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The Ratings Game: This is why Amazon’s revenue-growth slowdown may actually be a good thing

Amazon.com Inc. shares may be down more than 8% in Friday morning trading after the retail-and-tech giant reported a revenue miss and gave below-consensus fourth-quarter guidance, but there’s a bright side to all this negative news, according to GlobalData Retail: you can’t call Amazon a monopoly.

Amazon AMZN, -7.82% reported record profit, and sales of $56.6 billion were up from $43.7 billion last year. The setup for the holiday shopping season is solid, with low unemployment and high consumer confidence. Amazon forecasts sales of $66.5 billion to $72.5 billion, up 10% to 20%.

Even with these seemingly stellar numbers, GlobalData Managing Director Neil Saunders says sales growth has “moderated to 29.3%.

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