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MIDVALE, Utah, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), which operates as Bed Bath & Beyond, is scheduled to release third quarter financial results for the period ended September 30, 2023, on Thursday, October 26, 2023, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to ir@overstock.com in advance.
Overstock.com (NASDAQ: OSTK ) may be turning a new corner after acquiring the Bed Bath & Beyond intellectual property address. One of the company's top executives certainly thinks so.
Overstock (OSTK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
In a show of confidence, entrepreneur Marcus Lemonis, recently appointed to the board of directors at online home goods retailer Overstock.com (NASDAQ: OSTK ) bought a significant number of shares of OSTK stock. Across two separate transactions, Lemonis acquired 64,800 shares, according to data from GuruFocus.
S&P 500 (^GSPC) stocks are falling as jobless claims remain historically low, with 207,000 individuals filing for unemployment. Overstock (OSTK) shares are trending higher following the addition of Camping World (CWH) CEO Marcus Lemonis to their board, who proceeded to buy over 33,000 Overstock shares.
The 2023 holiday shopping season is fast approaching, and the expectations are for a sluggish season. Surveys from numerous consumer watchdogs suggest consumers continue to cut spending and plan to be frugal during the holidays.
There have been more U.S. corporate bankruptcies so far in 2023 than in all of 2022 or 2021, as companies continue to struggle with high interest rates and a tight labor market.
Overstock.com Inc. OSTK, +0.19% on Monday said that Chief Marketing Officer Angela Hsu resigned from that position on Sept. 6 and that it will start looking for a replacement.
SALT LAKE CITY, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Bed Bath & Beyond, operated by Overstock.com, Inc. (NASDAQ:OSTK), announces participation in two upcoming investor conferences.
Yahoo Finance anchors Seana Smith and Akiko Fujita break down the trending tickers for September 6,2023 including AMC stock selling off after announcing plans to sell off 40 million shares, United, Southwest and Alaska airlines warn of rising fuel costs, and Overstock shares sliding amid Bed Bath & Beyond revenue report.