13.88 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||13.89 x 800|
|Ask||13.91 x 800|
|Day's Range||13.73 - 13.98|
|52 Week Range||10.07 - 21.77|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||26.69|
|Earnings Date||Oct 31, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.00|
Company Will Donate 20% of the Net Proceeds* from Each Gift Purchased in the Collection, Invites Customers To Join in Sharing the Season CARLE PLACE, N.Y. , Oct. 22, 2019 /PRNewswire/ -- Today, 1-800-FLOWERS.COM, ...
1-800-FLOWERS.COM, Inc. , a leading provider of gifts designed to help customers express, connect and celebrate, today announced that the Company will release financial results for its fiscal 2020 first quarter on Thursday, October 31, 2019.
Today we are going to look at 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) to see whether it might be an attractive...
1-800-Flowers.com Inc (FLWS)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. Continue reading...
Bed Bath & Beyond (NASDAQ:BBBY) stock has long been a "value trap." The company has traded at a low valuation for years. But the company faces tough challenges. Amazon (NASDAQ:AMZN) and other e-commerce giants threaten its business model. But more aggressive investors are finding value in this deeply-discounted retailer.Source: Jonathan Weiss / Shutterstock.com Activist hedge funds (led by Legion Partners) have taken a position in BBBY stock. The activists had initial success shaking up the board, but investors soon lost interest in a BBBY turnaround. * 7 Discount Retail Stocks to Buy for a Recession Real catalysts are finally emerging as the company hired Goldman Sachs to help with asset sales. With BBBY stock selling at a fraction of its intrinsic value, interest from buyers may indicate short-term upside. Since making the announcement in late August, shares are up from $8.63 a share to $10.64 a share at the close Sept. 13. Does this mean its time to buy Bed Bath & Beyond stock? Let's see if there's additional upside on the table.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Unlocking Value With BBBY StockBack in March, a group of activists (Legion Partners, Marcellum Advisors, Ancora Advisors) took a position in BBBY stock. Their intent was to replace the current board with their hand-picked slate of directors. Shares soared from about $14 a share up to $19.57 a share. The activist group failed to completely takeover BBBY's board, but managed to get the CEO ousted and get several new directors added to the board.But the activist catalyst soon dissipated. Shares crashed, falling more than 50% from this 52-week high. But the activists may now have the chance to do their magic. The company hired Goldman Sachs to advise on offers for several BBBY subsidiaries.BBBY has short interest of 53%. This means short-sellers have taken bearish positions equal to more than half of the company's market cap. But any positive news at the company could lead to a share surge. This is due to short-sellers having to cover their positions.Selling non-core business would boost BBBY stock. The company could use the proceeds to do a share buyback. They could also use the money to fuel a turnaround. The company issued a press release on Sept. 4 detailing their strategy. Bed Bath & Beyond plans on closing under-performing stores and reducing inventory by $1 billion over the next 18 months.There seem to be interested buyers waiting in the wings. A former executive wants to buy BBBY's Cost Plus unit for $250 million. The company's Personalization Mall business has offers of $250-$300 million from 1-800-Flowers.com (NASDAQ:FLWS) and Things Remembered. Oak Street Real Estate wants to buy up BBBY's real estate.But what is the underlying value of Bed Bath & Beyond stock? Can the company profit from a corporate yard sale? Or is the upside already priced in? Let's take a look at the intrinsic value of BBBY stock. Bed Bath & Beyond Stock Valuation"Sum of the parts" is the best way to value BBBY stock. The company could easily sell its non-core retail chains. They could do a sale-leaseback of their company-owned real estate. Combined with inventory reductions, a material amount of capital could be extracted, all while maintaining the core Bed Bath & Beyond chain.Legion Partners detailed this in their July investor letter. Along with the flagship Bed Bath & Beyond chain, BBBY owns buybuyBABY, Cost Plus World Markets, Christmas Tree Shops, and Harmon Face Values. The company also owns over 4.4 million square feet of real estate. Legion gives a conservative valuation of $1.2 billion for the non-core chains. Their estimate of the underlying real estate value is $600 million.Bed Bath & Beyond has a market cap of $1.3 billion. The company has over $900 million in cash and short-term investments, and $3.78 billion in outstanding debt. Its enterprise value is $4.2 billion. Subtract the potential asset sales, and investors are essentially getting the flagship chain for free. Legion estimates the core business generates $500 million per year in EBITDA.However, most stock screeners include BBBY's $2.19 billion in short and long-term operating lease liabilities as debt. Legion Partner's estimates exclude this amount. Keep this in mind when using their valuation metrics, however, Legion also estimates the company could double EBITDA to $1 billion a year. Assigning a 6.2x EBITDA multiple values the core business at $6.5 billion. Subtracting the lease liabilities would leave investors with approximately $4.3 billion valuation, more than three times the company's current market value. BBBY Stock Worth A ConsiderationBBBY stock is not a slam-dunk value play. The company is undervalued, but the numbers are not as crystal clear as Legion Partners implies. The company faces tough competitive headwinds. Its planned turnaround may not pay off.But with a high level of short interest, a spate of good news could push shares higher. It could take years for Bed Bath & Beyond stock to completely turnaround. At the current valuation levels, however, there is sufficient margin of safety for aggressive investors to take a position.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post Activist Investors Could Unlock Value of BBBY Stock appeared first on InvestorPlace.
SAN FRANCISCO, Sept. 11, 2019 -- 1-800-FLOWERS.COM, Inc. (FLWS:NASDAQ) has developed a profitable Celebratory Ecosystem comprised of e-commerce mainstays including Harry &.
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) shareholders might be concerned after seeing the share price drop 25% in the...
1-800-Flowers.com Inc. said Tuesday it plans to hire more than 8,000 seasonal employees for the holiday season, which will effectively nearly quadruple its workforce, the company said. The gourmet food and gift provider said hiring is already underway at its Harry & David, Cheryl's Cookies and The Popcorn Factory businesses, with seasonal positions including full-time and part-time positions. Most of the seasonal jobs are being offered in Illinois, Ohio and Oregon. The company said the seasonal employees may be considered for permanent positions once the holiday season concludes. The stock, which is still inactive in premarket trading, has tumbled 18.7% over the past three months while the S&P 500 has advanced 6.6%.
Leading Gourmet Food and Gift Provider Offering Robust Incentive Programs to Attract Holiday Team Members Across Its Family of Brands CARLE PLACE, N.Y. , Sept. 3, 2019 /PRNewswire/ -- 1-800-FLOWERS.COM, ...
Shares of 1-800-Flowers.com Inc. sank 11.6% in Thursday trading after the retailer reported a fiscal fourth-quarter loss. The company had a net loss of $8.3 million, or 13 cents per share, after a loss of $8.2 million, or 13 cents per share, the previous year. Revenue of $259.4 million was up from $229.9 last year. The FactSet consensus was for a 14-cent loss and sales of $259.0 million. For fiscal 2020, 1-800-Flowers is forecasting revenue growth of 8% to 9%. The FactSet guidance is for revenue of $1.32 billion, which implies about 5.7% growth from the previous year. 1-800-Flowers stock is up 40% for the year to date while the S&P 500 index is up 16.5% for the period.
1-800-Flowers.com (FLWS) delivered earnings and revenue surprises of 13.33% and 1.49%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, NY / ACCESSWIRE / August 22, 2019 / 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS ) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on August 22, 2019 at 11:00 ...
1-800-Flowers.com (NASDAQ: FLWS ) reported fourth-quarter losses of 12 cents per share, which beat the analyst consensus estimate by 2 cents. The company reported quarterly sales of $259.4 million, which ...
The stock price of the direct order flower and gift retailer plunges after 1-800-Flowers.com post a loss of $8.3 million in its fiscal fourth quarter.
1-800-Flowers.com (NASDAQ: FLWS ) announces its next round of earnings this Thursday, August 22. Here's Benzinga's look at 1-800-Flowers.com's Q4 earnings report. Earnings and Revenue Wall Street analysts ...
The Zacks Analyst Blog Highlights: Sea, Target, 1-800-FLOWERS.COM, Burlington and Cooper Companies
New Offerings Include the Hottest Trending Houseplants, Seasonal Succulents, Plus "Green Thumb" Content and Resources for Plant Parents CARLE PLACE, N.Y. , Aug. 20, 2019 /PRNewswire/ -- The ...
1-800-Flowers.com, Macy???s, Power Integrations, NeoPhotonics and Taiwan Semiconductor highlighted as Zacks Bull and Bear of the Day