subject: Overstock.com Announces Father's Day Deadlines (NASDAQ:OSTK) [print this page] Overstock.com Announces Father's Day Deadlines (NASDAQ:OSTK)
Father's Day is an internationally adapted holiday celebrated here in the States on the third Sunday of June. (That would be June 20th) The day to honor your old man was invented by Sonora Smart Dodd, taking cues from Anna Jarvis's establishment of Mother's day. The first known celebration of Fathers was on June 19th 1910. The holiday in some form or another is celebrated in over 55 countries across the planet including: Tonga, Germany, Serbia, Uruguay and New Zealand.
Today, Overstock.com a name-brand, discount online retailer announced the cut-off dates for shipments in time for Father's day for all those slacking on your gift choice.
Upon supplying the correct delivery information, Overstock.com guarantees:
Standard Ground Shipping* Friday , June 11, 2010 @ 01:59 AM
2-Day Shipping* Wednesday, June 16, 2010 @ 01:59 AM
Next-Day Shipping* Thursday, June 17, 2010 @ 12:00 Noon
So make your new tie choice quickly and wisely.
Headquartered in Salt Lake City, Overstock.com was founded in 1997, originally under the name D2Discounts. The company changed to its current name in 1999. The website sells a spread of consumer goods ranging from bed-and bath products to DVD's and videogames. In other recent press, OSTK announced the launch of the New Main Street Store retail channel which allows shoppers to buy products that are listed by small and minority owned businesses operating here in the U.S. The Main Street Store is a great idea capitalizing on the "Buy American" mentality, extending the opportunity to those who feel strongly about supporting the homeland economy. Overstock.com is in a very competitive space, against namely, internet giant Amazon.com. The company differentiates itself with auctions, discounted prices, and promotional deals.
Currently Overstock.com is trading at $20.24 with $464.71M market cap. Over the past three months the company has experienced an increased in share price from a low of 13.74, to 23.88 marking a significant increase in demand for consumer products. YTD, the stock has been as low as $11.18 but has climbed back since then strongly. On May 4th OSTK announced a quarterly profit of $3.7 million or $.16 cents a share, compared to a loss of $4 million or $.17 cents a share. Revenues were reported at $264.3M a 42% increase from 2009.
To view this article at World Market Media click on the link below: http://www.worldmarketmedia.com/779/section.aspx/1791/post/overstockcom-announces-fathers-day-deadlines-nasdaqostk
