|Bid||0.00 x 3000|
|Ask||0.00 x 800|
|Day's range||27.20 - 29.79|
|52-week range||27.20 - 111.28|
|Beta (5Y monthly)||3.93|
|PE ratio (TTM)||3.42|
|Forward dividend & yield||N/A (N/A)|
|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.