FTD Companies Inc. (NASDAQ:FTD)
Industry: Services

OFF LIST - 2839 consecutive market days: OFF LIST as of 02/25/2005 Through 11/14/2016

FTD Group, Inc., formerly known as Mercury Man Holdings Corporation, is a provider of floral-related products and services to consumers and retail florists, as well as other retail locations offering floral products in the United States retail market. The Company's business is supported by its FTD brand, which targets consumers between the ages of 25 and 64, as well as by the Mercury Man logo, which is displayed in approximately 50,000 floral shops globally. FTD Group conducts its business through two operating segments. The consumer segment, primarily through the www.ftd.com Website and the 1-800-SEND-FTD toll-free telephone number, offers same-day delivery of floral orders to customers in the United States and Canada. The segment generated about 4.1 million orders from consumers during the fiscal year ended June 30, 2005 (fiscal 2005). The florist segment provides a suite of products and services to enable FTD Group's network of approximately 20,000 FTD members to send and deliver floral orders. On February 24, 2004, the Company completed a going private transaction with an affiliate of Leonard Green & Partners, L.P. In the transaction, Nectar Merger Corporation, which was a wholly owned subsidiary of Mercury Man Holdings Corporation, merged with and into FTD, Inc., with FTD, Inc. continuing as the surviving corporation. As a result of the transaction, FTD Group ceased to have its equity publicly traded and became a wholly owned subsidiary of Mercury Man Holdings Corporation, an affiliate of Green Equity Investors IV, L.P. Green Equity Investors IV is a private investment fund affiliated with Leonard Green & Partners, L.P. Consumer Segment The consumer segment is an Internet and telephone marketer of flowers and specialty gift items to consumers, operating primarily through the www.ftd.com Website and the 1-800-SEND-FTD toll-free telephone number. FTD Group typically offers over 400 floral arrangements and over 800 specialty gift items, which are delivered via common courier, including boxed flowers, plants, gourmet food gifts, holiday gifts, bath and beauty products, jewelry, wine and gift baskets, dried flowers and stuffed animals. In fiscal 2005, the consumer segment generated 56.4% of the Company's total revenues. Consumers place orders at the www.ftd.com Website or over the telephone, which are then transmitted to florists or third-party specialty gift providers for processing and delivery. The Internet is the primary channel for orders, representing approximately 87% of total order volume during fiscal 2005. Through the network of FTD members, FTD Group is able to offer same-day delivery to nearly 100% of United States and Canadian populations. In addition, the consumer segment routes floral orders through an international network of floral retailers enabling next-day delivery in over 150 countries. Through third-party manufacturers and distributors, the Company offers next-day delivery of specialty gift orders throughout the United States. The Company competes with 1-800-FLOWERS.COM, Inc. and Provide Commerce, Inc. Florist Segment The florist segment provides a suite of products and services to enable FTD members to send and deliver floral orders. FTD Group, Inc. provides these services to its network of approximately 20,000 independent FTD members located primarily in the United States and Canada, which includes traditional retail florists, as well as to other retailers offering floral products. The florist segment comprises of three sub-segments: Member Services, Mercury Technology and Specialty Wholesaling. In fiscal 2005, the Florist segment generated 43.6% of the Company's total revenues. The Member Services sub-segment is the primary provider of FTD Group's suite of business services to FTD members. Through the Member Services sub-segment, the Company provides FTD members access to the FTD brand and the Mercury Man logo, supported by national advertising, order clearinghouse services, a quarterly directory publication of FTD members, credit card processing services, e-comme

Current Quote*
Last: $6.820
Change: -0.470
Book: $Unk
Volume: 280,741

As Of: 11/21 16:43 ET
*Quotes delayed by 20min.

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