Specialized Consumer Services Stocks Q4 In Review: 1-800-FLOWERS (NASDAQ:FLWS) Vs Peers
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q4. Today we are looking at the specialized consumer services stocks, starting with 1-800-FLOWERS (NASDAQ:FLWS).
Some consumer discretionary companies don’t fall neatly into a category because their products or services are unique. Although their offerings may be niche, these companies have often found more efficient or technology-enabled ways of doing or selling something that has existed for a while. Technology can be a double-edged sword, though, as it may lower the barriers to entry for new competitors and allow them to do serve customers better.
The 8 specialized consumer services stocks we track reported a slower Q4; on average, revenues beat analyst consensus estimates by 0.9% while next quarter's revenue guidance was 4.6% below consensus. Stocks have faced challenges as investors prioritize near-term cash flows, and specialized consumer services stocks have not been spared, with share prices down 10.4% on average, since the previous earnings results.
1-800-FLOWERS (NASDAQ:FLWS)
Founded in 1976, 1-800-FLOWERS (NASDAQ:FLWS) is an online retailer of flowers, gifts, and gourmet foods, serving customers globally.
1-800-FLOWERS reported revenues of $822.1 million, down 8.4% year on year, falling short of analyst expectations by 0.5%. It was a weak quarter for the company, with a miss of analysts' earnings and revenue estimates.
“Our second quarter earnings came in line with our expectations, as our gross profit margin recovery and expense optimization efforts helped offset a softer than anticipated consumer environment,” said Jim McCann, Chairman and Chief Executive Officer of 1-800-FLOWERS.COM,
The stock is down 8.7% since the results and currently trades at $9.47.
Read our full report on 1-800-FLOWERS here, it's free.
Best Q4: Carriage Services (NYSE:CSV)
Established in 1991, Carriage Services (NYSE:CSV) is a provider of funeral and cemetery services in the United States.
Carriage Services reported revenues of $98.83 million, up 5.2% year on year, outperforming analyst expectations by 5.5%. It was a very strong quarter for the company, with an impressive beat of analysts' revenue and earnings estimates.
Carriage Services scored the biggest analyst estimates beat and highest full-year guidance raise among its peers. The stock is down 0.4% since the results and currently trades at $24.99.
Is now the time to buy Carriage Services? Access our full analysis of the earnings results here, it's free.
Weakest Q4: Mister Car Wash (NYSE:MCW)
Formerly known as Hotshine Holdings, Mister Car Wash (NYSE:MCW) offers car washes across the United States through its conveyorized service.
Mister Car Wash reported revenues of $230.1 million, up 7.4% year on year, falling short of analyst expectations by 0.1%. It was a weak quarter for the company, with underwhelming revenue guidance for the full year.
The stock is down 20% since the results and currently trades at $6.97.
Read our full analysis of Mister Car Wash's results here.
WW (NASDAQ:WW)
Formerly known as Weight Watchers, WW (NASDAQ:WW) is a wellness company offering a range of products and services promoting weight loss and healthy habits.
WW reported revenues of $206 million, down 7.6% year on year, falling short of analyst expectations by 0.5%. It was a weak quarter for the company, with full-year revenue guidance missing analysts' expectations.
WW had the weakest full-year guidance update among its peers. The stock is down 55.9% since the results and currently trades at $1.68.
Read our full, actionable report on WW here, it's free.
Service International (NYSE:SCI)
Founded in 1962, Service International (NYSE: SCI) is a leading provider of death care products and services in North America.
Service International reported revenues of $1.06 billion, up 2.7% year on year, surpassing analyst expectations by 3.2%. It was a good quarter for the company, with a decent beat of analysts' revenue and EPS estimates this quarter, driven by better-than-expected performance in its cemetery segment.
The stock is up 5.3% since the results and currently trades at $71.75.
Read our full, actionable report on Service International here, it's free.
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