Financial Reports: Overstock.com, Jos. A. Bank

Posted on by Chief Marketer Staff

Online discounter Overstock.com enjoyed a 6% rise in annual sales, to $876.8 million for 2009. More impressive, it turned around its 2008 net loss of $11.1 million into net income of $7.7 million. Fourth-quarter results were strong as well: Sales jumped by 27%, to $322.4 million, and instead of a net loss of $705,000, the company posted net income of $12.7 million.

Annual catalog and online sales for menswear merchant Jos. A. Bank Clothiers increased 12.2% during fiscal 2009, while net sales grew 10.7%, to a record $770.3 million for the year ended January 30. Net income reached a record as well: $71.2 million, up 22% from fiscal 2008. Jos. A. Bank sells via 473 stores nationwide and four seasonal catalogs.

More

Related Posts

Chief Marketer Videos

by Chief Marketer Staff

In our latest Marketers on Fire LinkedIn Live, Anywhere Real Estate CMO Esther-Mireya Tejeda discusses consumer targeting strategies, the evolution of the CMO role and advice for aspiring C-suite marketers.

View More 
	
        

        
Call for entries now open

    

        

        
		
	
Pro
Awards 2023 

	  

	Click here to view the 2023 Winners
             
        

 

 

	
	
        

        
2023 LIST ANNOUNCED

    

        

        
		
	

	  
CM 200
 
	  
Click here to view the 2023 winners!
	    

	
             
        

    













                

                    

        

	
SIGN UP FOR UPDATES!
 Fill out the fields below to receive the latest news and special announcements from Chief Marketer.