Inside Long Island Business
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1-800-Flowers reports loss in first quarter
Photo credit: Danielle Finkelstein
1-800-Flowers reported a $4.6 million loss in the past quarter compared to a loss of $740,000 in the same period last year. Sales for the Carle Place-based florist last quarter were $120.9 million, an increase from $117.2 million in 2011.
The company attributed to the low figures to the lack of a gifting holiday over the summer months which the quarter covered.
The past quarter saw a...
