Tag Archives: Equity Markets

1-800-Flowers Shares Rise 14% on 4Q Margins, Outlook

1-800-Flowers Shares Rise 14% on 4Q Margins, Outlook

By Denny Jacob Shares of gifts provider 1-800-Flowers.com rose 14% to $7.97 on Thursday as gross profit margins continued to improve in the latest quarter and executives called for further margin growth. The stock, which is down 17% on the year, is on pace for its largest one-day percentage increase since Feb. 2. The Jericho, N.Y.-based company increased its gross …

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