JERICHO, N.Y. (AP) — JERICHO, N.Y. (AP) — 1-800-Flowers.com Inc. (FLWS) on Thursday reported a loss of $54.3 million in its fiscal first quarter.
The Jericho, New York-based company said it had a loss of 85 cents per share. Losses, adjusted to account for discontinued operations and non-recurring costs, were 78 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 57 cents per share.
The flower and gift retailer posted revenue of $171.4 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $196.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLWS at https://www.zacks.com/ap/FLWS
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