1-800-Flowers.com (FLWS) CEO On Earnings & SmartGift Acquisition

People want to celebrate Mom on Mother's Day this weekend, so we're here to help with that, notes CEO of 1-800-Flowers.com (FLWS), Chris McCann. He discusses the company's 3Q earnings, as its gross margin was seeing good improvements. He talks about how inflation has not been too troublesome for FLWS on the floral side, but has caused some issues on the food side. He also goes over how FLWS acquired SmartGift to help with corporate gifting. He then mentions the impact that the volatile labor market has had on FLWS. Tune in to find out more about the stock market today.

Trading 360

12 May 2023

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