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1-800-Flowers.com reiterates full-year profit forecast



By AP
24 April 2008 @ 09:27 am EST

CARLE PLACE, N.Y. - 1-800-Flowers.com Inc. reaffirmed its full-year profit forecast Thursday after its fiscal third-quarter profit tripled from the year-ago period.

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The online floral and gift delivery service expects earnings per share growth of 30 percent to 35 percent from last year's earnings of 26 cents per share, implying profit of 34 cents to 35 cents per share.

The company also maintained its outlook for revenue to rise 2 percent to 4 percent from $912.6 million a year ago, which would imply sales of about $926 million to $945 million.

Analysts polled by Thomson Financial predict full-year net income of 34 cents per share on revenue of $939.9 million.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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