SCHEDULE 13G/A: BlackRock Discloses 5.4% Stake in 1-800-FLOWERS.COM, Inc. Class A Stock
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, reporting a beneficial ownership of 5.4% of 1-800-FLOWERS.COM, Inc.'s Class A Stock as of March 31, 2025.
Summary
- BlackRock, Inc. filed an Amendment No. 3 to Schedule 13G, disclosing its beneficial ownership in 1-800-FLOWERS.COM, Inc. (FLOW).
- As of March 31, 2025, BlackRock, Inc. beneficially owned 1,963,128 shares of 1-800-FLOWERS.COM, Inc.'s Class A Stock.
- This ownership represents 5.4% of the total outstanding Class A Stock.
- BlackRock holds sole voting power over 1,917,478 shares and sole dispositive power over 1,963,128 shares.
- The filing certifies that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of the issuer.
- BlackRock Investment Management, LLC, a subsidiary of BlackRock, Inc., is specifically noted as beneficially owning 5% or greater of the outstanding shares of the security class.
Sentiment
Score: 5
Explanation: The document is a factual, compliance-driven disclosure of beneficial ownership by an institutional investor and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
The document does not contain any forward-looking statements or guidance regarding the issuer's future performance or outlook.
Industry Context
This filing is a routine disclosure by a major institutional asset manager, BlackRock, Inc., indicating a significant but passive investment in 1-800-FLOWERS.COM, Inc., a company operating in the consumer retail and e-commerce sector. It reflects BlackRock's ongoing portfolio management activities rather than a strategic shift in the industry.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming a passive investment intent.
- Company Management: Awareness of a large, passive institutional investor holding a notable stake in the company.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of execution of the Power of Attorney by BlackRock, Inc. |
| 03/31/2025 | Date of event which requires the filing of this statement (reporting date for beneficial ownership). |
| 04/17/2025 | Date of filing of the Schedule 13G Amendment No. 3. |
Keywords
BlackRock, 1-800-FLOWERS.COM, FLOW, Schedule 13G, Beneficial Ownership, Institutional Investor, Class A Stock, SEC Filing, Investment Management
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