What's in Store for 1-800 FLOWERS.COM (FLWS) in Q3 Earnings?

FLWS PXLW ETSY SHOP

1-800 FLOWERS.COM, Inc. (FLWS - Free Report) is set to report third-quarter fiscal 2020 results on Apr 30.

The Zacks Consensus Estimate for the third quarter has moved down 3 cents over the past 30 days to loss of 17 cents, wider than a loss of 16 cents reported in the year-ago quarter.

Notably, the company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average positive surprise being 13.7%.

Let’s see how things have shaped up for the upcoming announcement.

Factors to Note

1-800 FLOWERS.COM’s top line is expected to have benefited from the consistent performance in floral products and garden merchandise business.

Growth in Harry & David, the largest brand in the company’s largest segment, Gourmet, Food and Gift Baskets business has been driven by continued digital transformation of its marketing programs complemented by strong merchandising programs.

1-800 FLOWERS.COM, Inc. Price and EPS Surprise

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>