1-800-Flowers.com Sells Personalization Businesses to PlanetArt for $45 Million

Bitget2026/10/23 20:04

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1-800-Flowers.com completed the sale of its personalization businesses to PlanetArt on October 19, 2026, for a $45 million base cash price.
The September 26, 2026, agreement covers Personalization Mall, Things Remembered and Personalization Universe, with working capital and other price adjustments.
Part of the net proceeds funded a partial prepayment of term loans outstanding under its credit facility.
The divested businesses will be reported as discontinued operations, reflecting a strategic shift with a major impact on operations and financial results.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1-800 FLOWERS.COM Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001084869-26-000041), on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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1-800-Flowers.com Sells Personalization Businesses to PlanetArt for $45 Million

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