Although it's seeing some price resistance along with many other retailers, Backcountry.com continues to generate sales gains year-to-date and remains profitable. Backcountry.com's parent, Liberty Media, reported third quarter results last week. Liberty Interactive's eCommerce businesses, which includes Backcountry.com, increased Q3 revenues by 2% to $160 million in the period and adjusted OIBDA (operating income before depreciation & amortization) increased by $2 million to $5 million.
Liberty Media said the e-commerce revenue increase was primarily driven by two small acquisitions made during 2008. Backcountry.com was acquired in 2007. Exclusive of the effects of such acquisitions, revenue decreased 4% in the third quarter due to the economic downturn. The e-commerce segment also includes Provide Commerce, Bodybuilding.com, BUYSEASONS, LOCKERZ, and The Right Start.
