1-800-Flowers.Com dips to low for year despite falling crude prices

1-800-Flowers.Com Inc. (Nasdaq:FLWS) slumped to a 52-week low early in today’s trading, despite the price of crude oil falling from its record highs. High gas prices have affected the flower and gift retailer because many of its products are delivered directly to the consumer. Even with lower crude, the Carle Place, N.Y.-based company is falling in today’s trading, which could be in part because the next few months don’t have a big holiday that warrants flower or gift sending. Shares of 1-800-Flowers.Com are down more than 6% at $5.78 on below-average volume at 12:40 ET. During the past year, the stock has ranged from today’s low of $5.76 to a high of $13.42. 

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