Advertisement
New Zealand markets closed
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5930
    -0.0004 (-0.07%)
     
  • NZD/EUR

    0.5543
    +0.0002 (+0.05%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.62
    -0.74 (-0.89%)
     
  • GOLD

    2,341.40
    -0.70 (-0.03%)
     
  • NASDAQ

    17,491.77
    +20.30 (+0.12%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • Dow Jones

    38,407.79
    -95.90 (-0.25%)
     
  • DAX

    18,088.70
    -48.95 (-0.27%)
     
  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • NZD/JPY

    91.9340
    +0.1680 (+0.18%)
     

Rising Costs Are Affecting Overstock’s Bottom-Line Performance

Rising Costs Are Affecting Overstock’s Bottom-Line Performance

As a result, operating income in the first quarter of 2018 fell to -$54.4 million, versus -$2.3 million in the first quarter of 2017. In the second quarter of 2018, operating income came in at -$66.5 million, versus -$9.7 million in the second quarter of 2017.