and Shari's Berries, catering to customers seeking high-quality, celebratory food products.

      • Harry & David - Specializes in gourmet foods, fruits, and gift baskets.
      • Cheryl's Cookies - Provides a variety of cookies and baked goods.
      • The Popcorn Factory - Focuses on popcorn-based gifts and snacks.
      • Shari's Berries - Offers chocolate-dipped strawberries and other confections.
    2. Consumer Floral & Gifts - Provides floral arrangements, personalized gifts, and celebratory products through brands like 1-800-Flowers.com, PersonalizationMall.com, and Things Remembered.

      • 1-800-Flowers.com - Flagship brand offering floral arrangements and bouquets.
      • PersonalizationMall.com - Specializes in personalized gifts for various occasions.
      • Things Remembered - Focuses on engraved and customized keepsakes.
    3. BloomNet - Delivers services and products to floral and gift industry professionals, helping them grow their businesses profitably. Includes offerings like Napco for floral gifts and Card Isle for e-commerce greeting cards.

    NamePositionStart DateShort Bio
    James F. McCannExecutive Chairman of the Board, Chief Executive OfficerJuly 2023James F. McCann, age 73, is the founder of 1-800-FLOWERS.COM, Inc. and has been in the floral industry since 1976. He served as Chairman and CEO until June 2016, and was reappointed CEO in July 2023.
    Thomas G. HartnettPresident, 1-800-FLOWERS.COM, Inc.April 2022Thomas G. Hartnett joined the company in 1991 and has held various roles, including Group President of Consumer Floral and Gifts, and President of Consumer Floral. He was a CPA with Ernst & Young LLP before joining.
    William E. SheaSenior Vice President, Treasurer, and Chief Financial OfficerSeptember 2000William E. Shea has been with 1-800-FLOWERS.COM, Inc. since April 1996. He was a CPA with Ernst & Young LLP before joining the company. He will retire on December 29, 2024.
    Michael R. ManleySenior Vice President, General Counsel, and Corporate SecretaryJuly 2018Michael R. Manley joined 1-800-FLOWERS.COM, Inc. in July 2018. He was previously a partner at Venable LLP and has held various legal and compliance roles in other companies.
    Arnold P. LeapChief Information OfficerNovember 2013Arnold P. Leap has over 30 years of experience in the technology sector. Before joining 1-800-FLOWERS.COM, Inc., he was EVP and CTO at Direct Insite Corp. starting in November 2000.
    Jonathan FeldmanPresident, BloomNetJune 27, 2024Jonathan Feldman joined as President of BloomNet in June 2024. He previously held leadership roles at Clear Secure, Inc., GoBrands Inc. (Gopuff), and Uber Technologies, Inc..
    Joseph RowlandGroup President, Gourmet Foods & Gift BasketsJuly 2022Joseph Rowland joined 1-800-FLOWERS.COM, Inc. in July 2022. He was previously President at Puritan's Pride and held various roles at Bed Bath & Beyond.
    1. "Given that your revenue guidance remains flat to down mid-single digits for fiscal 2025 , despite expecting a $20 million increase in wholesale revenues in Q2 , what specific strategies are you implementing to drive sustainable top-line growth in the face of ongoing consumer uncertainty and declining transaction counts?"

    2. "The BloomNet segment experienced a significant revenue decline of 20.1% due to the loss of a key business partner who merged with a competitor , how confident are you in fully recovering this lost revenue, and what measures are you taking to mitigate the impact of such consolidations on your network in the future?"

    3. "While you've locked in cocoa prices above historical levels but below current market rates , considering commodity cost pressures and inflation persist, how do you plan to manage gross margins in your Gourmet Foods and Gifts segment without compromising on product quality or passing excessive costs to customers?"

    4. "With Average Order Value decreasing by 1.5% due to broadened price points , how do you plan to balance attracting price-sensitive consumers with lower-priced offerings while maintaining profitability and not eroding your premium brand positioning?"

    5. "Given the increased media costs due to the election cycle and your plan to increase marketing spend in Q2 , how are you ensuring that your marketing investments yield a sufficient return on ad spend, and what contingency plans do you have if customer acquisition costs remain elevated?"

    Program DetailsProgram 1Program 2
    Approval DateApril 22, 2021February 3, 2022
    End Date/DurationN/AN/A
    Total Additional Amount$40.0 million $40.0 million
    Remaining Authorization$0.0 million $20.3 million
    DetailsGeneral market conditions, capital structure management, return value to shareholders General market conditions, capital structure management, return value to shareholders