Bull_Lion
2021-10-28

These are a bit worrying:

The company said it expects operating profit for the current quarter to be between $0 and $3.0 billion, short of $6.9 billion Amazon posted the year prior.

And expenses expected to rise a fair bit too.

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  • ET77
    2021-10-28
    ET77
    It’s onLy a quarterly earnings wait for annual One
    • Bull_Lion
      BLOOMBERG: Amazon shares sank on Thur after the online retailer scared investors by warning that it could have sales of up to $140 billion in the busy holiday quarter without making a nickel in profit
  • Sharon87
    2021-10-28
    Sharon87
    Indeed worrying..
  • bernardtayet
    2021-10-28
    bernardtayet
    It is indeed worrying.
  • Bull_Lion
    2021-10-28
    Bull_Lion
    the company would incur several billion dollars of extra expenses in its consumer business to deal with higher shipping costs, increased wages and labor shortages.
  • 7acb343
    2021-10-28
    7acb343
    Hi
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