1-800-FLOWERS.COM, INC. 1-800-FLOWERS.COM, Inc. Reports Fannie May Fine Chocolates And Harry London Chocolates Product Constraints Due To A Thanksgiving Day Fire at its Maple Heights, Ohio Warehouse and Distribution Facility
CARLE PLACE, N.Y.--(BUSINESS WIRE)-- 1-800-FLOWERS.COM, Inc., the world's leading florist and gift shop, today reported that supplies of its Fannie May Fine Chocolates and Harry London Chocolates will be limited this holiday season due to a fire at the Company's Maple Heights, Ohio warehouse and distribution facility that took place on Thanksgiving Day. While the fire did not cause any injuries, the building was severely damaged, rendering it inoperable for the key holiday season. Inventories stored at the facility for distribution, including such iconic products as Fannie May Pixies and Trinidads, were damaged or lost in the fire.
As a result of the lost inventories and the impact to distribution operations, the Company expects to have limited supplies of its Fannie May Fine Chocolates and Harry London Chocolate products available in its retail stores as well as for its ecommerce and wholesale channels during the holiday season. The Company has begun to implement contingency plans to increase production for Fannie May Fine Chocolates and Harry London Chocolates products at its state-of-the-art chocolate and confection production facility in Canton, Ohio and to shift warehousing and distribution operations to alternate Company facilities as well as identifying additional third-party facilities to handle holiday demand. While the constrained inventory is likely to impact total revenues for the holiday season, the Company is insured for losses incurred due to the fire, including material losses and business interruption.
Jim McCann, CEO of 1-800-FLOWERS.COM, Inc., parent company of Fannie May Fine Chocolates and Harry London Chocolates, said: "First and foremost, we are very thankful that no one was injured by the fire at our Maple Heights facility and we are extremely grateful to the Maple Heights fire department and other first responders for its rapid response and diligent efforts in fighting the fire on Thanksgiving Day. I am also proud of the tremendous response and positive spirit of our dedicated associates throughout the Company who worked through the Thanksgiving holiday and continue to work around the clock to develop and implement contingency plans to accelerate production and identify alternate warehouse and distribution options so that we can minimize the impact of this unfortunate event on our business and, most important, on our ability to help our customers deliver smiles this holiday season."
About 1-800-FLOWERS.COM, Inc.
1-800-FLOWERS.COM, Inc. is the world's leading florist and gift shop. For more than 38 years, 1-800-FLOWERS® (1-800-356-9377 or www.1800flowers.com) has been helping deliver smiles for our customers with gifts for every occasion, including fresh flowers and the finest selection of plants, gift baskets, gourmet foods, confections, candles, balloons and plush stuffed animals. As always, our 100% Smile Guarantee backs every gift. 1-800-FLOWERS.COM was awarded the 2014 Silver Stevie Award, recognizing the organization's outstanding Customer Service and commitment to our 100% Smile Guarantee. 1-800-FLOWERS.COM received a Gold Award for Best User Experience on a Mobile Optimized Site for the 2013 Horizon Interactive Awards. The Company's BloomNet® international floral wire service (www.mybloomnet.net) provides a broad range of quality products and value-added services designed to help professional florists grow their businesses profitably. The 1-800-FLOWERS.COM "Gift Shop" also includes gourmet gifts such as premium, gift-quality fruits and other gourmet items from Harry & David® (1-877-322-1200 or www.harryanddavid.com), popcorn and specialty treats from: The Popcorn Factory® (1-800-541-2676 or www.thepopcornfactory.com); cookies and baked gifts from Cheryl's® (1-800-443-8124 or www.cheryls.com); premium chocolates and confections from Fannie May® confections brands (www.fanniemay.com and www.harrylondon.com); gift baskets and towers from 1-800-Baskets.com® (www.1800baskets.com); incredible, carved fresh fruit arrangements from FruitBouquets.com (www.fruitbouquets.com); top quality steaks and chops from Stock Yards® (www.stockyards.com); as well as premium branded customizable invitations and personal stationery from FineStationery.com® (www.finestationery.com). The Company's Celebrations® brand (www.celebrations.com) is a source for creative party ideas, must-read articles, online invitations and e-cards, all created to help people celebrate holidays and the everyday. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol:FLWS.
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 by the use of statements that include words such as "estimate," "expects," "project," "believe," "anticipate," "intend," "plan," "foresee," "likely," "will," 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, among others: the Company's ability to implement contingency plans to increase production for Fannie May Fine Chocolates and Harry London Chocolate products and to shift warehousing and distribution operations to alternate facilities to handle holiday demand; its ability to offset losses incurred from the fire at its Maple Heights facility via its insurance policies; and general consumer sentiment 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 as a result of new information, future events or otherwise, made in this release or in any of its SEC filings except as may be otherwise stated by the Company. For a more detailed description of these and other risk factors please 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. Consequently, you should not consider any such list to be a complete set of all potential risks and uncertainties.
Investor:
Joseph D. Pititto, 516-237-6131
invest@1800flowers.com
or
Media:
Yanique Woodall, 516-237-6028
ywoodall@1800flowers.com
Source: 1-800-FLOWERS.COM, Inc.
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