|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||40.40 - 40.40|
|52-week range||36.51 - 82.00|
|Beta (5Y monthly)||3.93|
|PE ratio (TTM)||5.05|
|Forward dividend & yield||0.16 (0.40%)|
|Ex-dividend date||29 Nov 2021|
|1y target est||N/A|
Overstock (NASDAQ: OSTK) shareholders lost ground to a declining market this week as the stock fell 8% through Thursday trading compared to a 2% slump in the S&P 500, according to data provided by S&P Global Market Intelligence. Overstock saw a 26% decline in active customers, plunging order values, and declining order counts per customers. While each of these metrics had been elevated last year by pandemic-related shopping behavior changes, it was still jarring to see Overstock endure a 33% decrease in order volumes through late March.
Overstock.com's (OSTK) first-quarter 2022 results suffer from weakness in the home-furnishing market despite an expanding mobile clientele.
Good morning, and welcome to Overstock's first quarter 2021 earnings conference call. Joining me on the call today are Jonathan Johnson, CEO; and Adrianne Lee, CFO. Additionally, Dave Nielsen, president of Overstock will be available for Q&A. Please note that we are conducting today's call remotely.