Esports Entertainment Group Submits Transactional Waiver to New Jersey Division of Gaming Enforcement

 

Newark, New Jersey–(Newsfile Corp. – October 28, 2021) – Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the “Company”) is pleased to announce that its transactional waiver for the New Jersey Division of Gaming Enforcement (or “DGE”) has been submitted. Once approved, it would allow the Company to begin betting operations in the Garden State.

“New Jersey sports betting reported the first $1 billion handle in September alone and it shows no signs of slowing down anytime soon,” said Grant Johnson, CEO of Esports Entertainment Group. “The transactional waiver is one of the final steps in us being able to go live and bring the exciting world of esports betting to the state of New Jersey.”

In preparation for the issuance of its New Jersey gaming license, the Company opened an office in Hoboken at the beginning of September. In the Company’s October earnings call, it was announced that Q4 revenue was up 63 percent from Q3 and there was a significant increase in stockholder equity to $74.8 million in FY2021.

About Esports Entertainment Group

Esports Entertainment Group is a full stack esports and online gambling company fueled by the growth of video-gaming and the ascendance of esports with new generations. Our mission is to help connect the world at large with the future of sports entertainment in unique and enriching ways that bring fans and gamers together. Esports Entertainment Group and its affiliates are well-poised to help fans and players to stay connected and involved with their favorite esports. From traditional sports partnerships with professional NFL/NHL/NBA/FIFA teams, community-focused tournaments in a wide range of esports, and boots-on-the-ground LAN cafes, EEG has influence over the full-spectrum of esports and gaming at all levels. The Company maintains offices in New Jersey, the UK and Malta. For more information visit www.esportsentertainmentgroup.com.

Forward-Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:
U.S. Investor Relations
RedChip Companies, Inc.
Dave Gentry
407-491-4498
dave@redchip.com

Media Inquiries
brandon.apter@esportsentertainmentgroup.com

Investor Relations Inquiries
Jeff@esportsentertainmentgroup.com

Thursday, October 28, 2021

ACCO Brands (ACCO)
Post Call Commentary; Favorable Risk/Reward

ACCO Brands Corporation designs, manufactures, sources, markets, and sells office products, academic supplies, and calendar products primarily in the United States, Canada, Northern Europe, Brazil, Australia, and Mexico. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company offers office products, such as stapling, binding and laminating equipment, and related consumable supplies, as well as shredders and whiteboards; and academic products, including notebooks, folders, decorative calendars, and stationery products. It also provides private label products, as well as business machine maintenance and repair services. The company offers its business, academic, and calendar product lines under the Artline, AT-A-GLANCE, Derwent, Esselte, Five Star, GBC, Hilroy, Leitz, Marbig, Mead, NOBO, Quartet, Rapid, Rexel, Swingline, Tilibra, Wilson Jones, and other brand names. In addition, it designs, sources, distributes, markets, and sells accessories for laptop and desktop computers, and tablets comprising security products; input devices, such as presenters, mice, and trackballs; ergonomic aids, including foot and wrist rests; docking stations; and other personal computers and tablet accessories under the Kensington, Microsaver, and ClickSafe brand names. The company sells its products to consumers and commercial end-users primarily through resellers, including traditional office supply resellers, wholesalers, mass merchandisers, and retailers, as well as directly to consumers through on-line and direct mail. ACCO Brands Corporation is headquartered in Lake Zurich, Illinois.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Operating Environment Trending Positive. As we mentioned last quarter, the overall operating environment continues to trend in a positive manner, although there remain some potential hiccups. The commercial business continues to improve with the return to the office of workers, worldwide economies are improving, and school instruction continues to return to in-classroom instruction. Commodity inflation and logistics remain the biggest concerns.


PowerA Continues to Impress.  PowerA contributed $57 million of revenue in 3Q, up from $51 million in 2Q. Notably, the higher PowerA sales were in spite of constrained availability of gaming consoles, sales of which drive PowerA sales. Although management lowered full year expectation for PowerA growth to 20% from 25% due to the lack of gaming consoles, this remains above the 15% originally …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Noble Capital Markets Senior Research Analyst Michael Kupinski interviews Bowlero Corp. CEO Tom Shannon SPACtrac report on Bowlero and ISOS Acquisition Corp. News and Market Data on Isos Acquisition Corporation About Bowlero Corp Bowlero Corp is the worldwide leader in bowling entertainment, media and events. With more than 300 bowling centers across North America, Bowlero Corp serves over 26 million guests each year through a family of brands that includes Bowlero, Bowlmor Lanes, and AMF. In 2019, Bowlero Corp acquired the Professional Bowlers Association, the major league of bowling, which boasts thousands of members and millions of fans across the globe. For more information on Bowlero Corp, please visit BowleroCorp.com. About Isos Acquisition Corporation Isos Acquisition Corporation (NYSE: ISOS.U) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company is led by Co-Chief Executive Officers George Barrios and Michelle Wilson. For more information on Isos Acquisition Corporation, please visit www.isosacquisitioncorp.com.

Schwazze CEO Justin Dye and CFO Nancy Huber make a formal corporate presentation. Afterwards they are joined by Noble Capital Markets Senior Research Analyst Joe Gomes for a Q & A session. Research, News, and Advanced Market Data on SHWZ Information on upcoming live virtual roadshows Schwazze (OTCQX: SHWZ) is building the premier vertically integrated cannabis company in Colorado and plans to take its operating system to other states where it can develop a differentiated leadership position. Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale. The Company is committed to unlocking the full potential of the cannabis plant to improve the human condition. Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes. The Company’s leadership team has deep expertise in retailing, wholesaling, and building consumer brands at Fortune 500 companies as well as in the cannabis sector. Schwazze is passionate about making a difference in our communities, promoting diversity and inclusion, and doing our part to incorporate climate-conscious best practices. Medicine Man Technologies, Inc. was Schwazze’s former operating trade name. The corporate entity continues to be named Medicine Man Technologies, Inc. Schwazze derives its name from the pruning technique of a cannabis plant to enhance plant structure and promote healthy growth.

Wednesday, October 27, 2021

ACCO Brands (ACCO)
3Q Release Highlights; Raises Dividend by 15.4%

ACCO Brands Corporation designs, manufactures, sources, markets, and sells office products, academic supplies, and calendar products primarily in the United States, Canada, Northern Europe, Brazil, Australia, and Mexico. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company offers office products, such as stapling, binding and laminating equipment, and related consumable supplies, as well as shredders and whiteboards; and academic products, including notebooks, folders, decorative calendars, and stationery products. It also provides private label products, as well as business machine maintenance and repair services. The company offers its business, academic, and calendar product lines under the Artline, AT-A-GLANCE, Derwent, Esselte, Five Star, GBC, Hilroy, Leitz, Marbig, Mead, NOBO, Quartet, Rapid, Rexel, Swingline, Tilibra, Wilson Jones, and other brand names. In addition, it designs, sources, distributes, markets, and sells accessories for laptop and desktop computers, and tablets comprising security products; input devices, such as presenters, mice, and trackballs; ergonomic aids, including foot and wrist rests; docking stations; and other personal computers and tablet accessories under the Kensington, Microsaver, and ClickSafe brand names. The company sells its products to consumers and commercial end-users primarily through resellers, including traditional office supply resellers, wholesalers, mass merchandisers, and retailers, as well as directly to consumers through on-line and direct mail. ACCO Brands Corporation is headquartered in Lake Zurich, Illinois.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

3Q21 Operating Results. ACCO reported strong 3Q21 results, with organic sales growth across all segments. Revenue increased 18.6% to $526.7 million. Consensus was $532 million and we had forecast $525 million. Adjusted EPS was $0.33, compared to $0.25 last year. We had forecast adjusted EPS of $0.36 and consensus was $0.35. Adjusted EPS was negatively impacted $0.03 per share by higher taxes.


Segments.  N.A. sales were up 20.5%, with comp sales up 0.8%. PowerA, back-to-school, and commercial product sales all contributed. EMEA sales were up 18.1%, with comp sales up 10.3%. Higher demand and market share gains were the drivers. International sales were up 12.9% with comp sales up 4.7% due to higher demand and improved pricing. ACCO continues to raise prices to offset higher logistics and …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Wednesday, October 27, 2021

ACCO Brands (ACCO)
3Q Release Highlights; Raises Dividend by 15.4%

ACCO Brands Corporation designs, manufactures, sources, markets, and sells office products, academic supplies, and calendar products primarily in the United States, Canada, Northern Europe, Brazil, Australia, and Mexico. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company offers office products, such as stapling, binding and laminating equipment, and related consumable supplies, as well as shredders and whiteboards; and academic products, including notebooks, folders, decorative calendars, and stationery products. It also provides private label products, as well as business machine maintenance and repair services. The company offers its business, academic, and calendar product lines under the Artline, AT-A-GLANCE, Derwent, Esselte, Five Star, GBC, Hilroy, Leitz, Marbig, Mead, NOBO, Quartet, Rapid, Rexel, Swingline, Tilibra, Wilson Jones, and other brand names. In addition, it designs, sources, distributes, markets, and sells accessories for laptop and desktop computers, and tablets comprising security products; input devices, such as presenters, mice, and trackballs; ergonomic aids, including foot and wrist rests; docking stations; and other personal computers and tablet accessories under the Kensington, Microsaver, and ClickSafe brand names. The company sells its products to consumers and commercial end-users primarily through resellers, including traditional office supply resellers, wholesalers, mass merchandisers, and retailers, as well as directly to consumers through on-line and direct mail. ACCO Brands Corporation is headquartered in Lake Zurich, Illinois.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

3Q21 Operating Results. ACCO reported strong 3Q21 results, with organic sales growth across all segments. Revenue increased 18.6% to $526.7 million. Consensus was $532 million and we had forecast $525 million. Adjusted EPS was $0.33, compared to $0.25 last year. We had forecast adjusted EPS of $0.36 and consensus was $0.35. Adjusted EPS was negatively impacted $0.03 per share by higher taxes.


Segments.  N.A. sales were up 20.5%, with comp sales up 0.8%. PowerA, back-to-school, and commercial product sales all contributed. EMEA sales were up 18.1%, with comp sales up 10.3%. Higher demand and market share gains were the drivers. International sales were up 12.9% with comp sales up 4.7% due to higher demand and improved pricing. ACCO continues to raise prices to offset higher logistics and …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Wednesday, October 27, 2021

Stem Holdings (STMH)(STEM:CA)
Entering Colorado Market

Stem Holdings Inc is engaged in the purchasing, improving, and leasing of properties and finance assets which are operated by third parties and are used for the cultivation and retail sale of marijuana. Its properties includes 42nd Street, and Mulino Farm which are used for agriculture. The company generates its revenue in the form of rental income from tenants.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Colorado Expansion. Driven by Stem (formerly Stem Holdings, Inc.) has entered into a letter of intent to acquire Colorado Harvest Company, (CHC) one of Denver’s oldest, vertically integrated operators. Price and terms of the deal are still in negotiation. In 2021, CHC is expected to generate revenue of $13 million and gross profit of $5.07 million.


Colorado Harvest Company.  Founded in 2009, CHC serves customers an extensive selection of the finest quality edibles, concentrates, and naturally grown cannabis flower. CHC operates two dispensaries in Denver and one in Aurora. In addition, CHC has two delivery permits and operates two cultivation facilities which produce over 200 pounds of naturally grown cannabis per month …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Schwazze Announces Participation at Noble Capital Markets Virtual Road Show Series – October 25, 2021

DENVER, CO – Oct 8, 2021 – Schwazze, (OTCQX:SHWZ)
(“Schwazze” or the “Company”), is pleased to announce their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for October 25, 2021 at 1:00 pm EDT.

The virtual road show will feature a corporate presentation from Schwazze CEO Justin Dye & CFO Nancy Huber, followed by a Q & A session proctored by Noble Senior Research Analyst Joe Gomes, featuring questions submitted by the audience.

The live broadcast of the virtual road show is scheduled for October 25, 2021, at 1PM EDT. Registration is free and open to all investors, at any level. Register Here.

Noble’s research, as well as news and advanced market data on Schwazze is available on Channelchek.

it will attend the Benzinga Cannabis Capital Conference at the Marriott Marquis in New York City on October 14^th – 15^th and MJBizCon 2021 at the Mandalay Bay in Las Vegas on October 20^th – 22^nd.

About
Schwazze

Schwazze (OTCQX: SHWZ) is building the premier vertically integrated cannabis company in Colorado and plans to take its operating system to other states where it can develop a differentiated leadership position. Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale. The Company is committed to unlocking the full potential of the cannabis plant to improve the human condition. Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes. The Company’s leadership team has deep expertise in retailing, wholesaling, and building consumer brands at Fortune 500 companies as well as in the cannabis sector. Schwazze is passionate about making a difference in our communities, promoting diversity and inclusion, and doing our part to incorporate climate-conscious best practices. Medicine Man Technologies, Inc. was Schwazze’s former operating trade name. The corporate entity continues to be named Medicine Man Technologies, Inc.

Schwazze derives its name from the pruning technique of a cannabis plant to enhance plant structure and promote healthy growth.

Forward-Looking
Statements

This press release contains “forward-looking statements.” Such statements may be preceded by the words “plan,” “will,” “may,”, “predicts,” or similar words. Forward-looking statements are not guarantees of future events or performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control and cannot be predicted or quantified. Consequently, actual events and results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) our inability to manufacture our products and product candidates on a commercial scale on our own or in collaboration with third parties; (ii) difficulties in obtaining financing on commercially reasonable terms; (iii) changes in the size and nature of our competition; (iv) loss of one or more key executives or scientists; (v) difficulties in securing regulatory approval to market our products and product candidates; (vi) our ability to successfully execute our growth strategy in Colorado and outside the state, (vii) our ability to consummate the acquisition described in this press release or to identify and consummate future acquisitions that meet our criteria, (viii) our ability to successfully integrate acquired businesses and realize synergies therefrom, ({ix) the ongoing COVID-19 pandemic, (x) the timing and extent of governmental stimulus programs, and (xi) the uncertainty in the application of federal, state and local laws to our business, and any changes in such laws. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise except as required by law.

For further information, please contact:

Investors
Joanne Jobin
Investor Relations
Joanne.jobin@schwazze.com
647 964 0292

Media
Julie Suntrup, Schwazze
Vice President | Marketing & Merchandising
julie.suntrup@schwazze.com
303 371 0387

	Image Credit: Kindel Media (Pexels)

Marijuana, CBD, and Hemp Vapes Can Never be Mailed to Customers

While consumer marijuana companies, both medical and recreational, may soon find it easier to do business under proposed federal laws, a U.S. Postal Service (USPS) rule approved on Wednesday may cause a permanent drag on vape sales. The USPS issued its final amendments to the “Hazardous, Restricted, and Perishable Mail” rules which are designed to comply with a federal law signed last year that regulates electronic nicotine delivery systems (ENDS).

The final rule fulfills a required condition of the Preventing Online Sales of E-Cigarettes to Children Act (POSECCA) federal regulation. The federal law passed in 2020 “requires the USPS to implement regulations to prohibit the mailing of these systems”

Definition of Electronic Delivery System (ENDS)

Source: Federal Register October 21, 2021

Although the final rule specifically prohibits mailing ENDS, and states “nicotine,” Congress uses the term to describe all vaping products. Many cannabis, and hemp products, including CBD, are in the category that lawmakers banned, according to the final rule. This rule went into effect yesterday (October 21).

Comment Period

The public comment period leading up to the rule change brought in views and opinions from 15,700 citizens. Some comment themes were answered in the final written rule so as to better define the USPS inclusions and exclusions. One noteworthy decision was related to CBD. Commenters said the final rule would conflict with shipping other hemp and hemp-derived products that test under the legal 0.3% THC limit; the USPS said it is unable to go around the POSECCA because it specifically calls on the agency to prohibit the shipping of vape products and said the ban would not clash with other laws because it’s under the federal government.

Virtual Road Show Series – Monday, October 25 @ 1pm EDT Join Schwazze CEO Justin Dye and CFO Nancy Huber for this exclusive corporate presentation, followed by a Q & A session featuring questions taken from the audience. Registration is free and open to all investors, at any level. Register Now | View All Road Shows

The agency makes clear that the final rule does not interfere with the mailing of hemp and hemp derivatives that contain no more than 0.3% THC on a dry weight basis, as long as it is not “incorporated into an ENDS product or function as a component of one.”

The final rule also “exempts business-to-business shipments from the mail ban, along with shipping to consumers within the borders of Alaska and Hawaii, and limited non-commercial shipping between private individuals,”  

The USPS final rule allows for the shipping of cigarettes for “consumer testing” by public health researchers and federal agencies.

Specific Mention of
Marijuana

Source: Federal Register October 21, 2021

Take-Away

Within last year’s electronic delivery systems federal law, final rules were determined this week related to the United States Post Office. Businesses are specifically prohibited from mailing any form of electronic vaping device to a consumer. This is a new law that is not likely to be updated or changed in the foreseeable future. Many marijuana companies are building sophisticated distributor
networks of their own. The restrictions placed on the USPS may only benefit the competitiveness of these businesses. 

Suggested Reading:

Cannabis Customers Served by the Ice Cream Truck Delivery Model

Cannabis Related Businesses (CRB) New Access to Banking Services

Marijuana Dispensaries and the Impact on Use

Evaluating Opportunity With the iPhone New Marijuana Policy

 

Sources:

https://www.federalregister.gov/documents/2021/10/21/2021-22787/treatment-of-e-cigarettes-in-the-mail

https://vaping360.com/vape-news/111617/usps-final-rule-banning-vape-mail/

 

Stay up to date. Follow us:

1-800-FLOWERS.COM, Inc. to Release Results for its Fiscal 2022 First Quarter on Thursday, October 28, 2021

 

JERICHO, N.Y.–(BUSINESS WIRE)– 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS),a leading provider of gifts designed to help customers express, connect and celebrate, today announced that the Company will release financial results for its fiscal 2022 first quarter (ended 9/26/21) on Thursday, October 28, 2021. The press release will be issued prior to market opening and will be followed by a conference call with members of senior management at 8:00 a.m. (ET).

The conference call will be available via live webcast from the Investor Relations section of the Company’s website at 1800flowersinc.com. A recording of the call will be posted on the website within two hours of the call’s completion. A telephonic replay of the call can be accessed beginning at 2:00 p.m. (ET) on October 28 through November 4, 2021, at: (US) 1-877-344-7529; (
Canada) 855-669-9658; (International) 1-412-317-0088; enter conference ID #:10161105. If you have any questions regarding the above information, please call Patty Altadonna at (516) 237-6113 or the Investor Relations office at (516) 237-6131.

Special Note Regarding Forward-Looking Statements:
Some of the statements contained in the Company’s scheduled Thursday, October 28, 2021, press release and conference call regarding its fiscal 2022 first quarter (ended 9/26/21) results, other than statements of historical fact, may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. For a more detailed description of these and other risk factors, please refer to the Company’s SEC filings including its Annual Reports and Forms 10K and 10Q available at the Investor Relations section of the Company’s website at 1800flowersinc.com. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in the scheduled conference call and any recordings thereof, or in any of its SEC filings, except as may be otherwise stated by the Company.

About 1-800-FLOWERS.COM, Inc.

1-800-FLOWERS.COM, Inc. is a leading provider of gifts designed to help customers express, connect and celebrate. The Company’s e-commerce business platform features an all-star family of brands, including: 1-800-Flowers.com®, 1-800-Baskets.com®, Cheryl’s Cookies®, Harry & David®, PersonalizationMall.com®, Shari’s Berries®, FruitBouquets.com®, Moose Munch®, The Popcorn Factory®, Wolferman’s Bakery®, Stock Yards® and Simply Chocolate®. Through the Celebrations Passport® loyalty program, which provides members with free standard shipping and no service charge across our portfolio of brands, 1-800-FLOWERS.COM, Inc. strives to deepen relationships with customers. The Company also operates BloomNet®, an international floral and gift industry service provider offering a broad-range of products and services designed to help members grow their businesses profitably; Napco?, a resource for floral gifts and seasonal décor; and DesignPac Gifts, LLC, a manufacturer of gift baskets and towers. 1-800-FLOWERS.COM, Inc. was recognized among the top 5 on the National Retail Federation’s 2021 Hot 25 Retailers list, which ranks the nation’s fastest-growing retail companies. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS. For more information, visit 1800flowersinc.com or follow @1800FLOWERSInc on Twitter.

FLWS-COMP
FLWS-FN

Investor:

Joseph D. Pititto

(516) 237-6131

E-mail: invest@1800flowers.com

Media:

Kathleen Waugh

(516) 237-6028

kwaugh@1800flowers.com

Source: 1-800-FLOWERS.COM, Inc.

1-800-FLOWERS.COM, Inc. to Release Results for its Fiscal 2022 First Quarter on Thursday, October 28, 2021

 

JERICHO, N.Y.–(BUSINESS WIRE)– 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS),a leading provider of gifts designed to help customers express, connect and celebrate, today announced that the Company will release financial results for its fiscal 2022 first quarter (ended 9/26/21) on Thursday, October 28, 2021. The press release will be issued prior to market opening and will be followed by a conference call with members of senior management at 8:00 a.m. (ET).

The conference call will be available via live webcast from the Investor Relations section of the Company’s website at 1800flowersinc.com. A recording of the call will be posted on the website within two hours of the call’s completion. A telephonic replay of the call can be accessed beginning at 2:00 p.m. (ET) on October 28 through November 4, 2021, at: (US) 1-877-344-7529; (
Canada) 855-669-9658; (International) 1-412-317-0088; enter conference ID #:10161105. If you have any questions regarding the above information, please call Patty Altadonna at (516) 237-6113 or the Investor Relations office at (516) 237-6131.

Special Note Regarding Forward-Looking Statements:
Some of the statements contained in the Company’s scheduled Thursday, October 28, 2021, press release and conference call regarding its fiscal 2022 first quarter (ended 9/26/21) results, other than statements of historical fact, may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. For a more detailed description of these and other risk factors, please refer to the Company’s SEC filings including its Annual Reports and Forms 10K and 10Q available at the Investor Relations section of the Company’s website at 1800flowersinc.com. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in the scheduled conference call and any recordings thereof, or in any of its SEC filings, except as may be otherwise stated by the Company.

About 1-800-FLOWERS.COM, Inc.

1-800-FLOWERS.COM, Inc. is a leading provider of gifts designed to help customers express, connect and celebrate. The Company’s e-commerce business platform features an all-star family of brands, including: 1-800-Flowers.com®, 1-800-Baskets.com®, Cheryl’s Cookies®, Harry & David®, PersonalizationMall.com®, Shari’s Berries®, FruitBouquets.com®, Moose Munch®, The Popcorn Factory®, Wolferman’s Bakery®, Stock Yards® and Simply Chocolate®. Through the Celebrations Passport® loyalty program, which provides members with free standard shipping and no service charge across our portfolio of brands, 1-800-FLOWERS.COM, Inc. strives to deepen relationships with customers. The Company also operates BloomNet®, an international floral and gift industry service provider offering a broad-range of products and services designed to help members grow their businesses profitably; Napco?, a resource for floral gifts and seasonal décor; and DesignPac Gifts, LLC, a manufacturer of gift baskets and towers. 1-800-FLOWERS.COM, Inc. was recognized among the top 5 on the National Retail Federation’s 2021 Hot 25 Retailers list, which ranks the nation’s fastest-growing retail companies. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS. For more information, visit 1800flowersinc.com or follow @1800FLOWERSInc on Twitter.

FLWS-COMP
FLWS-FN

Investor:

Joseph D. Pititto

(516) 237-6131

E-mail: invest@1800flowers.com

Media:

Kathleen Waugh

(516) 237-6028

kwaugh@1800flowers.com

Source: 1-800-FLOWERS.COM, Inc.

Thursday, October 14, 2021

eSports Entertainment Group, Inc. (GMBL)
A Moose Or A Golden Goose?

Esports Entertainment Group Inc is a development-stage online gambling company focused purely on esports. The company’s principal business operations include design, develop and test wagering systems.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Fiscal Q4 falls short. While revenues were in line with expectations at $8.8 million, adjusted EBITDA loss was greater than expected at $5.4 million versus our loss estimate of $3.8 million. Operating expenses were significantly higher, which more than offset the better than expected gross margins.


Lowering our fiscal 2022 adj.  EBITDA estimate. Management’s Fiscal Q1 revenue guide was lighter than what we were looking for at $16.0 million to $16.5 million versus our $19.0 million estimate. Fiscal full year 2022 revenue guide was reiterated at $100 million to $105 million. We are keeping our more conservative $95 million revenue estimate. Given elevated investment levels, we are raising our …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Thursday, October 14, 2021

eSports Entertainment Group, Inc. (GMBL)
A Moose Or A Golden Goose?

Esports Entertainment Group Inc is a development-stage online gambling company focused purely on esports. The company’s principal business operations include design, develop and test wagering systems.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Fiscal Q4 falls short. While revenues were in line with expectations at $8.8 million, adjusted EBITDA loss was greater than expected at $5.4 million versus our loss estimate of $3.8 million. Operating expenses were significantly higher, which more than offset the better than expected gross margins.


Lowering our fiscal 2022 adj.  EBITDA estimate. Management’s Fiscal Q1 revenue guide was lighter than what we were looking for at $16.0 million to $16.5 million versus our $19.0 million estimate. Fiscal full year 2022 revenue guide was reiterated at $100 million to $105 million. We are keeping our more conservative $95 million revenue estimate. Given elevated investment levels, we are raising our …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision.