OSTK - Earnings announcements

MIDVALE, Utah, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), which operates as Bed Bath & Beyond, today reported financial results for the quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights •Total net revenue was $373 million, a decrease of 19% year-over-year•Gross profit of $70 million, or 18.7% of total net revenue•Operating loss of $41 million•Net loss of $63 million•Diluted net loss per share of $1.39; Adjusted diluted net loss per share (non-GAAP) of $0.61•Adjusted EBITDA (non-GAAP) of ($24) million, which represents (6.4)% of net revenue•Cash and cash equivalents totaled $325 million at the end of the third quarter "Over the last th

MIDVALE, Utah, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), which operates as Bed Bath & Beyond, is scheduled to release third quarter financial results for the period ended September 30, 2023, on Thursday, October 26, 2023, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance. Webcast and Replay InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To participate in the conference call via telephone, please pre-re

Completed acquisition of Bed Bath & Beyond brand and other intellectual property Executing a transformative re-branding, supported by strong balance sheet SALT LAKE CITY, July 27, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights •Total net revenue was $422 million, a decrease of 20% year-over-year•Gross profit of $94 million, or 22.4% of total net revenue•Operating loss of $4 million•Net loss of $73 million•Diluted net loss per share of $1.63;

SALT LAKE CITY, July 13, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading online furniture and home furnishings retailer, is scheduled to release second quarter financial results for the period ended June 30, 2023, on Thursday, July 27, 2023, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance. Webcast and Replay InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To participate in the conference call via telephone, please

Acquired iconic brand with high consumer awareness, vast customer database, and website domains among other intellectual propertyCombining Overstock's asset-light business model with the well-known Bed Bath & Beyond brandTransitioning to single Bed Bath & Beyond domain for quality home productsRe-branding Overstock Club O loyalty program as Welcome Rewards SALT LAKE CITY, June 28, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading online furniture and home furnishings retailer, today announced the consummation of its acquisition of certain intellectual property assets of the Bed Bath & Beyond banner from Bed Bath & Beyond, Inc. under a Bankruptcy Court supervised proce

Executing on key growth drivers to further improve revenue performance Strong gross margin result in a highly competitive environment SALT LAKE CITY, April 27, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended March 31, 2023. First Quarter 2023 Financial Highlights •Total net revenue was $381 million, a decrease of 29% year over year•Gross profit of $90 million, or 23.5% of total net revenue•Net loss of $10 million•Diluted net loss per share of $0.23; Adjusted diluted net loss per share (non-GAAP) of $0.10•Adjusted EBITDA (non-GAAP) of $3 million, which represents 0.9% of net revenue•Cash and cash equivalents

SALT LAKE CITY, April 13, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading online furniture and home furnishings retailer, is scheduled to release first quarter financial results for the period ended March 31, 2023, on Thursday, April 27, 2023, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance. Webcast and Replay InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To participate in the conference call via telephone, plea

Delivered Q4 and Full Year Gross Margin in line with committed target despite elevated promotions in a highly competitive landscape. Strong sales performance during Cyber 5 in strategically positioned relevant giftable inventory. SALT LAKE CITY, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter and full year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights, from continuing operations Total net revenue was $405 million, a decrease of 34% year over yearGross profit of $90 million, or 22.1% of total net revenueOperating loss of $3 millionNet loss of $16 millionDiluted net loss per share of $0.34; Adjusted

SALT LAKE CITY, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading online furniture and home furnishings retailer, is scheduled to release fourth quarter and full year financial results for the period ended December 31, 2022, on Wednesday, February 22, 2023, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance. Webcast and Replay InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To participate in the conference cal

Labor Day event largest single sales day of 2022 Ended the quarter with a strong balance sheet with over $400 million in cash SALT LAKE CITY, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended September 30, 2022. Third Quarter 2022 Financial Highlights, from continuing operations Total net revenue of $460 million, a decrease of 33% year over yearGross profit of $107 million, or 23.3% of total net revenueLoss from continuing operations of $37 millionOperating income of $6 millionDiluted net loss per share of $0.81; Adjusted diluted earnings per share (non-GAAP) of $0.13Adjusted EBITDA (non-GAAP) of $15 million, whic

SALT LAKE CITY, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading online furniture and home furnishings retailer, is scheduled to release third quarter financial results for the period ended September 30, 2022, on Thursday, October 27, 2022, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance. Webcast and Replay InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To participate in the conference call via telephone,

Navigated ongoing macroeconomic and geopolitical volatility to deliver another profitable quarter Continued share repurchases and ended the quarter with a strong cash position SALT LAKE CITY, July 28, 2022 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended June 30, 2022. Second Quarter 2022 Financial Highlights, from continuing operations •Total net revenue of $528 million, a decrease of 34% year over year•Gross profit of $121 million or 22.9% of total net revenue•Income from continuing operations of $7 million•Diluted earnings per share of $0.12•Adjusted EBITDA (non-GAAP) of $21 million, which represents 3.9% of net revenue•Cash

SALT LAKE CITY, July 14, 2022 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading home furnishings e-commerce retailer, is scheduled to release second quarter financial results for the period ended June 30, 2022, on Thursday, July 28, 2022, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance. Webcast and Replay InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To participate in the conference call via telephone, please pre-regist

Eighth consecutive quarter of profitability Repurchased shares and ended quarter with strong cash position SALT LAKE CITY, April 28, 2022 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended March 31, 2022. First Quarter 2022 Financial Highlights, from continuing operations •Total net revenue of $536 million, a decrease of 19% year over year•Gross profit of $125 million or 23.4% of total net revenue•Income from continuing operations of $10 million•Diluted earnings per share of $0.21•Adjusted EBITDA (non-GAAP) of $21 million, which represents 4% of net revenue•Cash and cash equivalents totaled $493 million at the end of the first q

SALT LAKE CITY, April 14, 2022 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading home furnishings e-commerce retailer, is scheduled to release first quarter financial results for the period ended March 31, 2022, on Thursday, April 28, 2022, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance. Webcast InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To listen to the conference call via telephone, dial (877) 673-5346 and enter c

SALT LAKE CITY, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading e-commerce home furnishings retailer, is scheduled to release fourth quarter and full year financial results for the period ended December 31, 2021, on Wednesday, February 23, 2022, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance. Webcast InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To listen to the conference call via telephone, dial (877)

SALT LAKE CITY, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended September 30, 2021. Third Quarter 2021 Financial Highlights, from continuing operations •Total net revenue was $689 million, a decrease of 4% year over year•Gross profit was $157 million or 22.7% of total net revenue•Income from continuing operations was $30 million•Diluted earnings per share was $0.63•Adjusted EBITDA (non-GAAP) was $36 million, which represents 5.2% of net revenue•YTD net cash provided by operating activities was $100 million•At the end of the third quarter, cash and cash equivalents totaled $512 million "As we lapped our highest sale

SALT LAKE CITY, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading e-commerce home furnishings retailer, is scheduled to release third quarter financial results for the period ended September 30, 2021, on Thursday, October 28, 2021, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance. Webcast InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To listen to the conference call via telephone, dial (877) 673-5346 and en

SALT LAKE CITY, July 29, 2021 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights, from continuing operations •Total net revenue was $795 million, an increase of 4% year over year•Gross profit was $175 million or 22.0% of total net revenue•Income from continuing operations was $82 million•Diluted earnings per share was $1.72•Adjusted EBITDA (non-GAAP) was $44 million, which represents 5.6% of net revenue•YTD net cash provided by operating activities was $120 million•At the end of the second quarter, cash and cash equivalents totaled $536 million "In a significant quarter for th