Online furniture and home furnishings retailer Overstock (OSTK) delivered yet another solid quarter despite tough year-over-year comparisons. Its top-line increased 4% in Q2 on top of a 109% jump in revenues in the prior-year period. Furthermore, adjusted earnings of $0.73 a share came in well ahead of the Street’s estimates of $0.55.  In response to Overstock’s Q2 earnings release, Needham analyst Anna Andreeva said, “Despite the year’s second most difficult compare and supply chain issues for the industry, 2-year sales CAGR accelerated from +22% in 4Q20 to +35% in 1Q21 to +47% in 2Q21.
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Overstock com (NASDAQ:OSTK)
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