1 800 FLOWERS COM INC (FLWS) Form 8-K — Oct 23, 2026
1-800-Flowers.com completed the sale of its Personalization Mall, Things Remembered, and Personalization Universe businesses to PlanetArt, LLC on October 19, 2026, receiving $45.0 million in cash consideration subject to working capital and other adjustments. The company used a portion of the net proceeds to prepay $21.65 million of term loans under its credit facility, and the pro forma balance sheet shows cash rising to $31.3 million with long-term debt reduced to roughly $91 million.
Key figures
- Revenue
- 1357690000
- Debt Amount
- 21650000
- Total Assets
- 600725000
- Cash Position
- 31317000
- Deal Value Usd
- 45000000
- Gross Proceeds
- 45000000
- Shares Outstanding
- 60,311,976 Class A and 32,348,221 Class B issued (FY2026)
- Escrow holdbacks
- 2750000
- Sale closing date
- 2026-10-19
- Estimated book gain
- 2300000
- Purchase agreement date
- 2026-09-26
- Estimated transaction costs
- 300000
- Net cash retained after debt repayment
- 19951000
AI analysis
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