|Bid||26.52 x 1100|
|Ask||26.55 x 900|
|Day's range||26.27 - 26.92|
|52-week range||23.02 - 111.28|
|Beta (5Y monthly)||3.71|
|PE ratio (TTM)||16.32|
|Earnings date||26 Oct 2022 - 31 Oct 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||58.80|
Shares of Overstock.com (NASDAQ: OSTK), Williams-Sonoma (NYSE: WSM), and Warby Parker (NYSE: WRBY) rallied on Tuesday, rising 11.8%, 4.6%, and 7%, respectively, on the day. As the markets rallied from July into August, it appears some speculative behavior is creeping back in, with meme-stock traders buying on any sliver of good news -- especially in heavily shorted stocks. For the beaten-down retail sector, that bit of good news came today in the form of Walmart's (NYSE: WMT) better-than-feared earnings report, as well as Home Depot's (NYSE: HD) revenue and earnings beat.
Overstock.com's (OSTK) second-quarter 2022 results suffer from weakness in the home-furnishing market, despite an expanding mobile clientele.
Good morning, and welcome to Overstock's second quarter 2022 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.