The massive snowstorm that swept across the East Coast late last week caused delivery problems for 1-800-Flowers and its peer companies, according to CNNMoney. Hundreds of customers took to social media to complain that their orders were not delivered on Valentine's Day, while others said the site's phone lines were jammed. Those who did get through noted that some of the orders had been cancelled and re-deliveries would not be available for multiple days.
A spokeswoman for the company told CNNMoney that the affected orders were a small fraction of the hundreds of thousands that the company processed for Valentine's Day.
1-800-Flowers apologized to its customers and offered some potential solutions, including reschedules, refunds and discounts on future orders.
TheStreet Ratings team rates 1-800-FLOWERS.COM as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate 1-800-FLOWERS.COM (FLWS) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, attractive valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."