FTD stock soars on profit increase
DOWNERS GROVE -- Flower delivery service FTD Group Inc. said second-quarter net income jumped 50 percent, to $9 million. Revenue rose nearly 2 percent, to $155 million, FTD said in a statement. FTD will release more detailed results by the end of the month, it said. FTD shares added $1.67, or 18 percent, Monday to close at $10.97 for the largest advance since the company went public in February 2005.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.