Earnings release
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Exhibit 99.1 1-800-FLOWERS.COM , Inc. Reports Record Revenue and Earnings Results for its Fiscal 2021 Third • Quarter Total net revenues increased 70.1 percent to $ 474.2 million , compared with total revenues of $ 278.8 million in the prior year period , driven by ecommerce growth of 83.2 percent . • Net Income for the quarter increased $ 11.1 million to $ 1.4 million , or $ 0.02 per share , compared with a net loss of $ 9.7 million , or a loss of $ 0.15 • per diluted share in the prior year period . On an adjusted basis , net income for the quarter was $ 1.5 million , or $ 0.02 per share , compared with an adjusted net loss of $ 9.0 million , or a loss of $ 0.14 per share , in the prior year period . Adjusted EBITDA¹ for the quarter increased $ 17.8 million to $ 15.4 million , compared with a loss of $ 2.4 million in the prior year period . • Company guides to 10 - to - 15 percent revenue growth for its fiscal fourth quarter and approximately 40 percent for its full 2021 fiscal year . Company also states that it anticipates double - digit revenue growth will continue in its next fiscal year . ( 1 Refer to " Definitions of Non - GAAP Financial Measures " and the tables attached at the end of this press release for reconciliation of Non - GAAP results to applicable GAAP results . ) CARLE PLACE , N.Y .-- ( BUSINESS WIRE ) -- April 29 , 2021--1-800-FLOWERS.COM , Inc. ( NASDAQ : FLWS ) , a leading e - commerce provider of products and services designed to inspire more human expression , connection , and celebration , today reported results for its Fiscal 2021 third quarter ended March 28 , 2021 . Chris McCann , CEO of 1-800-FLOWERS.COM , Inc. , said “ The record top and bottom - line results for our fiscal third quarter reflect the strength of the ecommerce platform that we have built to drive solid , sustainable growth . The strong results for the quarter represent a continuation of the momentum that we have been building over the past several years . In addition , the acceleration provided by COVID has resulted in profound shifts in consumer behavior that our massive database , strong brand portfolio , and leading - edge technology will turn into a new era of growth .