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CNBC, citing people familiar with the matter, reports that DoorDash's proposed purchase of Instacart could be announced as early as Thursday morning local time. The deal could value Instacart at about $17 billion.
1-800-Flowers.com said fiscal 2026 revenue fell 10.8% to $1.5 billion, while fourth-quarter revenue declined 12.9% to $293.1 million. The company also announced an amended credit facility and set fiscal 2027 guidance for a mid-single-digit revenue decline and adjusted EBITDA of $10 to $15 million.