Overstock Results Presentation Deck

25% 20% 15% 10% 5% 0% overstock.com 17.4% 11.8% Gross margin Contribution margin 2010 17.0% 11.1% 2011 18.1% 12.3% 2012 Annual Gross Margin and Contribution Margin* * Contribution margin = Gross margin less Sales & Marketing percentage. 19.0% 2014 marketing: 7.3% 12.0% 2013 18.6% 11.3% 2014 22

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