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OVERSTOCK.COM, INC.

(OSTK)
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Overstock to Participate in Credit Suisse 25th Annual Technology Conference

11/29/2021 | 03:00pm EST

SALT LAKE CITY, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Overstock.com, Inc.(NASDAQ:OSTK) a leading e-commerce home furnishings retailer announced its participation in the Credit Suisse 25th Annual Technology Conference. Jonathan Johnson, Chief Executive Officer, and Adrianne Lee, Chief Financial Officer, will participate in investor meetings.

“In the third quarter of 2021, Overstock continued to profitably grow market share as a result of the significant, foundational operational changes we have made to the business over the past year and a half,” said Johnson. “We look forward to this opportunity to tell our story to the investment community and thank Credit Suisse for hosting us at this event.”

Credit Suisse Annual Technology Conference is the largest technology investor conference and will take place on November 29 to December 2, 2021 at the Phoenician in Scottsdale, Arizona.

About Overstock

Overstock.com, Inc. (Common Stock (NASDAQ:OSTK) / Series A-1 Preferred Stock (tZERO ATS:OSTKO) / Series B Preferred Stock (OTCQX:OSTBP)) is an online retailer and technology company based in Salt Lake City, Utah. Its leading e-commerce website sells a broad range of new home products at low prices, including furniture, décor, area rugs, bedding and bath, home improvement, and more. The online shopping site, which is visited by tens of millions of customers a month, also features a marketplace providing customers access to millions of products. In 2014, Overstock became the first major retailer to accept cryptocurrency as a form of payment and continues to do so. Overstock regularly posts information about the Company and other related matters on the Newsroom and Investor Relations pages on its website, Overstock.com.

O, Overstock.com, O.com, Club O, and Worldstock are registered trademarks of Overstock.com, Inc. Other service marks, trademarks and trade names which may be referred to herein are the property of their respective owners.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section of the Securities Exchange Act of 1934. Such forward-looking statements include all statements other than statements of historical fact, including, but not limited, to statements regarding the conference. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, which was filed with the SEC on February 26, 2021, in our Form 10-Q for the quarter ended March 31, 2021, which was filed with the SEC on May 6, 2021, in our Form 10-Q for the quarter ended June 30, 2021, which was filed with the SEC on August 5, 2021, in our Form 10-Q for the quarter ended November 4, 2021, which was filed with the SEC on October 28, 2021, and in our subsequent filings with the SEC.

Contacts

Investor Relations:
ir@overstock.com



Media Relations:
pr@overstock.com

 


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Source: Overstock.com, Inc.

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Financials (USD)
Sales 2021 2 810 M - -
Net income 2021 131 M - -
Net cash 2021 521 M - -
P/E ratio 2021 14,0x
Yield 2021 0,20%
Capitalization 1 758 M 1 758 M -
EV / Sales 2021 0,44x
EV / Sales 2022 0,36x
Nbr of Employees 1 750
Free-Float -
Chart OVERSTOCK.COM, INC.
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Overstock.com, Inc. Technical Analysis Chart | OSTK | US6903701018 | MarketScreener
Technical analysis trends OVERSTOCK.COM, INC.
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 40,86 $
Average target price 128,83 $
Spread / Average Target 215%
EPS Revisions
Managers and Directors
Jonathan E. Johnson Secretary & Independent Director
Adrianne B. Lee Chief Financial Officer
Allison H. Abraham Chairman
Joel G. Weight Chief Technology Officer
Ron Hilton Chief Operations & Merchandising Officer
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