Get breaking news alerts via email

Click here to manage your alerts
Overstock.com posts higher revenue, 2012 profit

First Published Jan 24 2013 08:23 am • Last Updated May 05 2013 11:33 pm

Overstock.com Inc. has reported a jump in revenue and a profit of $14.7 million for its 2012 fiscal year.

A year ago, the company reported a loss of $19.4 million.

Join the Discussion
Post a Comment

The Salt Lake City-based online discount retailer said its revenue for the year was $1.10 billion, up 4 percent from its 2011 fiscal year.

The company said sales growth primarily was tied to an increase in the average order size, which offset fewer orders as a lower number of customers visited its website.

For its recently completed fourth quarter, Overstock posted net income of $8.8 million, compared with a loss of $12.2 million in the same period a year ago.

Revenue for the fourth quarter rose 9 percent, to $342 million, compared with $314 million a year earlier.

Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment

About Reader Comments

Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.