To: bobby is sleepless in seattle who wrote (83641 ) 2/18/2000 11:02:00 AM From: blackmerlin Respond to of 120523
FLWS: Valentine's Orders Up More Than 100%. IMO, FLWS will comeback. In fact it was recently rated a buy with a $20 target. Best Wishes, Regards, Jake Blackmerlin "Valentines 'Love' 1-800-FLOWERS.COM's Expanded Thoughtful Gift Product Line WESTBURY, N.Y., Feb 18, 2000 (BUSINESS WIRE) -- More Than 4 Million Unique Customers Visited Web Site Online Orders Surge More Than 100 Percent Compared With Prior Year 1-800-FLOWERS.COM (NASDAQ: FLWS ), a leading online provider of thoughtful gifts, today reported that more than 4 million unique customers visited the Company's Web site during the Valentine's Day holiday shopping period (January 24 through February 14). Online orders for the period grew more than 100 percent, driven, in part by the Company's expanded thoughtful gift product line. The Company said sales of its floral products, including fresh-cut flowers and plants, continued to grow strongly, further extending 1-800-FLOWERS.COM's leading market share position in the category both online and through traditional retail channels. In addition, the Company reported significant growth in all of its thoughtful gift categories, including gourmet food and candies, gift baskets, and unique gifts. "Valentine's Day is one of our most important holidays and we've seen a record number of shoppers coming to the 1-800-FLOWERS.COM site for our growing range of thoughtful social and gift expressions that includes everything from electronic greeting cards to flowers, plants and literally thousands of unique gifts," said Jim McCann, chairman and CEO. "Our customers know that they can rely on us for convenient access - online or via the telephone - and for timely and dependable delivery throughout the US. This reflects our ability to leverage a fully scaled and integrated customer service and fulfillment capability that is second-to-none in the online world, as well as our experience selling gifts on the Internet since 1992." For the first time, the Company created a "virtual" last-minute gift for Web site shoppers who ordered too late for delivery by the 14th. The Company sent customers a personalized, Valentine e-mail with a photo of the gift, "The Online Valentine Bear," telling them that their gift would be arriving soon. About 1-800-FLOWERS.COM With one of the most recognized brands in e-commerce, 1-800-FLOWERS.COM provides a broad range of thoughtful gift products including flowers, gourmet foods, candies, gift baskets and other unique gifts to customers around the world via: the Internet (www.1800flowers.com), AOL (keyword: flowers; keyword: gardenworks) and other online services; by calling 1-800-FLOWERS (1-800-356-9377) 24 hours a day; or by visiting one of its Company-operated or franchised stores. 1-800-FLOWERS.COM currently maintains strategic online relationships with America Online, Microsoft Network, Snap.com, Yahoo! and Excite, among others. The company was recently named the top gift site on the Web by Gomez Advisors. The Company's Class A Common Stock is listed on the NASDAQ National Market under the symbol "FLWS." Distributed via COMTEX."