FTD Group, Inc. Reports Third Quarter of Fiscal Year 2006 Results

DOWNERS GROVE, IL. – May 1, 2006 – FTD Group, Inc. (NYSE:FTD), a leading provider of floral services and products, today announced third quarter fiscal year 2006 financial results for the period ended March 31, 2006.

THIRD QUARTER FISCAL YEAR 2006 RESULTS

Third quarter fiscal year 2006 consolidated revenue grew 3.0% to $128.6 million, compared to revenue of $124.9 million for the same period of fiscal year 2005. This revenue growth was driven primarily by an increase in sales related to the Valentine's Day holiday, for which the Company previously reported a 14% growth in order volume within its Consumer Segment versus the prior year. Partially offsetting the growth for the quarter was the shift of the Easter holiday to the fourth quarter of fiscal year 2006 from the third quarter of fiscal year 2005, as well as a decrease in Florist Segment revenue associated with the sale at the end of the second quarter of fiscal year 2006 of the Renaissance Greeting Card business, a low growth business that was not core to the Company's business objectives. In the third quarter of fiscal year 2005, the Easter holiday represented approximately 5%, or approximately $4 million, of the quarterly revenues for the Consumer Segment and Renaissance had revenues of approximately $3 million. Excluding the revenue in the third quarter of fiscal year 2005 related to the Easter holiday and Renaissance, the revenue growth for the third quarter of fiscal year 2006 over the same quarter of the prior fiscal year would have been approximately 9%.

Net income for the third quarter of fiscal year 2006 was $7.4 million, or $0.26 per diluted share, compared to a net loss for the third quarter of fiscal year 2005 of $25.6 million. Management believes it is helpful to investors to be presented with the Company's prior year third quarter net income and earnings per diluted share on a pro forma basis, based on the Company's new capital structure following the completion of its initial public offering in February 2005 (the "IPO") and the elimination of certain expenses in connection with the IPO which are not reflective of ongoing operations.

Given the timing of the Company's IPO in February 2005, period-over-period net income and per share comparisons are not meaningful without adjustment. Pro forma net income for the third quarter of fiscal year 2005 was $6.8 million, or $0.22 per diluted share, reflecting the elimination of $7.7 million of expense, net of tax, related to the termination of the management services agreement with Leonard Green & Partners, L.P., $3.2 million of interest expense and $21.5 million of prepayment fees related to the Company's preferred shares subject to mandatory redemption, which were repurchased with a portion of the proceeds from the IPO, and the issuance of 15.8 million shares, which were issued in connection with the IPO.

Earnings before interest, taxes, depreciation and amortization ("EBITDA") for the third quarter of fiscal year 2006 was $19.6 million compared to Adjusted EBITDA of $18.9 million for the same period of the prior fiscal year, representing a 3.5% increase. Adjusted EBITDA for the third quarter of fiscal year 2005 excludes expenses related to the Management Services Agreement which was terminated in connection with the Company's IPO.

"We executed well and delivered a very strong Valentine's Day this quarter. We took advantage of the holiday to attract new customers to FTD.COM, but maintained a disciplined approach to new customer acquisition and delivered on our financial targets," said Michael J. Soenen, President and Chief Executive Officer of FTD. "We are optimistic about the upcoming Mother's Day holiday and believe we will continue our momentum."

Tables reconciling net income/(loss) to pro forma net income, EBITDA and Adjusted EBITDA, along with explanations and definitions of pro forma net income, EBITDA and Adjusted EBITDA, are included with the attached consolidated financial statements. Also included in the attached consolidated financial statements is a table reconciling weighted average shares outstanding to pro forma weighted average shares outstanding, which is used to calculate pro forma earnings per share. The Company believes pro forma net income, EBITDA, Adjusted EBITDA and pro forma earnings per share are useful and relevant because the expenses eliminated are not reflective of the Company's current capital structure or ongoing operations, and a comparison excluding these expenses provides supplemental information related to the Company's operations and results.

Consumer Segment

The Consumer Segment is comprised of FTD.COM, a leading Internet and telephone marketer of flowers and specialty gifts, which sells products directly to consumers primarily through the Internet via the www.FTD.COM Web site and through the 1-800-SEND-FTD toll-free telephone number. The Consumer Segment achieved revenues of $75.7 million in the third quarter of fiscal year 2006, compared to revenues of $70.6 million in the same period of fiscal year 2005, representing a 7.2% increase. Growth was primarily driven by the previously reported 14% increase in Valentine's Day order volumes, partially offset by the Easter shift, previously discussed. In the third quarter of fiscal year 2005, the Easter holiday represented approximately 5%, or approximately $4 million, of the quarterly revenues for the Consumer Segment.

Consumer orders during the third quarter of fiscal year 2006 totaled 1,194,000 million compared to 1,124,000 orders in the same period of the prior fiscal year. Average order value decreased slightly to $62.18 in the third quarter of fiscal year 2006 from $62.84 in the same period of the prior fiscal year, in line with management expectations. The percentage of Internet orders continues to grow in this segment, increasing to 91.3% for the third quarter of fiscal year 2006 from 88.2% in the third quarter of fiscal year 2005. Specialty gift orders, which include all orders delivered via common carrier, comprised 36.1% of total orders for the third quarter of the current fiscal year compared to 27.6% of total orders for the same period of fiscal year 2005.

"We are pleased with the continued growth in our Consumer Segment and believe we are well positioned heading into Mother's Day, our most important holiday of the year. We remain focused on adding new marketing programs and broadening our products to help drive revenue growth.

"Our new relationship with designer Todd Oldham is aimed at introducing new customers with more contemporary tastes to FTD," continued Soenen. The Todd Oldham collection will feature several new products including the Todd Oldham(TM) Springtime Culinary Creation, which incorporates reusable kitchen products into the floral design, the Todd Oldham(TM) Butterflies in Bloom Topiary, which is a contemporary arrangement accented with butterflies, and the Todd Oldham(TM) Artist Palette, which features 24 different colors of carnations.

Florist Segment

The Florist Segment primarily markets floral products and services to FTD members and other retail locations offering floral products in the U.S. and Canada. The Florist Segment achieved revenues of $52.9 million in the third quarter of fiscal year 2006, compared to revenues of $54.3 million in the same period of the prior fiscal year. The decline in Florist Segment revenues was primarily due to the December sale of substantially all of the assets and certain liabilities of Renaissance. In the third quarter of fiscal year 2005, Renaissance had revenues of approximately $3 million.

"Our value proposition to florists remains a critical focus of this business segment. We continue to focus on new products to help our florists do business more effectively," Soenen added.

BALANCE SHEET AND OTHER HIGHLIGHTS

The Company's debt balance was $228.0 million as of March 31, 2006, down from $233.1 million as of December 31, 2005. Capital expenditures for the fiscal year to date period ended March 31, 2006 were $7.4 million and were primarily related to the new call center that the Company opened in October 2005 and continued technology improvements.

SHARE REPURCHASE PROGRAM

As previously disclosed, on October 25, 2005 the Board of Directors authorized a share repurchase program totaling $30 million, effective through September 30, 2007. These purchases may be made from time to time in both open market and private transactions, dependent upon market and other conditions. The Company intends to repurchase shares pursuant to a 10b5-1 plan, which would generally permit the Company to repurchase shares at times when it might otherwise be prevented from doing so under certain securities laws. During the third quarter of the current fiscal year the Company repurchased 1.2 million shares at an average price of $9.43 and for the program to date through March 31, 2006, the Company has repurchased 1.5 million shares at an average price of $9.71 for a total of $15.0 million. The Company plans to continue to repurchase shares under this program.

"We continue to generate strong cash flow with limited additional capital investment. We are committed to appropriately balancing share repurchase and debt paydown initiatives with other growth opportunities to drive shareholder value," continued Soenen.

FISCAL YEAR 2006 OUTLOOK

For the full fiscal year 2006, the Company reiterates anticipated revenues of approximately $450 million to $460 million, net income and EBITDA targets of approximately $23 million and $67.5 million, respectively, and targeted diluted earnings per share at approximately $0.76. Annual EBITDA margins are expected to be approximately 15% including the effect of approximately $0.6 million of non-cash stock compensation expense associated with the Company's adoption of Statement of Financial Accounting Standards No. 123(R), of which the Company incurred $0.5 million in the fiscal year to date period ended March 31, 2006. There were no comparable expenses in fiscal year 2005. Without the effect of this non-cash expense, forecasted EBITDA would be targeted at approximately $68 million. The above targets are only estimates, which may be exceeded or alternatively may not be achieved. See "Forward-Looking Statements" below.

The Company will provide 2007 guidance on the fiscal year end 2006 conference call.

CONFERENCE CALL

A conference call has been scheduled for May 1, 2006 at 10:00 a.m., ET, to review the results for the third quarter of fiscal year 2006. To listen to the call over the Internet, go to the investor relations portion of the Company's Web site, www.FTD.COM, at least 15 minutes early to register, download and install any necessary audio software. To listen to the call by telephone, dial (877) 381-6199 (mention conference ID #21290378). A replay of the call will be available through May 15, 2006 beginning one hour after the completion of the live call by phone at (800) 633-8284 and on the Web at www.FTD.COM. The conference call contains time-sensitive information that is accurate only as of May 1, 2006, the date of the live broadcast. The call is the property of FTD Group, Inc. Any redistribution, retransmission or rebroadcast of the conference call in any form without the express written consent of FTD Group, Inc. is strictly prohibited.

ABOUT FTD GROUP, INC.

FTD Group, Inc. is a leading provider of floral-related products and services to consumers and retail floral locations in the U.S. floral retail market. The business is supported by the highly recognized FTD brand, which was established in 1910 and enjoys 96% brand recognition among the Company's principal target market of U.S. 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. The Company conducts its business through two operating segments. The Consumer Segment, primarily through the www.FTD.COM Web site and the 1-800-SEND-FTD toll-free telephone number, offers same-day delivery of floral orders to nearly 100% of the U.S. and Canadian populations. As a result of the same-day delivery capability and broad product selection, the Consumer Segment is one of the largest direct marketers of floral arrangements and specialty gifts in the U.S. The Florist Segment provides a comprehensive suite of products and services to enable the network of approximately 20,000 FTD members to send and deliver floral orders. This suite of products and services is designed to promote revenue growth and enhance the operating efficiencies of FTD members.

FORWARD-LOOKING STATEMENTS

This press release contains various "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Company's outlook, anticipated revenue growth and profitability; the anticipated benefits of investments in new products, programs and offerings; and opportunities and trends within both the Consumer and Florist Segments, including opportunities to expand these businesses and capitalize on growth opportunities or increase penetration of service offerings. These forward-looking statements are based on management's current expectations, assumptions, estimates and projections about the Company and its industry. Investors are cautioned that actual results could differ from those anticipated by the forward-looking statements as a result of: the Company's ability to acquire and retain FTD members and continued recognition by members of the value of the Company's products and services; the acceptance by members of new or modified service offerings recently introduced; the Company's ability to sell additional products and services to FTD members; the Company's ability to expand existing marketing partnerships and secure new marketing partners within the Consumer Segment; the success of the Company's marketing campaigns; the ability to retain customers and maintain average order value within the Consumer Segment; the existence of failures in the Mercury Network or the Company's Consumer Segment systems; competition from existing and potential new competitors; levels of discretionary consumer purchases of flowers and specialty gifts; the Company's ability to manage or reduce its level of expenses within both the Consumer and Florist Segments; actual growth rates for the markets in which the Company competes compared with forecasted growth rates; the Company's ability to increase capacity and introduce enhancements to its Web sites; and the Company's ability to integrate additional partners or acquisitions, if any are identified. These factors, along with other potential risks and uncertainties, are discussed in the Company's reports and other documents filed with the Securities and Exchange Commission. The Company expressly disclaims any obligation to update forward-looking statements.

Financial statements follow...   

                            FTD GROUP, INC.
            CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                              (Unaudited)
               (In thousands, except per share amounts)

                               Three Months Ended   Nine Months Ended
                                    March 31,           March 31,
                               ------------------- -------------------
                                 2006      2005      2006      2005
                               --------- --------- --------- ---------

Revenues:
    Florist segment             $52,905   $54,281  $143,118  $146,091
    Consumer segment             75,680    70,611   180,521   169,126
                               --------- --------- --------- ---------
        Total revenues          128,585   124,892   323,639   315,217

Costs of goods sold and
 services provided:
    Florist segment              18,021    19,026    46,961    49,161
    Consumer segment             55,409    52,629   132,264   126,060
    Corporate                       533       585     1,718     1,779
                               --------- --------- --------- ---------
        Total costs of goods
         sold and services
         provided                73,963    72,240   180,943   177,000

Gross profit:
    Florist segment              34,884    35,255    96,157    96,930
    Consumer segment             20,271    17,982    48,257    43,066
    Corporate                      (533)     (585)   (1,718)   (1,779)
                               --------- --------- --------- ---------
        Total gross profit       54,622    52,652   142,696   138,217

Advertising and selling:
    Florist segment              12,342    14,259    39,516    41,553
    Consumer segment             10,401     8,412    22,768    19,303
                               --------- --------- --------- ---------
        Total advertising and
         selling                 22,743    22,671    62,284    60,856

General and administrative
 (includes management fees):
    Florist segment               2,377     2,612     5,607     7,729
    Consumer segment              6,146     4,939    13,622    12,423
    Corporate                     6,525    18,937    19,215    31,407
                               --------- --------- --------- ---------
        Total general and
         administrative          15,048    26,488    38,444    51,559

Operating income (loss) before
 corporate allocations:
    Florist segment              20,165    18,384    51,034    47,648
    Consumer segment              3,724     4,631    11,867    11,340
    Corporate                    (7,058)  (19,522)  (20,933)  (33,186)
                               --------- --------- --------- ---------
        Total operating income
         before corporate
         allocations             16,831     3,493    41,968    25,802
                               --------- --------- --------- ---------

Corporate Allocations:
    Florist segment               2,868     3,117     8,364     9,126
    Consumer segment                849       693     2,451     2,187
    Corporate                    (3,717)   (3,810)  (10,815)  (11,313)
                               --------- --------- --------- ---------
        Total corporate
         allocations                  -         -         -         -

Income (loss) from operations:
    Florist segment              17,297    15,267    42,670    38,522
    Consumer segment              2,875     3,938     9,416     9,153
    Corporate                    (3,341)  (15,712)  (10,118)  (21,873)
                               --------- --------- --------- ---------
        Total income from
         operations              16,831     3,493    41,968    25,802
                               --------- --------- --------- ---------

Other income and expenses:
    Interest income                (233)     (299)     (528)     (466)
    Interest expense              4,829     5,395    14,596    15,429
    Interest expense and
     prepayment fees on shares
     subject to mandatory
     redemption                       -    24,684         -    34,732
    Other income, net              (118)     (100)     (206)     (421)
                               --------- --------- --------- ---------

        Total other expenses      4,478    29,680    13,862    49,274
                               --------- --------- --------- ---------

        Income (loss) before
         income tax              12,353   (26,187)   28,106   (23,472)

Income tax expense (benefit)      4,932      (602)   11,357     4,504
                               --------- --------- --------- ---------

        Net income (loss)        $7,421  $(25,585)  $16,749  $(27,976)
                               ========= ========= ========= =========

Net income (loss) per common
 share - basic                    $0.26    $(1.14)    $0.58    $(1.70)
                               ========= ========= ========= =========
Net income (loss) per common
 share - diluted                  $0.26    $(1.14)    $0.56    $(1.70)
                               ========= ========= ========= =========

Weighted average common shares
 outstanding - basic             28,111    22,493    28,989    16,479
                               ========= ========= ========= =========
Weighted average common shares
 outstanding - diluted           29,031    22,493    30,025    16,479
                               ========= ========= ========= =========

                            FTD GROUP, INC.
                      CONSOLIDATED BALANCE SHEETS
                 (In thousands, except share amounts)

                                               March 31,     June 30,
                  ASSETS                         2006         2005
                  ------                      -----------  -----------
Current Assets:                               (Unaudited)
    Cash and cash equivalents                       $223       $8,890
    Accounts receivable, less allowance for
     doubtful accounts of $3,851 at March
     31, 2006 and $2,521 at June 30, 2005         31,463       23,419
    Inventories, net                               2,735        6,495
    Deferred income taxes                          2,371        2,550
    Prepaid expenses and other current assets      4,798        7,782
                                              -----------  -----------
        Total current assets                      41,590       49,136

Property and equipment:
    Land and improvements                          1,380        1,380
    Building and improvements                     15,415       14,291
    Computer equipment                             4,828        3,345
    Furniture and equipment                        3,262        2,814
                                              -----------  -----------
        Total                                     24,885       21,830
    Less accumulated depreciation                  5,412        3,790
                                              -----------  -----------
        Property and equipment, net               19,473       18,040

Other assets:
    Deferred financing fees, net                   7,323        8,527
    Computer software, net                        11,005       11,010
    Other noncurrent assets                       12,235        8,985
    Other intangible assets, less accumulated
     amortization of $5,343 at March 31, 2006
     and $3,393 at June 30, 2005                  15,430       17,380
    Trademark                                    121,577      121,577
    Goodwill                                     336,659      336,659
                                              -----------  -----------
        Total other assets                       504,229      504,138
                                              -----------  -----------
        Total assets                            $565,292     $571,314
                                              ===========  ===========

    LIABILITIES AND STOCKHOLDERS' EQUITY
    -------------------------------------

Current liabilities:
    Accounts payable                             $44,356      $41,498
    Customer deposits                              4,497        5,143
    Unearned income                                2,359        2,522
    Accrued interest                               2,253        4,993
    Accrued compensation                           4,285        4,128
    Other accrued liabilities                      7,823        5,058
    Current maturities of long-term debt             590        1,633
                                              -----------  -----------
        Total current liabilities                 66,163       64,975

Senior secured credit facility                    57,277       67,330
Senior subordinated notes                        170,117      170,117
Post-retirement benefits and accrued pension
 obligations                                       2,624        2,856
Deferred income taxes                             60,610       60,289

Stockholders' equity:
    Common stock:  $0.01 par value, 75,000,000
     shares authorized; 29,482,182 and
     29,451,791 shares issued as of March 31,
     2006 and June 30, 2005, respectively            295          295
    Additional paid-in capital                   233,200      232,759
    Accumulated deficit                          (10,348)     (27,097)
    Accumulated other comprehensive loss             (68)        (210)
    Treasury stock, at cost, 1,505,480 shares
     as of March 31, 2006                        (14,578)           -
                                              -----------  -----------
        Total stockholders' equity               208,501      205,747
                                              -----------  -----------
        Total liabilities and stockholders'
         equity                                 $565,292     $571,314
                                              ===========  ===========

                            FTD GROUP, INC.
                 CONSOLIDATED STATEMENTS OF CASH FLOWS
                              (Unaudited)
                            (In thousands)

                                                 Nine Months Ended
                                                     March 31,
                                              ------------------------
                                                 2006         2005
                                              -----------  -----------

Cash flows from operating activities:
    Net income (loss)                            $16,749     $(27,976)
    Adjustments to reconcile net income
     (loss) to net cash provided by
     operating activities:
        Depreciation                               3,160        4,031
        Amortization                               4,580        4,057
        Interest expense on mandatorily
         redeemable shares                             -       34,732
        Gain from sale of business and related
         transactions                               (991)           -
        Stock-based compensation                     458            -
        Amortization and write off of deferred
         financing costs                           1,204        1,170
        Provision for doubtful accounts            2,589        3,179
        Deferred income taxes                        500        3,206
        Increase (decrease) in cash due to
         changes in operating assets and
         liabilities:
            Accounts receivable                  (12,002)      (7,621)
            Inventories                            1,388        2,122
            Prepaid expenses and other             2,575       (1,066)
            Other noncurrent assets               (1,807)      (2,145)
            Accounts payable                       3,308          763
            Other accrued liabilities,
             unearned income, customer
             deposits and other                     (981)     (10,112)
                                              -----------  -----------

                      Net cash provided by
                       operating activities       20,730        4,340
                                              -----------  -----------

Cash flows from investing activities:
    Capital expenditures                          (7,370)      (3,058)
    Proceeds from sale of business                 3,500            -
    Restricted cash                                    -        7,261
    Acquisition                                        -       (8,458)
                                              -----------  -----------

                      Net cash used in
                       investing activities       (3,870)      (4,255)
                                              -----------  -----------

Cash flows from financing activities:
    Net proceeds from the issuance of common
     stock                                             -      193,533
    Redemption of preferred stock and
     prepayment fee                                    -     (186,811)
    Repayments of long-term debt                 (11,096)      (5,638)
    Net proceeds from (repayments of)
     revolving credit facility                         -        2,000
    Purchase of company stock                    (14,999)           -
    Proceeds from exercise of stock options          209            -
    Tax effect of stock option benefit               217            -
    Capital contribution                               -          827
    Deferred financing costs                           -         (243)
                                              -----------  -----------

                      Net cash provided by
                       (used in) financing
                       activities                (25,669)       3,668
                                              -----------  -----------

    Effect of foreign exchange rate changes
     on cash                                         142          184
                                              -----------  -----------

Net increase in cash and cash equivalents         (8,667)       3,937

Cash and cash equivalents at beginning of
 period                                            8,890        2,491
                                              -----------  -----------

Cash and cash equivalents at end of period          $223       $6,428
                                              ===========  ===========

                            FTD GROUP, INC.
                          SEGMENT INFORMATION
                              (Unaudited)
                            (In thousands)

                                       Three Months Ended
                                         March 31, 2006
                          --------------------------------------------
                          Gross Segment   Eliminations   Consolidated
                          -------------- -------------- --------------

Revenues:
Florist segment                 $52,979           $(74)       $52,905
Consumer segment                 80,883         (5,203)        75,680
                          -------------- -------------- --------------
          Total                 133,862         (5,277)       128,585
                          -------------- -------------- --------------

Costs of Goods Sold and
Services Provided:
Florist segment                  18,849           (828)        18,021
Consumer segment                 56,156           (747)        55,409
Corporate                           533              -            533
                          -------------- -------------- --------------
          Total                  75,538         (1,575)        73,963
                          -------------- -------------- --------------

Gross Profit:
Florist segment                  34,130            754         34,884
Consumer segment                 24,727         (4,456)        20,271
Corporate                          (533)             -           (533)
                          -------------- -------------- --------------
          Total                  58,324         (3,702)        54,622
                          -------------- -------------- --------------

Advertising and Selling:
Florist segment                  16,044         (3,702)        12,342
Consumer segment                 10,401              -         10,401
                          -------------- -------------- --------------
  Total                          26,445         (3,702)        22,743
                          -------------- -------------- --------------

General and Administrative
(includes Management Fees):
Florist segment                   2,377              -          2,377
Consumer segment                  6,881           (735)         6,146
Corporate                         5,790            735          6,525
                          -------------- -------------- --------------
          Total                  15,048              -         15,048
                          -------------- -------------- --------------

Operating Income (Loss)
before Corporate Allocations:
Florist segment                  15,709          4,456         20,165
Consumer segment                  7,445         (3,721)         3,724
Corporate                        (6,323)          (735)        (7,058)
                          -------------- -------------- --------------
          Total                  16,831              -         16,831
                          -------------- -------------- --------------

Corporate Allocations:
Florist segment                   2,868              -          2,868
Consumer segment                    849              -            849
Corporate                        (3,717)             -         (3,717)
                          -------------- -------------- --------------
          Total                       -              -              -
                          -------------- -------------- --------------

Operating Income (Loss):
Florist segment                  12,841          4,456         17,297
Consumer segment                  6,596         (3,721)         2,875
Corporate                        (2,606)          (735)        (3,341)
                          -------------- -------------- --------------
          Total                 $16,831             $-        $16,831
                          ============== ============== ==============

Depreciation and
Amortization:
Florist segment                     821             $-           $821
Consumer segment                    836              -            836
Corporate                           967              -            967
                          -------------- -------------- --------------
          Total                  $2,624             $-         $2,624
                          ============== ============== ==============

                                       Three Months Ended
                                         March 31, 2005
                          --------------------------------------------
                          Gross Segment   Eliminations   Consolidated
                          -------------- -------------- --------------

Revenues:
Florist segment                 $54,320           $(39)       $54,281
Consumer segment                 76,147         (5,536)        70,611
                          -------------- -------------- --------------
          Total                 130,467         (5,575)       124,892
                          -------------- -------------- --------------

Costs of Goods Sold and
Services Provided:
Florist segment                  19,846           (820)        19,026
Consumer segment                 53,372           (743)        52,629
Corporate                           585              -            585
                          -------------- -------------- --------------
          Total                  73,803         (1,563)        72,240
                          -------------- -------------- --------------

Gross Profit:
Florist segment                  34,474            781         35,255
Consumer segment                 22,775         (4,793)        17,982
Corporate                          (585)             -           (585)
                          -------------- -------------- --------------
          Total                  56,664         (4,012)        52,652
                          -------------- -------------- --------------

Advertising and Selling:
Florist segment                  18,271         (4,012)        14,259
Consumer segment                  8,412              -          8,412
                          -------------- -------------- --------------
  Total                          26,683         (4,012)        22,671
                          -------------- -------------- --------------

General and Administrative
(includes Management Fees):
Florist segment                   2,612              -          2,612
Consumer segment                  5,639           (700)         4,939
Corporate                        18,237            700         18,937
                          -------------- -------------- --------------
          Total                  26,488              -         26,488
                          -------------- -------------- --------------

Operating Income (Loss)
before Corporate Allocations:
Florist segment                  13,591          4,793         18,384
Consumer segment                  8,724         (4,093)         4,631
Corporate                       (18,822)          (700)       (19,522)
                          -------------- -------------- --------------
          Total                   3,493              -          3,493
                          -------------- -------------- --------------

Corporate Allocations:
Florist segment                   3,117              -          3,117
Consumer segment                    693              -            693
Corporate                        (3,810)             -         (3,810)
                          -------------- -------------- --------------
          Total                       -              -              -
                          -------------- -------------- --------------

Operating Income (Loss):
Florist segment                  10,474          4,793         15,267
Consumer segment                  8,031         (4,093)         3,938
Corporate                       (15,012)          (700)       (15,712)
                          -------------- -------------- --------------
          Total                  $3,493             $-         $3,493
                          ============== ============== ==============

Depreciation and
Amortization:
Florist segment                    $919             $-           $919
Consumer segment                    593              -            593
Corporate                           961              -            961
                          -------------- -------------- --------------
          Total                  $2,473             $-         $2,473
                          ============== ============== ==============

                            FTD GROUP, INC.
                          SEGMENT INFORMATION
                              (Unaudited)
                            (In thousands)

                                       Nine Months Ended
                                         March 31, 2006
                          --------------------------------------------
                          Gross Segment   Eliminations   Consolidated
                          -------------- -------------- --------------

Revenues:
Florist segment                $143,323          $(205)      $143,118
Consumer segment                193,836        (13,315)       180,521
                          -------------- -------------- --------------
          Total                 337,159        (13,520)       323,639
                          -------------- -------------- --------------

Costs of Goods Sold and
Services Provided:
Florist segment                  49,485         (2,524)        46,961
Consumer segment                134,073         (1,809)       132,264
Corporate                         1,718              -          1,718
                          -------------- -------------- --------------
          Total                 185,276         (4,333)       180,943
                          -------------- -------------- --------------

Gross Profit:
Florist segment                  93,838          2,319         96,157
Consumer segment                 59,763        (11,506)        48,257
Corporate                        (1,718)             -         (1,718)
                          -------------- -------------- --------------
          Total                 151,883         (9,187)       142,696
                          -------------- -------------- --------------

Advertising and Selling:
Florist segment                  48,703         (9,187)        39,516
Consumer segment                 22,768              -         22,768
                          -------------- -------------- --------------
  Total                          71,471         (9,187)        62,284
                          -------------- -------------- --------------

General and Administrative
(includes Management Fees):
Florist segment                   5,607              -          5,607
Consumer segment                 15,407         (1,785)        13,622
Corporate                        17,430          1,785         19,215
                          -------------- -------------- --------------
          Total                  38,444              -         38,444
                          -------------- -------------- --------------

Operating Income (Loss)
before Corporate Allocations:
Florist segment                  39,528         11,506         51,034
Consumer segment                 21,588         (9,721)        11,867
Corporate                       (19,148)        (1,785)       (20,933)
                          -------------- -------------- --------------
          Total                  41,968              -         41,968
                          -------------- -------------- --------------

Corporate Allocations:
Florist segment                   8,364              -          8,364
Consumer segment                  2,451              -          2,451
Corporate                       (10,815)             -        (10,815)
                          -------------- -------------- --------------
          Total                       -              -              -
                          -------------- -------------- --------------

Operating Income (Loss):
Florist segment                  31,164         11,506         42,670
Consumer segment                 19,137         (9,721)         9,416
Corporate                        (8,333)        (1,785)       (10,118)
                          -------------- -------------- --------------
          Total                 $41,968             $-        $41,968
                          ============== ============== ==============

Depreciation and
Amortization:
Florist segment                  $2,551             $-         $2,551
Consumer segment                  2,293              -          2,293
Corporate                         2,896              -          2,896
                          -------------- -------------- --------------
          Total                  $7,740             $-         $7,740
                          ============== ============== ==============

                                       Nine Months Ended
                                         March 31, 2005
                          --------------------------------------------
                          Gross Segment   Eliminations   Consolidated
                          -------------- -------------- --------------

Revenues:
Florist segment                $146,190           $(99)      $146,091
Consumer segment                182,964        (13,838)       169,126
                          -------------- -------------- --------------
          Total                 329,154        (13,937)       315,217
                          -------------- -------------- --------------

Costs of Goods Sold and
Services Provided:
Florist segment                  51,499         (2,338)        49,161
Consumer segment                127,829         (1,769)       126,060
Corporate                         1,779              -          1,779
                          -------------- -------------- --------------
          Total                 181,107         (4,107)       177,000
                          -------------- -------------- --------------

Gross Profit:
Florist segment                  94,691          2,239         96,930
Consumer segment                 55,135        (12,069)        43,066
Corporate                        (1,779)             -         (1,779)
                          -------------- -------------- --------------
          Total                 148,047         (9,830)       138,217
                          -------------- -------------- --------------

Advertising and Selling:
Florist segment                  51,381         (9,828)        41,553
Consumer segment                 19,303              -         19,303
                          -------------- -------------- --------------
  Total                          70,684         (9,828)        60,856
                          -------------- -------------- --------------

General and Administrative
(includes Management Fees):
Florist segment                   7,729              -          7,729
Consumer segment                 14,107         (1,684)        12,423
Corporate                        29,725          1,682         31,407
                          -------------- -------------- --------------
          Total                  51,561             (2)        51,559
                          -------------- -------------- --------------

Operating Income (Loss)
before Corporate Allocations:
Florist segment                  35,581         12,067         47,648
Consumer segment                 21,725        (10,385)        11,340
Corporate                       (31,504)        (1,682)       (33,186)
                          -------------- -------------- --------------
          Total                  25,802              -         25,802
                          -------------- -------------- --------------

Corporate Allocations:
Florist segment                   9,126              -          9,126
Consumer segment                  2,187              -          2,187
Corporate                       (11,313)             -        (11,313)
                          -------------- -------------- --------------
          Total                       -              -              -
                          -------------- -------------- --------------

Operating Income (Loss):
Florist segment                  26,455         12,067         38,522
Consumer segment                 19,538        (10,385)         9,153
Corporate                       (20,191)        (1,682)       (21,873)
                          -------------- -------------- --------------
          Total                 $25,802             $-        $25,802
                          ============== ============== ==============

Depreciation and
Amortization:
Florist segment                  $3,354             $-         $3,354
Consumer segment                  1,842              -          1,842
Corporate                         2,892              -          2,892
                          -------------- -------------- --------------
          Total                  $8,088             $-         $8,088
                          ============== ============== ==============

                            FTD GROUP, INC.
                      NON-GAAP FINANCIAL MEASURES
         PRO FORMA NET INCOME AND PRO FORMA EARNINGS PER SHARE
                              (Unaudited)
                 (In thousands, except per share data)

Reconciliation of certain financial measures reported in accordance
with Generally Accepted Accounting Principles ("GAAP") to those
presented on the basis of methodologies other than in accordance with
GAAP ("non-GAAP").

In addition to the GAAP financial measures set forth in this press
release, the Company has included certain non-GAAP financial measures
within the meaning of Regulation G as a result of significant changes
in the Company's capital structure resulting from the Company's
initial public offering in February 2005 (the "IPO"). The Company has
included "pro forma EPS," calculated based on "pro forma net income,"
and "pro forma weighted average shares outstanding," which are all
non-GAAP financial measures. The Company's management believes that
these measurements are important to investors and other interested
persons and that such persons benefit from having a consistent basis
for comparison between quarters and for comparison with other
companies in the industry.

While management believes that pro forma net income and pro forma EPS
will be helpful to investors in understanding and evaluating the
Company's performance in the periods immediately following the IPO,
management does not expect to continue to provide pro forma net income
and pro forma EPS once the effects of the significant changes to the
Company's capital structure are able to be fully reflected in the
Company's financial statements.

The Company is providing pro forma net income, pro forma EPS and pro
forma weighted average shares outstanding for the three- and
nine-month periods ended March 31, 2005, assuming that the following
transactions had occurred on June 30, 2004:

      (i)the issuance of 15,842,893 shares in connection with the IPO;

     (ii)the repurchase of the 14% Senior Redeemable Exchangeable
         Cumulative Preferred Stock and the 12% Junior Redeemable
         Exchangeable Cumulative Preferred Stock; and

    (iii)the termination of the Management Services Agreement.

                                        Three Months     Nine Months
                                            Ended           Ended
                                          March 31,       March 31,
                                            2005            2005
                                       --------------- ---------------

      Net income (loss), as reported
       (GAAP basis)                          $(25,585)       $(27,976)
      Plus: management fees, net of
            40% tax effect                      7,710           8,338
      Plus: interest expense and
            prepayment fees on shares
            subject to mandatory
            redemption                         24,684          34,732
                                       --------------- ---------------

      Pro forma net income                     $6,809         $15,094
                                       =============== ===============

      Pro forma EPS:
      --------------
      Basic                                     $0.23           $0.51
                                       =============== ===============
      Diluted                                   $0.22           $0.51
                                       =============== ===============

      Basic:
      ------
      Weighted average shares
       outstanding, as reported (GAAP
       basis)                                  22,493          16,479
      Add: weighted average effect as
           if IPO occurred on 6/30/04           6,959          12,882
                                       --------------- ---------------
      Pro forma weighted average
       shares outstanding                      29,452          29,361
                                       =============== ===============

      Diluted:
      --------
      Weighted average shares
       outstanding (GAAP basis)                23,460          16,879
      Add: weighted average effect as
           if IPO occurred on 6/30/04           6,959          12,882
                                       --------------- ---------------
      Pro forma weighted average
       shares outstanding                      30,419          29,761
                                       =============== ===============

                            FTD GROUP, INC.
                      NON-GAAP FINANCIAL MEASURES
                      EBITDA AND ADJUSTED EBITDA
                              (Unaudited)
                            (In thousands)

Reconciliation of certain financial measures reported in accordance
with Generally Accepted Accounting Principles ("GAAP") to those
presented on the basis of methodologies other than in accordance with
GAAP ("non-GAAP").

The Company defines EBITDA as net income (loss) before net interest
expense, income tax expense, depreciation and amortization. The
Company defines Adjusted EBITDA as EBITDA plus (i) expenses that are
not considered reflective of the Company's ongoing operations and (ii)
management fees, because these fees were excluded in measuring the
Company's performance under the executive compensation plan, the
senior credit agreement and the indenture governing the 7.75% Senior
Subordinated Notes (the "Notes"). EBITDA and Adjusted EBITDA are
calculated as follows for the periods presented:

                             Three Months Ended     Nine Months Ended
                                  March 31,             March 31,
                             -------------------   -------------------
                               2006      2005        2006      2005
                             --------- ---------   --------- ---------

      Net income (loss), as
       reported (GAAP basis)   $7,421  $(25,585)    $16,749  $(27,976)
      plus: Interest
            expense, net        4,596     5,096      14,068    14,963
      plus: Interest expense
            on shares
            subject to
            mandatory
            redemption              -    24,684           -    34,732
      plus: Depreciation and
            amortization        2,624     2,473       7,740     8,088
      plus: Income tax
            expense             4,932      (602)     11,357     4,504
                             --------- ---------   --------- ---------
      EBITDA (1)               19,573     6,066      49,914    34,311
      plus: Management fees
            (2)                     -    12,850           -    13,897
                             --------- ---------   --------- ---------
      Adjusted EBITDA (1)     $19,573   $18,916     $49,914   $48,208
                             ========= =========   ========= =========

(1) The Company uses EBITDA and Adjusted EBITDA as supplemental
    measures of performance. The Company presents Adjusted EBITDA
    because it considers it an important supplemental measure of
    performance, as it is used as a performance measure under the
    senior credit facility entered into in connection with the 2004
    Going Private Transaction, the indenture governing the Notes and
    the Company's executive compensation plan. The adjustment made in
    the calculation of Adjusted EBITDA, as described above, is an
    adjustment that would be made in calculating the Company's
    performance for purposes of coverage ratios under the senior
    credit facility and the indenture governing the Notes, and the
    Company's executive compensation plan bases incentive compensation
    payments in significant part on the Company's performance measured
    using Adjusted EBITDA as presented above. Measures similar to
    EBITDA and Adjusted EBITDA are also widely used by the Company and
    by others in the Company's industry to evaluate and price
    potential acquisition candidates.

    The Company believes EBITDA and Adjusted EBITDA facilitate
    operating performance comparisons from period to period and
    company to company by backing out potential differences caused by
    variations in capital structure (affecting relative interest
    expense), tax positions (such as the impact on periods or
    companies of changes in effective tax rates or net operating
    losses) and the age and book depreciation of facilities and
    equipment (affecting relative depreciation expense). The Company
    also presents EBITDA and Adjusted EBITDA because it believes they
    are frequently used by investors and other interested parties in
    the evaluation of high yield issuers, many of which present EBITDA
    and/or Adjusted EBITDA when reporting their results.

    EBITDA and Adjusted EBITDA have limitations as analytical tools,
    and should not be considered in isolation, or as a substitute for
    analysis of the Company's results as reported under GAAP. Some of
    the limitations of EBITDA and Adjusted EBITDA are that they do not
    reflect the Company's cash expenditures for capital expenditures,
    they do not reflect the significant interest expense or the cash
    requirements necessary to service interest or principal payments
    on the Company's debt, they do not reflect changes in, or cash
    requirements for, the Company's working capital requirements, they
    do not reflect the impact of management fees paid, and other
    companies in the Company's industry may calculate these measures
    differently than presented above. The Company compensates for
    these limitations by relying primarily on GAAP results and using
    EBITDA and Adjusted EBITDA only supplementally.

(2) The Management Services Agreement was terminated in connection
    with the Company's initial public offering in February 2005.

                            FTD GROUP, INC.
                      NON-GAAP FINANCIAL MEASURES
                      EBITDA AND ADJUSTED EBITDA
                              (Unaudited)
                            (In thousands)

Reconciliation of certain financial measures reported in accordance
with Generally Accepted Accounting Principles ("GAAP") to those
presented on the basis of methodologies other than in accordance with
GAAP ("non-GAAP").

The Company defines EBITDA as net income (loss) before net interest
expense, income tax expense, depreciation and amortization. The
Company defines Adjusted EBITDA as EBITDA plus (i) expenses that are
not considered reflective of the Company's ongoing operations and (ii)
management fees, because these fees were excluded in measuring the
Company's performance under the executive compensation plan, the
senior credit agreement and the indenture governing the 7.75% Senior
Subordinated Notes (the "Notes"). EBITDA and Adjusted EBITDA are
calculated as follows for the periods presented:

                              Three Months Ended      Year Ending
                                 June 30, 2006        June 30, 2006
                             (Forecasted Targets) (Forecasted Targets)
                             -------------------- --------------------
                                (in thousands)       (in thousands)

      Revenues               $126,000 - $136,000  $450,000 - $460,000

      Net income (GAAP
       basis)                             $6,250              $23,000
      plus: Interest
            expense, net                   4,400               18,500
      plus: Depreciation and
            amortization                   3,000               10,750
      plus: Income tax
            expense                        3,900               15,250
                             -------------------- --------------------
      EBITDA (1)                         $17,550              $67,500
                             ==================== ====================

                              Three Months Ended      Year Ending
                                 June 30, 2005        June 30, 2005
                             -------------------- --------------------
                                (in thousands)       (in thousands)

      Revenues                          $122,578             $437,795

      Net income (loss)
       (GAAP basis)                       $5,376             $(22,600)
      plus: Interest
            expense, net                   4,854               19,817
      plus: Interest expense
            and prepayment
            fees on shares
            subject to
            mandatory
            redemption                         -               34,732
      plus: Depreciation and
            amortization                   2,413               10,499
      plus: Income tax
            expense                        3,583                8,087
                             -------------------- --------------------
      EBITDA (1)                          16,226               50,535
      plus: Management fees
            (2)                                -               13,897
                             -------------------- --------------------
      Adjusted EBITDA (1)                $16,226              $64,432
                             ==================== ====================

(1) The Company uses EBITDA and Adjusted EBITDA as supplemental
    measures of performance. The Company presents Adjusted EBITDA
    because it considers it an important supplemental measure of
    performance, as it is used as a performance measure under the
    senior credit facility entered into in connection with the 2004
    Going Private Transaction, the indenture governing the Notes and
    the Company's executive compensation plan. The adjustment made in
    the calculation of Adjusted EBITDA, as described above, is an
    adjustment that would be made in calculating the Company's
    performance for purposes of coverage ratios under the senior
    credit facility and the indenture governing the Notes, and the
    Company's executive compensation plan bases incentive compensation
    payments in significant part on the Company's performance measured
    using Adjusted EBITDA as presented above. Measures similar to
    EBITDA and Adjusted EBITDA are also widely used by the Company and
    by others in the Company's industry to evaluate and price
    potential acquisition candidates.

    The Company believes EBITDA and Adjusted EBITDA facilitate
    operating performance comparisons from period to period and
    company to company by backing out potential differences caused by
    variations in capital structure (affecting relative interest
    expense), tax positions (such as the impact on periods or
    companies of changes in effective tax rates or net operating
    losses) and the age and book depreciation of facilities and
    equipment (affecting relative depreciation expense). The Company
    also presents EBITDA and Adjusted EBITDA because it believes they
    are frequently used by investors and other interested parties in
    the evaluation of high yield issuers, many of which present EBITDA
    and/or Adjusted EBITDA when reporting their results.

    EBITDA and Adjusted EBITDA have limitations as analytical tools,
    and should not be considered in isolation, or as a substitute for
    analysis of the Company's results as reported under GAAP. Some of
    the limitations of EBITDA and Adjusted EBITDA are that they do not
    reflect the Company's cash expenditures for capital expenditures,
    they do not reflect the significant interest expense or the cash
    requirements necessary to service interest or principal payments
    on the Company's debt, they do not reflect changes in, or cash
    requirements for, the Company's working capital requirements, they
    do not reflect the impact of management fees paid, and other
    companies in the Company's industry may calculate these measures
    differently than presented above. The Company compensates for
    these limitations by relying primarily on GAAP results and using
    EBITDA and Adjusted EBITDA only supplementally.

(2) The Management Services Agreement was terminated in connection
    with the Company's initial public offering in February 2005.

###

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