1-800-FLOWERS.COM Q2 Profit Beats View; Reiterates 2015 Outlook - Quick Facts

(RTTNews) - 1-800-FLOWERS.COM Inc. (FLWS), a multi-channel retailer of gifts for all occasions, reported second-quarter net income of $45.77 million or $0.68 per share, up from $18.03 million or $0.27 per share in the year-ago period.

Excluding certain items, adjusted earnings from continuing operations were $0.83 per share, compared to $0.27 per share in the year-ago period. On average, four analysts polled by Thomson Reuters expected the company to report earnings per share of $0.80 for the quarter. Analysts' estimates typically exclude one-time items.

Quarterly revenues rose to $534.28 million from $266.34 million in the same period last year, reflecting the company's acquisition of Harry & David. Analysts expected the company to report revenues of $538.63 million.

The company reaffirmed its guidance for fiscal 2015, which includes anticipated benefits from the acquisition of the Harry & David business.

The company continues to expect adjusted profit for the year in a range of $0.45 to $0.50 per share and anticipates total net revenues from continuing operations in excess of $1.1 billion.

Street expects the company to report earnings of $0.47 per share for the year on revenues of $1.15 billion.