News Formal

Amazon Profit Falls Short Of Forecasts After Company Spends Big On Prime Shipping

  • 📰 Forbes
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

rose 20% to $63.4 billion vs. analysts’ estimate of $62.5 billion. Q3 Net Sales Guidance : Between $66.0 billion and $70.0 billion, or between 17% and 24% growth compared with third quarter 2018.

rose 20% to $63.4 billion vs. analysts’ estimate of $62.5 billion. Q3 Net Sales Guidance

: Between $66.0 billion and $70.0 billion, or between 17% and 24% growth compared with third quarter 2018.Amazon’s operating expenses have increased 20% from last year, in part because the company$800 million in the second quarter to offer one-day delivery to Prime members. In particular, the cost of fulfillment—getting packages to customers—has increased more than 16% from 2018.

The effort is a bid to keep in step with Walmart, which is rolling out its own two-day delivery without a membership program like Prime.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Money well spent

In part because they can no longer pay 1099 couriers 2 bucks an hour.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 394. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Amazon Delivers Softer-Than-Expected Earnings; Stock Falls After HoursAmazon reported second-quarter results that were a bit softer than Wall Street had expected, sending shares down more than 2% in after-hours trading. The company said earnings came to $5.22 a share…
La source: DEADLINE - 🏆 109. / 63 Lire la suite »