Overstock Auctions Q1 GMV Tumbles 42% to $4.7 million
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04-28-2007, 07:45 AM,
Post: #1
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Overstock Auctions Q1 GMV Tumbles 42% to $4.7 million
Quote:Overstock.com reported on Wednesday its quarterly financial results for the first quarter ending March 31, 2007. Total revenue was $157.9 million, down 11 percent from the same period in 2006. Gross profits were $25.3 million, up 7 percent from the same period in 2006. Overstock said auction gross merchandise volume (GMV) was $4,695,000 for the first quarter of 2007 compared to $8,079,000 for the same period in 2006, a decline of 42 percent... full article: http://www.auctionbytes.com/cab/abn/y07/m04/i27/s01 |
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04-29-2007, 02:41 AM,
Post: #2
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Re: Overstock Auctions Q1 GMV Tumbles 42% to $4.7 million
A 42% drop in GMV is relatively good considering the 95% drop in listings.
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04-30-2007, 12:53 AM,
Post: #3
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Re: Overstock Auctions Q1 GMV Tumbles 42% to $4.7 million
Quote:Total revenue was $157.9 million, down 11 percent from the same period in 2006 because Patrick spent more time on his Crusade Against the Sith Lords than he did running Overstock
OAI Moron Hall of Fame
<i>sell-thru is an irrelevant and illogical consideration.</i> -KaRay, owner of WP giving selling advice, 2006 <i>the site was 'NOT' hacked but the little script that had recipes on had the link altered</i> -Plunderhere Owner Mark Taylor after his site was hacked by a Chinese hacker gang, 2008 Some people have it like that, others dont. I do. -Probidscripts owner Spencer Osama Binweb Laden Ray bragging about his ability to scam the OAI without feeling any guilt, 2008. How does an auction site get buyers? -question asked at PSU by owner of auction site BidBeaver.ca, 2008 How do I get sales? -question asked at PSU by online store owner, 2009. I was told by my Tech. Support that my site dont really need SSL.. his servers are well protected and that info your providing to join aint really top secret information -owner of auction site TheTraderOutlet.com discussig his site's lack of basic security, 2009 |
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04-30-2007, 06:14 PM,
Post: #4
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Re: Overstock Auctions Q1 GMV Tumbles 42% to $4.7 million
A new low
Overstock 18,887 -797 auction listing down from yesterday -4.22%
OAI Moron Hall of Fame
<i>sell-thru is an irrelevant and illogical consideration.</i> -KaRay, owner of WP giving selling advice, 2006 <i>the site was 'NOT' hacked but the little script that had recipes on had the link altered</i> -Plunderhere Owner Mark Taylor after his site was hacked by a Chinese hacker gang, 2008 Some people have it like that, others dont. I do. -Probidscripts owner Spencer Osama Binweb Laden Ray bragging about his ability to scam the OAI without feeling any guilt, 2008. How does an auction site get buyers? -question asked at PSU by owner of auction site BidBeaver.ca, 2008 How do I get sales? -question asked at PSU by online store owner, 2009. I was told by my Tech. Support that my site dont really need SSL.. his servers are well protected and that info your providing to join aint really top secret information -owner of auction site TheTraderOutlet.com discussig his site's lack of basic security, 2009 |
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04-30-2007, 07:24 PM,
Post: #5
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Re: Overstock Auctions Q1 GMV Tumbles 42% to $4.7 million
A new low coming after fees were reduced...not a good sign.
"Well, Jay was so giddy that someone named Jay was involved with this site we posted our first non-eBay listing in 3 years here at Lunarbid (we tried two items at Yahoo once upon a time, they bombed)" -Marie posting in a LunarBid thread at OTWA in 2005 wins the award for 'most moronic reason ever given for choosing a venue"
"thanks twat u must have nothing better 2 do. do u talk to all your members like that. will not be recomending your site. best way to put it is TULIPTOOLS.COM IS REALLY SHIT. DONT JOIN." -pubescent owner of rinky dink off2auction.com in 2011 |
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