Overstock Results Presentation Deck slide image

Overstock Results Presentation Deck

Gross Margin $225 $200 $175 $150 $125 $100 $75 $50 $25 $0 Gross Margin ($M) 20.7% $75 Q4 '19 21.9% $74 Q1'20 23.2% $178 Q2 '20 23.5% $169 Q3'20 22.5% $151 Q4 '20 overstock. Note: Allfigures represent results from continuing operations. 23.3% $154 Q1'21 22.0% $175 Q2 '21 22.7% $157 Q3 '21 Gross Margin (%) 22.7% $139 Q4 '21 25% 20% 15% 10% 5% 0% Q4 Dynamics ▪ Gross margin of 22.7% +18 bps vs. Q4'20 - +200 bps vs. Q4'19 Gross margin influenced by: - ■ FY Dynamics ■ Gross margin of 22.6% -28 bps vs. 2020 +257 bps vs. 2019 Normalized promotional and operating environment vs. 2020 Operational efficiencies Gross margin influenced by: - Normalized promotional and operating environment vs. 2020 10
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