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In recent transactions involving 1-800-Flowers.com Inc. (NASDAQ:FLWS), Fund 1 Investments, LLC, along with its affiliates, has acquired a significant amount of the company’s Class A Common Stock. According to the latest SEC Form 4 filing, a total of 335,500 shares were purchased over several days, amounting to approximately $2.31 million. The shares were bought at prices ranging from $6.62 to $6.96 per share. Currently trading at $6.46, near its 52-week low of $6.43, InvestingPro analysis suggests the stock is slightly undervalued with a market capitalization of $412 million.
Fund 1 Investments, LLC, in conjunction with PLP Funds Master Fund LP and Pleasant Lake Partners LLC, now holds a substantial stake in 1-800-Flowers. These transactions, executed between February 27 and March 3, 2025, have increased their total ownership to over 7.6 million shares. InvestingPro data shows the company maintains healthy liquidity with a current ratio of 1.51 and operates with moderate debt levels.
The purchases reflect the investment strategy of Fund 1 Investments and its affiliates, who are ten percent owners of the company. While the transactions do not grant them voting rights or direct control, they indicate a continued financial interest in the performance of 1-800-Flowers.com. Discover 10+ additional InvestingPro Tips and comprehensive valuation metrics in our detailed Pro Research Report.
In other recent news, 1-800-FLOWERS.COM reported its second-quarter fiscal year 2025 earnings, revealing a decline in revenue and earnings per share (EPS). The company posted a revenue of $775.5 million, which was below the anticipated $801.9 million, and an EPS of $1.08, missing the expected $1.20. The revenue shortfall was partly due to a $20 million impact from a systems issue in their food business, which is not expected to significantly affect Valentine’s Day sales. Following these results, 1-800-FLOWERS.COM reduced its full-year 2025 EBITDA guidance by 22%, setting the revised midpoint at $70 million. DA Davidson maintained a Neutral rating on the company, with a steady price target of $7.50, despite the downward revision in financial estimates. Additionally, 1-800-FLOWERS.COM has partnered with Uber Technologies (NYSE:UBER) to enhance delivery capabilities through Uber Direct, aiming to assist florists in managing demand surges during peak seasons. This partnership is operational in over 1,000 BloomNet network shops across the U.S., reflecting a strategic effort to improve delivery efficiency in the floral industry.
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