{"id":5171,"date":"2015-07-27T09:14:09","date_gmt":"2015-07-27T09:14:09","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=5171"},"modified":"2015-07-27T09:14:09","modified_gmt":"2015-07-27T09:14:09","slug":"company-snapshot-amazon-com-inc-2","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2015\/07\/company-snapshot-amazon-com-inc-2\/","title":{"rendered":"Company Snapshot: Amazon.com Inc."},"content":{"rendered":"

Amazon Eclipses Walmart for Number One: For Now.<\/strong><\/p>\n

 <\/p>\n

Address<\/strong>
\n410 Terry Avenue North
\nSeattle, WA 98109-5210<\/p>\n

Telephone<\/strong>
\n206 266-1000<\/p>\n

Internet Homepage<\/strong>
\nwww.amazon.com<\/p>\n

Total Stores<\/strong>
\n0; Internet-only Retailer<\/p>\n

Trading Area<\/strong>
\nWorldwide<\/p>\n

Total Annual Sales<\/strong>
\n$88,988,000,000<\/p>\n

Senior Executives<\/strong>
\nJeffrey P. Bezos- Chairman, CEO, President
\nJeffrey M. Blackburn- Senior VP, Business Development<\/p>\n

 <\/p>\n

When a retailer which is not Walmart leads the financial morning headlines, that is news.\u00a0 That is want happened the other morning as a result of strong activity in the overnight financial markets during an otherwise quietly traded session.<\/p>\n

Shares of Amazon.com rose by more than 14 percent based on a stunning quarterly financials report released the evening before, in which Amazon announced a surprise profit of $92 million.\u00a0 Prior to the announcement analysts had expected Amazon to lose money for its second quarter.<\/p>\n

Amazon founder Jeff Bezos, has long been criticized for minimizing the importance of corporate profits, much to Wall Street\u2019s chagrin.\u00a0 Instead he consistently prefers to reinvest revenues back into the company to develop and launch increasingly edgy products and services.\u00a0 These in turn increase revenues which are again redirected to further grow the company.<\/p>\n

The sharp overnight increase in the company\u2019s market performance grew Amazon\u2019s market value to more than $250 billion, eclipsing Walmart\u2019s worth of just over $230 billion.\u00a0 During its second quarter Amazon sales rose 20 percent to $28.18 billion.\u00a0 Interestingly, the impressive showing of a quarterly profit doesn\u2019t include Amazon’s July 15th Prime Day, which the company said was a success and had sales outnumbering Black Friday.<\/p>\n

Of course, stock prices often reflect speculative values, almost as much as true corporate performance.\u00a0 To be sure Amazon\u2019s seemingly sudden profit is noteworthy.\u00a0 However, a part of Amazon\u2019s stock spurt reflects investor delight at the surprise of a long anticipated profit versus a much anticipated loss.<\/p>\n

For years investors have cried in quarterly doses, bemoaning Amazon\u2019s disappointing profitability picture, alongside impressively increasing sales with a growing portfolio of products, services and impressive investments in efficiencies.\u00a0 The latter includes a growing cadre of carefully placed distribution centers with the ever-increasing robotics the company employs to increase distribution capabilities.<\/p>\n

One significant part of Amazon\u2019s recent financial success its gradual buildup of cloud computing services, commonly termed Amazon Web Services.\u00a0 After years of developing these offerings, typically of Amazon, this distinct avenue of the company is rapidly growing and is now profitable as well.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Amazon Eclipses Walmart for Number One: For Now.   Address 410 Terry Avenue North Seattle, WA 98109-5210 Telephone 206 266-1000 Internet Homepage www.amazon.com Total Stores 0; Internet-only Retailer Trading Area Worldwide Total Annual Sales $88,988,000,000 Senior Executives Jeffrey P. Bezos- Chairman, CEO, President Jeffrey M. Blackburn- Senior VP, Business Development   When a retailer which… Continue reading Company Snapshot: Amazon.com Inc.<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[15],"class_list":["post-5171","post","type-post","status-publish","format-standard","hentry","category-discount-specialty","tag-snapshot","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/5171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=5171"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/5171\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=5171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=5171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=5171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}