Company Report

Amazon’s Net sales increases by 44% in Q4 2020 vs. Q4 2019

Amazon’s Net sales increased 44% to $125.6 billion in the fourth quarter, compared with $87.4 billion in fourth-quarter 2019.

Excluding the $1.7 billion favorable impacts from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 42% compared with fourth-quarter 2019.

Amazon’s Net sales increased 38% to $386.1 billion, compared with $280.5 billion in 2019. Excluding the $1.4 billion favorable impacts from year-over-year changes in foreign exchange rates throughout the year, net sales increased 37% compared with 2019.

Amazon’s Net sales are expected to be between $100.0 billion and $106.0 billion or to grow between 33% and 40% compared with the first quarter of 2020. This guidance anticipates a favorable impact of approximately 300 basis points from foreign exchange rates.

Source: https://ir.aboutamazon.com

Download PDF File from here.

Post Comment