by Mike Duff | Jul 31, 2026 | Featured News, Retail Articles
Amazon reported that the AI and chips business generated by the AWS B2B operation drove sales in the second quarter, along with significant gains in product revenues, as the company previewed a formula to pass some of its $600 million in IEEPA tariff refunds directly... 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... 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,... 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... 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... 