1-800-Flowers' revenue and profit up

James McCann, chief executive of 1-800-Flowers.com, said in a news release Jan. 26, 2012, the company has seen revenue increase in all three units -- consumer floral, gift and wire service -- in its latest quarter. (Nov. 18, 2010) Credit: Bloomberg News, 2010
Marketing and sales through social and mobile media helped 1-800-Flowers.com gain increases in revenue and profit for its most recent quarter ended Jan. 1, the Carle Place-based florist and gift retailer said.
The company earned $16.6 million on $239.8 million in sales; in the same quarter last year it earned $13.5 million on $228.8 million in sales.
Revenue grew in all three of its business segments, especially its consumer floral division, which increased 10.3 percent. It also showed growth in its two other businesses, the Bloomnet wire florist service and the gourmet food and gift baskets segment.
Its sale of 17 Fannie May chocolate shops to a franchisee was finalized during the quarter and added a $3.8 million in pretax gain, but the absence of income from the stores reduced earnings per share by about a penny.
"During the fiscal second quarter we achieved solid revenue growth across the enterprise," Jim McCann, the chief executive, said in a news release issued Thursday.
"This was driven, in large part, by strong performance in our consumer floral business, where we saw a continuation of positive trends in sales and gross margin," McCann said.
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