Recent Updates — FLWS
1-800-FLOWERS.COM, Inc. reported Fiscal 2026 full-year revenue of $1.50 billion, a 10.8% decline from the prior year, resulting in a net loss of $134.8 million per diluted share. The loss included a $45.2 million non-cash goodwill and intangible impairment charge. Adjusted EBITDA for the fiscal year was $2.9 million. Concurrently, the company entered into a Third Amendment to its credit agreement with JPMorgan Chase Bank, N.A., extending covenant relief until June 2028 and permitting retention of up to $30.0 million in aggregate asset sale proceeds after making minimum term loan prepayments. Management is evaluating capital raising options, including potential debt or equity financings and divestitures, to optimize its capital structure. The company expects Fiscal 2027 net revenues to decline in the mid-single-digit range with adjusted EBITDA of $10 million to $15 million. 1-800-FLOWERS.COM, Inc. operates in the consumer discretionary sector as a leading e-commerce provider of floral, gourmet food, and gift products through its portfolio of brands.