Amazon's Sales and Profit Soared in Latest Quarter - Shopping News

01/November/2020
Amazon's sales and profit soared in the latest quarter as shoppers turned to the online giant to deliver goods to their homes in the pandemic.

Amazon said Thursday that during the three months ending September 30 its sales grew 37% compared to the same period last year, to $96.1 billion, and profit increased 197% to $6.3 billion.

The results topped estimates from Wall Street analysts. They do not include Amazon's Prime Day event, which took place October 13-14 this year after being postponed over the summer because of the pandemic... cnn.com