Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Equity Bottom-Up

1 800 flowers.com inc cl a / Equity Bottom-Up

<ul><li>Founded as a floral shop in Manhattan in the 1970s, 1-800- FLOWERS.COM has built itself into a leading publicly traded e-commerce gifting platform through both organic growth by embracing leading-edge technology and acquisitions.</li><li>Like many direct-to-consumer (DTC) names, FLWS has been substantially affected by the recent pandemic.</li><li>After a surge of demand during the initial lockdown phase, the subsequent easing of consumer mobility restrictions, supply chain disruptions, and inflation have pressured results for the past several years.</li></ul>

Founded as a floral shop in Manhattan in the 1970s, 1-800- FLOWERS.COM has built itself into a leading publicly traded e-commerce gifting platform through both organic growth by embracing leading-edge technology and acquisitions.Like many direct-to-consumer (DTC) names, FLWS has been substantially affected by the recent pandemic.After a surge of demand during the initial lockdown phase, the subsequent easing of consumer mobility restrictions, supply chain disruptions, and inflation have pressured results for the past several years.

1-800-Flowers.com, Inc. - Initiating Coverage