FLWS

In May 2026, FLWS reported its fiscal 2026 third-quarter results, showing an 11.6% decrease in total consolidated revenues to $293.0 million due to a strategic shift to improve marketing effectiveness and profitability, with the Consumer Floral & Gifts segment declining by 18.7% and Gourmet Foods & Gift Baskets revenues remaining flat. In September 2026, the company reported fiscal 2026 fourth-quarter and year-end results, with net revenues for the fiscal year at $1.50 billion, down 10.8% year-over-year, and a net loss of $134.8 million, which included a $45.2 million non-cash goodwill and intangible impairment charge. Adjusted EBITDA for fiscal 2026 significantly fell to $2.9 million from $29.2 million in fiscal 2025. Following these results, the company announced it was evaluating capital-raising options, including debt or equity financing and divestitures, to optimize its capital structure and support strategic initiatives. Management also projected a mid-single-digit decline in net revenues for fiscal year 2027. These financial results and outlook led to a negative stock performance, with the stock declining 56.1% over the twelve months to September 18, 2026.