1-800-FLOWERS.COM, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended December 31, 2017. For the second quarter, the company's total net revenues were $526,093,000 against $554,553,000 a year ago. Operating income was $84,466,000 against $96,551,000 a year ago. Income before income taxes was $83,326,000 against $94,396,000 a year ago. Net income was $70,699,000 or $1.06 per diluted share against $62,929,000 or $0.93 per diluted share a year ago. Adjusted Net Income was $58,541,000 or $0.88 per diluted share against $59,617,000 or $0.88 per diluted share a year ago. Non-GAAP EBITDA was $93,143,000 against $105,718,000 a year ago. Non-GAAP adjusted EBITDA was $94,475,000 against $101,678,000 a year ago.

For the six months, the company's total net revenues were $683,442,000 against $720,382,000 a year ago. Operating income was $64,863,000 against $73,442,000 a year ago. Income before income taxes was $62,952,000 against $69,986,000 a year ago. Net income was $57,477,000 or $0.86 per diluted share against $47,158,000 or $0.70 per diluted share a year ago. Net cash provided by operating activities was $114,166,000 against $109,993,000 a year ago. Capital expenditures, net of non-cash expenditures was $8,864,000 against $13,253,000 a year ago. Adjusted Net Income was $45,319,000 or $0.68 per diluted share against $46,803,000 or $0.69 per diluted share a year ago. Non-GAAP EBITDA was $81,624,000 against $90,606,000 a year ago. Non-GAAP adjusted EBITDA was $84,332,000 against $92,234,000 a year ago.

For the year 2018, the company expects consolidated revenue in a range of $1.13 billion to $1.15 billion; EPS in a range of $0.62 to $0.64 per diluted share; adjusted EBITDA in a range of $82.0 to $85.0 million; and free Cash Flow for the year in a range of $30.0 million to $40.0 million. The company also expects its federal tax rate of 28%. Company expects its revenue growth rate to accelerate to more than 5.0%.