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AI brief of an SEC Form 8-K · 1 800 FLOWERS COM INC (FLWS)

1-800-Flowers completes $45.0 million sale of Personalization Businesses to PlanetArt

Neutral Impact 3 of 5 m&a Written later

1-800-Flowers.com completed the sale of its Personalization Mall, Things Remembered, and Personalization Universe businesses to PlanetArt, LLC on October 19, 2026, for $45.0 million in cash, subject to working capital and other adjustments. The company said it used part of the net proceeds to prepay $21.65 million of term loan principal, and it will report the businesses as discontinued operations.

Key points

  • Closing date: October 19, 2026; purchase agreement dated September 26, 2026
  • Gross cash consideration: $45.0 million, subject to working capital and other adjustments
  • Term loan prepayment of $21.65 million funded from sale proceeds
  • Pro forma fiscal 2026 net revenues of $1.36 billion, versus $1.50 billion as reported

The filing

Company1 800 FLOWERS COM INC (FLWS)
Form8-K, current report
Filed with the SECOct 23, 2026, 4:03 PM ET
Accession number0001084869-26-000041

Items reported: 2.01 Acquisition or Disposition Completed

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.