Meanwhile, its turnover was US $ 110.8 billion (+ 15%), according to its projections, but below the US $ 111.6 billion expected by analysts.
Amazon.com Inc also reported Thursday that they forecast a drop in profits during the Christmas quarter.as heavy expenses to maintain dispatch operations dampened the windfall profits generated by the company from online purchases.
After a year of strong results, the world’s largest online retailer faces a tougher outlook. In a tight labor market, he raised average warehouse wages and negotiated larger and larger bonuses to attract the workers he needs to keep his high-turnover operation running.
Additionally, the company is dealing with global supply chain disruptions. The company doubled its container processing capacity, expanded its delivery service partner program and is increasing its investments in warehouses, all at a high cost.
The e-commerce giant expects fourth-quarter sales to be between $ 130 billion and $ 140 billion.
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