1/31/12

E-commerce blooms 6.8% for 1-800-Flowers in Q2

Total revenue increased year over year 4.8%.

Mark Brohan , Research Director

Web sales grew in the second quarter for 1-800-Flowers.com Inc., but e-commerce as a share of total sales increased only slightly.

For the second quarter of fiscal 2012 ended Jan. 1, 1-800-Flowers, No. 45 in the Internet Retailer Top 500 Guide, reported:

The web accounted for 68.8% of sales in Q2 fiscal 2012, compared with 67.6% in the prior year.

For the first two quarters:

The web accounted for 68.3% of sales in the first two quarters of fiscal 2012, the same figure as the prior year. “As we look ahead to the second half of our fiscal year, which is largely floral in nature due to the Valentine and Mother's Day holidays as well as other spring gifting occasions, we believe we are well-positioned to build on the positive trends that we have seen since the second half of last year, particularly in terms of increasing revenues and gross margin in our consumer floral business," CEO Chris McCann says.

Topics:

1-800-Flowers, e-commerce sales, fiscal 2012, Jim McCann, Q2, Top 500

NEWS CATEGORIES Back to Top...