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
Maya Grinberg is a careers Reporter for Tech News vision make it. Prior to joining Tech News Vision, she worked as a fiction stories and a freelancer for magazine, where she eventually worked her way up to careers editor. During this time, she created daily content for own website and worked with the research team to create content. she developed some own Newswebsite.
