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Amazon.com Announces Third Quarter Sales Up 34% to $43.7B

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Re: Amazon.com Announces Third Quarter Sales Up 34% to $43.7B

#6

Post by gyrccc »

austenallred wrote: post #2

Wow. How is that even possible? Growing by a third in one year at that scale is completely mind boggling to me.

> Excluding Whole Foods Market and the $124 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 29% compared with third quarter 2016.

Still a really impressive 29% without taking WF into account.

Re: Amazon.com Announces Third Quarter Sales Up 34% to $43.7B

#8

Post by tyingq »

austenallred wrote: post #2

Wow. How is that even possible? Growing by a third in one year at that scale is completely mind boggling to me.

It's not far off from their old trajectory:

https://ycharts.com/companies/AMZN/revenues

The Whole Foods acquisition did add a billion, so that helps.

Re: Amazon.com Announces Third Quarter Sales Up 34% to $43.7B

#9

Post by adventured »

newobj wrote: post #3
austenallred wrote: post #2

Wow. How is that even possible? Growing by a third in one year at that scale is completely mind boggling to me.

International, and unclear if subsidiaries like WFM come into play in this?

They note in the release that Whole Foods accounted for $1.3 billion in sales. Excluding Whole Foods sales and favorable exchange rates, growth was 29%.
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