SCHEDULE 13G/A: BlackRock Discloses 4.6% Stake in 1-800-FLOWERS.COM

Sentiment:

Beneficial Ownership Report


BlackRock, Inc. has filed an amended Schedule 13G, disclosing a 4.6% beneficial ownership stake in 1-800-FLOWERS.COM, Inc. as of June 30, 2025.

Summary

  • BlackRock, Inc. reported beneficial ownership of 1,690,923 shares of Class A Stock in 1-800-FLOWERS.COM, Inc.
  • This ownership represents 4.6% of the Class A Stock outstanding.
  • BlackRock holds sole voting power over 1,647,508 shares and sole dispositive power over 1,690,923 shares.
  • The filing is an Amendment No. 4 to a Schedule 13G, indicating an update to a previously disclosed passive investment.
  • BlackRock certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of a passive ownership stake by a large institutional investor, indicating a neutral sentiment as it does not convey positive or negative performance or strategic changes for the issuer.

Positives

  • The continued investment by a major institutional investor like BlackRock may signal confidence in the company's long-term prospects.
  • The passive nature of the investment, as certified by BlackRock, suggests no immediate intent to influence management or corporate control.

Risks

  • While BlackRock certifies its passive intent, any significant change in a large institutional holder's position could still impact market perception.
  • The concentration of voting and dispositive power within BlackRock's sole control, even if passive, means a single entity holds significant influence over a portion of the company's shares.

Future Outlook

NA

Management Comments

  • The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

Industry Context

NA

Stakeholder Impact

  • Shareholders: The continued holding by a major institutional investor like BlackRock may be viewed positively, signaling confidence in the company.
  • Management: The certification of passive intent by BlackRock indicates no immediate threat of activist intervention or control changes.

Key Dates

DateDescription
04/30/2023Date of previously revoked Power of Attorney.
01/21/2025Date of execution of the current Power of Attorney by BlackRock, Inc.
06/30/2025Date of event which requires filing of this statement.
07/16/2025Date of signature for the Schedule 13G filing.

Keywords

BlackRock, 1-800-FLOWERS.COM, beneficial ownership, Schedule 13G, institutional investment, Class A Stock, passive investment

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