While the pandemic at first represented an increase in sales for 1-800-Flowers, the flower-sending company is now seeing longer-term effects that are less positive. Linda Bolton Weiser, D.A. Davidson Institutional Analyst who follows the company, said floral gift-giving is sagging overall because of the recession, a trend that’s especially visible during the periods in between holidays that are known for flowers. Bolton Weiser discussed the company’s prospects in “1-800-Flowers Analyst Sees Stock Struggling to Top Spring Rally,” a Bloomberg article written by Hardika Singh.
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