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Is Overstock.com, Inc. (NASDAQ:OSTK)’s profitable second quarter a catalyst for its amplified gift registry?

Boston, MA 07/25/2014 (wallstreetpr) – It’s time to celebrate with Overstock.com, Inc. (NASDAQ:OSTK) as the company came up with an enhanced wish list feature on July 24, 2014. It augmented the wish list with baby, wedding and special occasion registries, enabling people to receive the precise gifts they desire while celebrating some precious moments of life.

Augments your celebration

So, there Overstock.com, Inc. (NASDAQ:OSTK) goes to magnify your celebration in some of the biggest moments of life. As president of the company, Stormy Simon, states, tying knot with the soul mate or having a baby are times to celebrate. As is customary, celebration follows with gifts, and it is at these occasions that the company wants its customers to receive exactly what they want.

Great earnings release

However, is it time for the company to commemorate its financial results? Yes, indeed. Well, it’s a homecoming time for the company as it returned to its double-digit revenue growth. The company has hit the news headlines with its much awaited financial report. On July 24, it unveiled its key metrics of 2Q2014. Indeed, it’s been a profitable quarter for the company to deliver 10th profitable quarter in the series.

With revenue reflecting a 13% rise and gross profit swell of 8%, Overstock.com, Inc. (NASDAQ:OSTK) also highlighted sales and marketing expense to increase by 23%. However, the gross profit registered a decline of 90-basis points. More so, its technology expenses have backed an innovation cycle, which has spun to an extent that Overstock can envisage and expedite on the performance ideas that it was doing at any earlier point of time.

Attract customers and investors

It is determined to give great attention to the gift registry and to help its valuable customers enjoy the memorable moments ahead. The second-quarter financial earnings result, in high probability, will lure the customers besides the investors.

Now it’s time to check what more surprises Overstock.com, Inc. (NASDAQ:OSTK) has in store.

Published by Chris Brown

About Me: I have a Phd in Economics Gender: Male Interests: Playing games like cricket, volleyball Favorite Music: hip hop, rock, jazz



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