Unpacking Q3 Earnings: 1-800-FLOWERS (NASDAQ:FLWS) In The Context Of Other Specialized Consumer Services Stocks

As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialized consumer services industry, including 1-800-FLOWERS (NASDAQ:FLWS) and its peers.

Some consumer discretionary companies don’t fall neatly into a category because their products or services are unique. Although their offerings may be niche, these companies have often found more efficient or technology-enabled ways of doing or selling something that has existed for a while. Technology can be a double-edged sword, though, as it may lower the barriers to entry for new competitors and allow them to do serve customers better.

The 11 specialized consumer services stocks we track reported a strong Q3. As a group, revenues beat analysts’ consensus estimates by 1.1% while next quarter’s revenue guidance was 2% below.

Thankfully, share prices of the companies have been resilient as they are up 8.3% on average since the latest earnings results.

Slowest Q3: 1-800-FLOWERS (NASDAQ:FLWS)

1-800-FLOWERS reported revenues of $242.1 million, down 10% year on year. This print fell short of analysts’ expectations by 1.6%. Overall, it was a mixed quarter for the company with full-year EBITDA guidance topping analysts’ expectations.

“Our first quarter performance generally came in-line with our expectations, as we began to see a slight improvement in our e-commerce revenue trends during the quarter, our gross profit margin continued to grow, and we reduced expenses as a result of our Work Smarter initiatives to operate more efficiently,” said Jim McCann, Chairman and Chief Executive Officer of 1-800-FLOWERS.COM,

Interestingly, the stock is up 9.4% since reporting and currently trades at $8.74.

Is now the time to buy 1-800-FLOWERS? Find out by reading the original article on StockStory, it’s free.

Best Q3: Matthews (NASDAQ:MATW)

Matthews reported revenues of $446.7 million, down 7% year on year, outperforming analysts’ expectations by 1.4%. The business had an exceptional quarter with a solid beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

The market seems happy with the results as the stock is up 13.1% since reporting. It currently trades at $28.86.

LKQ (NASDAQ:LKQ)

LKQ reported revenues of $3.58 billion, flat year on year, falling short of analysts’ expectations by 1.9%. It was a mixed quarter as it posted a decent beat of analysts’ adjusted operating income estimates but full-year EPS guidance missing analysts’ expectations.

LKQ delivered the weakest performance against analyst estimates in the group. Interestingly, the stock is up 1.5% since the results and currently trades at $38.34.

Service International (NYSE:SCI)

Service International reported revenues of $1.01 billion, up 1.2% year on year. This print was in line with analysts’ expectations. Taking a step back, it was a mixed quarter as it also recorded a narrow beat of analysts’ estimates of funeral services performed.

The stock is up 8.9% since reporting and currently trades at $82.89.

Pool (NASDAQ:POOL)

Pool reported revenues of $1.43 billion, down 2.8% year on year. This number surpassed analysts’ expectations by 2.1%. It was a satisfactory quarter as it also recorded a solid beat of analysts’ organic revenue estimates.

The stock is up 2.6% since reporting and currently trades at $360.03.

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This content was originally published on Stock Story