Pandemic-surge ebbs as Overstock.com reports 19% decline in revenue Q1 year over year

Overstock.com Inc. reported a 19% decline in revenue in the most recent quarter, as compared with a year earlier, citing the impact of inflation on consumer spending. During an earnings call with analysts, CEO Jonathan Johnson said inflation and global uncertainty caused shoppers to cut back on expenses. Referring to the war in Ukraine,  “… […] The post Pandemic-surge ebbs as Overstock.com reports 19% decline in revenue Q1 year over year appeared first on Digital Commerce 360.