May
03
What Loss? Why Amazon Isn’t Sweating Q1 Miss
Posted in: UncategorizedAmazon recently announced a net loss of nearly $4 billion in Q1 2022 despite a 7% increase in net sales. In a statement, CEO Andy Jassy pointed to ongoing challenges such as the pandemic and the war in Ukraine. However, he remained optimistic thanks in part to Amazon’s efforts to double the size of its…
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