1-800 Flowers President & CEO Chris McCann interviewed by Advisor Access
May 08 2018 - 8:30AM
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) is a leading
provider of gifts for all celebratory occasions. The company’s
focus on customer experience as its “number one product” has
enabled it to become its customers’ go-to destination for gifting
solutions across e-commerce, mobile, and social-commerce channels.
Its commitment to investing and innovating to enhance customer
engagement has placed the company at the forefront of the
fast-growing “conversational commerce” space, which leverages “big
data” and artificial intelligence (AI) technology. The
1-800-FLOWERS.COM, Inc. family of brands includes Harry &
David®, The Popcorn Factory®, Cheryl’s Cookies®,
1-800-Baskets.com®, Wolferman’s®, Moose Munch®, Personalization
Universe®, Simply ChocolateSM, Stock Yards® and
FruitBouquets.comSM.
- Annual revenues exceeding $1.1 billion
- Strong balance sheet and growing free cash flow
- Broad and leverageable operating platform
- An experienced management team aligned with shareholders
Click here to view the 1-800-Flowers.com, Fact
SheetClick here to view the 1-800-Flowers.com,
Inc. Investor Presentation
Advisor Access spoke with president and CEO Chris
McCann.
Advisor Access: 1-800-FLOWERS.COM has a variety of
offerings under its retail umbrella. Can you describe these, and
how they fit into the company’s overall retail
strategy?
Chris McCann: We offer the broadest selection
of gift products for all life’s celebrations, from everyday gifting
to special celebratory events. We help our customers connect with
important people in their lives with truly original gifts…
We operate in three business segments
- Gourmet Food and Gift Baskets…
- Consumer Floral…
- BloomNet Wire Service…
AA: What are 1-800-FLOWERS.COM’s strongest brand
assets?
CM: 1-800-FLOWERS.COM is a leading gourmet
foods and floral gift provider for all occasions, with more than $1
billion in annual revenues, strong top- and bottom-line metrics,
and a solid balance sheet. With more than a forty-year history in
the floral business, 1-800-Flowers.com is a clear leader in the
floral category…
AA: Purchasing flowers, candy, and other seasonal gifts
for holidays such as Mother’s Day is a cornerstone of
1-800-FLOWERS.COM’s business model. How does the company approach
these seasonal markets, and the lulls that come
between?
CM: While holiday sales comprise a sizeable
portion of our annual revenue, we have a wide range of products
targeted at non-holiday events for personal expression. Our
everyday gifting strategy enables us to be the one-stop destination
for all of our customers’ gifting needs…
AA: Please tell us about your growth strategy and
expected financial results in fiscal 2018.
CM: We will continue to extend our market
leading position by leveraging the strength of our unique floral
and gourmet food brands…
Read the complete answers to these questions and more in the
full interview with 1-800-Flowers.com Inc.,
HERE
About Advisor Access:Advisor-Access LLC brings compelling
investment ideas to investors in the form of in-depth interviews
with company management and the latest fact sheets and corporate
presentations.
DISCLOSURE: 1-800-Flowers Inc. has paid Advisor Access a fee to
distribute this email. Chris McCann had final approval of the
content and is wholly responsible for the validity of the
statements and opinions.
Contact:
Advisor Access
Rick Baggelaar
Rick@advisor-access.com
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