1-800-FLOWERS.COM, Inc. Announces Bill Shea to Retire as Chief Financial Officer on December 29, 2024
29 Août 2024 - 12:46PM
Business Wire
Names James Langrock Chief Financial
Officer
1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading provider of
gifts designed to help inspire customers to give more, connect
more, and build more and better relationships, today announced that
Bill Shea has confirmed his intention to retire as Chief Financial
Officer, effective December 29, 2024. The Board of Directors has
appointed James Langrock as Chief Financial Officer, effective
December 29, 2024.
“I want to take this opportunity to congratulate Bill on his
upcoming retirement and to thank him for his three decades of
tireless commitment to our company,” said Jim McCann, Chairman and
Chief Executive Officer of 1-800-FLOWERS.COM, Inc. “Bill has been a
terrific partner to me and a tremendous asset to our company during
a period of tremendous growth and transformation. We wish Bill all
the best upon his retirement.”
“I also want to congratulate James on his appointment to Chief
Financial Officer upon Bill’s retirement,” Mr. McCann continued.
“James has been a great addition to our leadership team since
joining the Company and brings a great wealth of financial
expertise to our company.”
Mr. Langrock joined 1-800-FLOWERS.COM, Inc. in April as Chief
Administrative Officer, bringing a broad range of finance
experience to the Company. Prior to joining the Company, Mr.
Langrock held the position of Chief Financial Officer at several
public and privately held companies, including Charcuterie
Artisans, The Hain Celestial Group, and Monster Worldwide, Inc.
About 1-800-FLOWERS.COM, Inc.
1-800-FLOWERS.COM, Inc. is a leading provider of gifts designed
to help inspire customers to give more, connect more, and build
more and better relationships. The Company’s e-commerce business
platform features an all-star family of brands, including:
1-800-Flowers.com®, 1-800-Baskets.com®, Cheryl’s Cookies®, Harry
& David®, PersonalizationMall.com®, Shari’s Berries®,
FruitBouquets.com®, Things Remembered®, Moose Munch®, The Popcorn
Factory®, Wolferman’s Bakery®, Vital Choice®, and Simply
Chocolate®. Through the Celebrations Passport® loyalty program,
which provides members with free standard shipping and no service
charge on eligible products across our portfolio of brands,
1-800-FLOWERS.COM, Inc. strives to deepen relationships with
customers. The Company also operates BloomNet®, an international
floral and gift industry service provider offering a broad-range of
products and services designed to help members grow their
businesses profitably; Napco℠, a resource for floral gifts and
seasonal décor; DesignPac Gifts, LLC, a manufacturer of gift
baskets and towers; and Alice’s Table®, a lifestyle business
offering fully digital livestreaming and on demand floral, culinary
and other experiences to guests across the country.
1-800-FLOWERS.COM, Inc. was recognized among America’s Most
Trustworthy Companies by Newsweek. 1-800-FLOWERS.COM, Inc. was also
recognized among the top 5 on the National Retail Federation’s 2021
Hot 25 Retailers list, which ranks the nation’s fastest-growing
retail companies, and was named to the Fortune 1000 list in 2022.
Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global
Select Market, ticker symbol: FLWS. For more information, visit
1800flowersinc.com.
FLWS–COMP FLWS-FN
Special Note Regarding Forward Looking
Statements:
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements represent the Company’s
current expectations or beliefs concerning future events and can
generally be identified using statements that include words such as
“estimate,” “expects,” “project,” “believe,” “anticipate,”
“intend,” “plan,” “foresee,” “forecast,” “likely,” “should,”
“will,” “target” or similar words or phrases. These forward-looking
statements are subject to risks, uncertainties, and other factors,
many of which are outside of the Company’s control, which could
cause actual results to differ materially from the results
expressed or implied in the forward-looking statements, including,
but not limited to, statements regarding the Company’s ability to
achieve its guidance for the full Fiscal year; the Company’s
ability to leverage its operating platform and reduce its operating
expense ratio; its ability to successfully integrate acquired
businesses and assets; its ability to successfully execute its
strategic initiatives; its ability to cost effectively acquire and
retain customers; the outcome of contingencies, including legal
proceedings in the normal course of business; its ability to
compete against existing and new competitors; its ability to manage
expenses associated with sales and marketing and necessary general
and administrative and technology investments; its ability to
reduce promotional activities and achieve more efficient marketing
programs; and general consumer sentiment and industry and economic
conditions that may affect levels of discretionary customer
purchases of the Company’s products. The Company undertakes no
obligation to publicly update any of the forward-looking
statements, whether because of new information, future events or
otherwise, made in this release or in any of its SEC filings.
Consequently, you should not consider any such list to be a
complete set of all potential risks and uncertainties. For a more
detailed description of these and other risk factors, refer to the
Company’s SEC filings, including the Company’s Annual Reports on
Form 10-K and its Quarterly Reports on Form 10-Q.
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version on businesswire.com: https://www.businesswire.com/news/home/20240829692156/en/
Investor Contact: Andy Milevoj
(516) 237-4617 amilevoj@1800flowers.com
Media Contact: Cherie Gallarello
cgallarello@1800flowers.com
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