Company
Headquarters: Midvale, UT, United States
Founded: 1999
Employees: 1,350
CEO: Mr. Jonathan E. Johnson III
$1.81 Billion
USD as of April 1, 2022
Overstock.com, Inc. operates as an online retailer in the United States. The company offers furniture, décor, area rug, bedding and bath, home improvement, outdoor, and kitchen and dining items. It provides its products and services through its internet websites comprising overstock.com, o.co, overstock.ca, and overstockgovernment.com. The company also offers businesses advertising products or services on its website; Market Partner, a service that allows its partners to sell their products through third party sites; products to international customers using third party logistics providers; and Supplier Oasis, a single integration point through its partners can manage their products, inventory, and sales channels, as well as obtain multi-channel fulfillment services through its distribution network. The company was formerly known as D2-Discounts Direct and changed its name to Overstock.com, Inc. in October 1999. Overstock.com, Inc. was founded in 1997 and is headquartered in Midvale, Utah.
Overstock.com, Inc. is an American internet retailer selling primarily furniture headquartered in Midvale, Utah, near Salt Lake City. Patrick M. Byrne founded Overstock.com in 1999. The company initially sold exclusively surplus and returned merchandise on an online e-commerce marketplace, liquidating the inventories of at least 18 failed dot-com companies at below-wholesale prices. The company continues to sell home decor, furniture, bedding, and many other goods that are closeout merchandise; however, it also sells new merchandise. In May 2002, Overstock held an IPO at a per-share price of $13; furthermore, after achieving significant growth and profits in some early quarters, the company achieved a profit of $7.7 million in 2009 and reported its first billion-dollar year in 2010. The business started rebranding in early 2011, as "O.co", to simplify and unify its international operations but interrupted this effort a few months later, citing consumer confusion over the new name.
Source: Wikipedia, retrieved on Feb. 18, 2021, 3:53 p.m.
Founder(s): Patrick M. Byrne
Jonathan E. Johnson CEO
Revenue: US$2.549 billion (2020)
Operating income: US$153 million (2020)
Net income: US$56.01 million (2020)
Total assets: US$830.214 million (2020)
Total equity: US$436.236 million (2020)
Overstock.com, Inc. has the following listings and related stock indices.
Stock: NASDAQ: OSTK
Stock: FSX: OVER
Stock: OTC: OSTBP
Stock: OTC: OSTKO