1-800-FLOWERS.COM (FLWS) has just posted its Q2 2026 results, reporting revenue of US$702.2 million and basic EPS of US$1.11, alongside net income of US$70.6 million. The company has reported quarterly revenue ranging from US$215.2 million to US$775.5 million over the past six periods, with EPS moving between a loss of US$2.80 and a profit of just over US$1.00 per share. This highlights how sensitive margins have been to seasonal volumes and cost control. For investors, the latest quarter puts profitability back in focus. The key question now is how durable these margins are likely to be.

See our full analysis for 1-800-FLOWERS.COM.

With the headline numbers on the table, the next step is to see how this earnings release compares with the prevailing bull and bear narratives around growth, profitability and risk for FLWS.

Trailing Twelve Months Still Show US$212.6m Loss

• Across the last twelve months, FLWS generated US$1,585.5 million in revenue but reported a net loss of US$212.6 million, with trailing EPS at a loss of US$3.34 per share as of Q2 2026.
• What stands out for a bearish view is that this US$212.6 million loss comes after several loss making quarters, including Q1 2026 net income of a US$53.0 million loss and Q3 2025 net income of a US$178.2 million loss, which heavily supports concerns about a business that is still working through sustained profitability challenges.
  • Bears often focus on patterns like the trailing twelve month loss of over US$200 million alongside the Q1 2026 and Q3 2025 losses, because it shows that one profitable holiday quarter has not yet offset weaker periods.
  • The shift from a Q2 2025 profit of US$64.3 million to a trailing twelve month loss of US$212.6 million gives them concrete evidence that the recent track record has been pressured despite periods of higher seasonal revenue.

On a day when FLWS has just reported US$70.6 million of quarterly profit, many investors are still wrestling with the US$212.6 million loss over the last year, and that tension is exactly what skeptics are watching. 🐻 1-800-FLOWERS.COM Bear Case

Q2 Profit Sits Against Five Year Loss Trend

• For Q2 2026, FLWS earned US$70.6 million of net income on US$702.2 million of revenue, yet over the past five years earnings have declined at about 81.7% per year, leaving the business unprofitable on a trailing twelve month basis.
• Supporters and critics can both point to this mix, because the 81.7% annual deterioration in earnings and the current trailing loss contrast sharply with a single profitable quarter, which challenges a bullish claim that one strong holiday season alone signals a clear turnaround.
  • Bulls may highlight that FLWS has now produced more than US$70 million of profit in a single quarter twice in the last two holiday periods, but the five year earnings decline rate and the current trailing loss mean the longer record still leans toward pressure rather than steady improvement.
  • Critics highlight that Q1 2026 and Q4 2025 were both loss making with net income losses of US$53.0 million and US$51.9 million, so they see the Q2 profit as part of a seasonal pattern rather than firm evidence of a new, sustained earnings base.

Cheap 0.2x P/S Versus DCF Fair Value

• FLWS trades on a P/S of 0.2x compared with 6.9x for peers and 0.5x for the US Specialty Retail industry, yet the current share price of US$4.63 sits above the provided DCF fair value of US$3.42.
• For a more bullish angle, some investors argue the 0.2x P/S multiple looks low versus peers, but the comparison between the US$4.63 share price and the US$3.42 DCF fair value, along with the trailing twelve month loss of US$212.6 million, makes that low sales multiple harder to interpret as a clear bargain.
  • The gap between a P/S of 0.2x and peer levels near 6.9x can draw attention from value focused investors, yet the DCF figure that sits below the current price suggests the market is already pricing in more than those modeled cash flows.
  • When you line up the low P/S, the DCF fair value of US$3.42 and the recent record of loss making trailing earnings, it becomes clearer why some investors see FLWS as statistically cheap on sales while still being cautious about the underlying cash generation.

If you are trying to square the low 0.2x P/S with that US$3.42 DCF fair value and the recent loss record, the full community narrative can help you see how different investors are connecting those dots. 📊 Read the full 1-800-FLOWERS.COM Consensus Narrative.

Next Steps

Don't just look at this quarter; the real story is in the long-term trend. We've done an in-depth analysis on 1-800-FLOWERS.COM's growth and its valuation to see if today's price is a bargain. Add the company to your watchlist or portfolio now so you don't miss the next big move.

See What Else Is Out There

FLWS has a trailing twelve month net loss of US$212.6 million, an 81.7% annual earnings decline and profits heavily tied to one peak seasonal quarter.

If you would rather focus on businesses with steadier earnings power across cycles, check out our stable growth stocks screener (2171 results) today to find companies with more consistent revenue and profit trends than this kind of stop start record.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.