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Why 1-800-Flowers.com Stock Rallied Today
['Joe Tenebruso', 'Https', 'Www.Facebook.Com Themotleyfool']
The Motley Fool
Shares of 1-800-Flowers.com (FLWS +14.60%) popped on Thursday after the floral arrangement and gift basket retailer delivered high-than-expected profits.
As of 1:35 p.m. EST, 1-800-Flowers.com's stock price was up more than 18%.
A focus on efficiency1-800-Flowers.com's revenue fell 9.5% year over year to $702.2 million in its fiscal 2026 second quarter, which ended on Dec. 28.
This enabled 1-800-Flowers.com to further cut costs by reducing its workforce.
"These actions are strengthening our operating foundation and better positioning the company to achieve sustainable, profitable growth," Villagomez said.