- Overstock.com press release ( NASDAQ: OSTK ): Q2 Non-GAAP EPS of $0.19 misses by $0.23 .
- Revenue of $528.12M (-33.5% Y/Y) misses by $72.61M .
- "Over a year ago, we strategically embarked on the path to become a 100% e-commerce furniture and home furnishings retailer. We accomplished this goal at the end of the second quarter, on our targeted timeframe. Overstock remains well positioned to serve the evolving home furnishings needs of our customers and capture market share in a large and growing addressable market. In these unprecedented times, we have chosen to stay the course, focusing on our strategic initiatives and operating our business under the same financial discipline as we have over the last two years," continued Johnson. "I look forward to providing a full update on our second quarter 2022 performance during our earnings call."
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Overstock.com Non-GAAP EPS of $0.19 misses by $0.23, revenue of $528.12M misses by $72.61M