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Q4 Earnings Slide As Amazon Reworks Fulfillment, Rethinks Fresh

Q4 Earnings Slide As Amazon Reworks Fulfillment, Rethinks Fresh

by Mike Duff | Feb 3, 2023 | Retail Articles

In a fourth quarter when sales events prompted strong response, Amazon missed Wall Street earnings estimates while exceeding those for revenues, revealing in a conference call associated with its financial results announcement that it is reconsidering the Amazon Fresh...
Amazon Eyes More Cost Cutting After Q3 Earnings Slide

Amazon Eyes More Cost Cutting After Q3 Earnings Slide

by Mike Duff | Oct 28, 2022 | Featured News, Retail Articles

Amazon posted a third-quarter sales gain while indicating the need for cost-cutting in the North American retail business as earnings slip. Net income slipped to $2.87 billion, or 28 cents per diluted share, as compared to $3.16 billion, or 31 cents per diluted share,...
Amazon Posts Q2 Loss Against Earnings Expectations

Amazon Posts Q2 Loss Against Earnings Expectations

by Mike Duff | Jul 29, 2022 | Featured News, Retail Articles

Amazon fell short of second-quarter expectations as it continued working to cut costs and drive its Prime business. In the quarter that ended June 30, Amazon’s net loss was $2.03 billion, or 20 cents per diluted share, versus net earnings of $7.78 billion, or 76...
Amazon Posts Q4 Earnings Leap But Costs Undercut Retail Profits

Amazon Posts Q4 Earnings Leap But Costs Undercut Retail Profits

by Mike Duff | Feb 4, 2022 | Retail Articles

Amazon posted big profits in the fourth quarter but not from retail sales, which suffered from the COVID-19 pandemic, supply chain and labor woes that the company is addressing, but in part, by raising the fee it charges for Prime membership. Operating income turned...
Amazon Misses Q3 Wall Street Estimates

Amazon Misses Q3 Wall Street Estimates

by Mike Duff | Oct 29, 2021 | Featured News, Retail Articles

Amazon missed third-quarter Wall Street estimates for sales and earnings as the company stated it had emphasized investment to meet the demands of a marketplace hit by the COVID-19 pandemic and related challenges rather than pushing profits. In a third-quarter...

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