- Accesswire•9 days ago
Blog Coverage Gifting Retailer 1-800-FLOWERS.COM Sells its Fannie May Confectionary Brands to Ferrero International
Upcoming AWS Coverage on Winmark Post-Earnings Results LONDON, UK / ACCESSWIRE / March 17, 2017 / Active Wall St. blog coverage looks at the headline from 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS ) as the ...
- American City Business Journals•9 days ago
In a sweet deal, 1-800-Flowers.com Inc. sold Fannie May and Harry London chocolate brands to the maker of Nutella for $115 million. The Carle Place, New York-based flower delivery service revealed Wednesday it struck a deal to sell the chocolate brands to Italian chocolatier Ferrero International S.A., according to a statement from the company. The Fannie May and Harry London chocolate brands were part of 1-800-Flowers’ Fannie May Confections Brands unit.
- Reuters•9 days ago
Nutella maker Ferrero has signed a deal to buy U.S. confectioner Fannie May from online retailer 1-800-FLOWERS.COM for $115 million in a move to strengthen the Italian company's presence in the overseas market, they said in a joint statement. Fannie May, founded in Chicago in 1920, makes chocolate bars, praline and chocolate snacks that are sold mainly through 1-800-FLOWERS.COM. "The United States represents an important market with a high growth potential for Ferrero and we are excited to support the development of a great American brand," Ferrero Chief Executive Giovanni Ferrero said in a statement on Thursday.
FLWS : Summary for 1-800 FLOWERS.COM, Inc. - Yahoo Finance
1-800-FLOWERS.COM, Inc. (FLWS)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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|Bid||9.25 x 700|
|Day's Range||10.00 - 10.35|
|52 Week Range||6.74 - 11.40|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||24.75|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|