Net revenues for the third quarter ended March 29, 2026, were $293.0 million, an 11.6% decrease compared to the same period in the prior year. The company recorded a net loss of $100.1 million for the quarter, compared to a net loss of $178.2 million in the prior year period. A non-cash goodwill and intangible impairment charge of $45.2 million was recorded for the Consumer Floral & Gifts segment. Operating loss for the quarter was $94.6 million, compared to $193.4 million in the prior year. The company reported severance and restructuring charges of $5.5 million for the quarter.