Amazon Says Profit Jumped in Quarter
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Amazon shares are back in the stratosphere, propelled this time by improved profit margins and swelling revenues.
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OCTOBER 22, 2004 (IDG NEWS SERVICE) - Amazon.com Inc. fell a penny short of analysts&#39; per-share earnings expectations, while reporting net sales of $1.
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Web retailer Amazon.com Inc. said Tuesday that its third-quarter profit more than quadrupled as shoppers around the world bought more books, music, electronics and other goods than they did in the same period a year ago.
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Amazon.com Inc.  posted on Thursday a quarterly profit that fell 51 percent but still beat analysts' expectations, helped by healthy holiday sales of electronics.
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Shares of online retailer Amazon.com  Inc  rose more than 2 percent on Wednesday after the  company said the 2007 holiday season was its strongest to date.
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Revenues at online retailer Amazon.com get a boost from sales of the latest Harry Potter book.
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Shares of Amazon.com Inc. posted a second day of gains Tuesday after a Bear, Stearns &amp; Co. analyst upgraded the stock on expectations that the company will benefit from a growing Internet retail market.
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Shares of Amazon.com rose nearly 9 percent yesterday after the Seattle online retailer said it recorded its best holiday season ever.
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Amazon continues to accelerate its growth levels.
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Amazon.com Inc posted a decline in profit margins on Wednesday as the cost of discounting overshadowed a robust rise in quarterly earnings and a bullish 2008 sales view above Wall Street targets.
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Jeans and casual pants maker Levi  Strauss &amp; Co. on Tuesday said quarterly profit rose, helped by  tax benefits and lower interest expenses, although sales fell.
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Costco Wholesale Corp.  posted a better-than-expected 10 percent rise in quarterly profit on Thursday, helped by a big jump in membership fees, sending its shares higher in early electronic trading.
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Yahoo Inc. reported on Tuesday a  quarterly net profit that more than tripled from the year  earlier, boosted by the sale of shares it held in rival Google  Inc. and stronger online ad revenue that analysts said may  signal good results from other Web search providers.
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Amazon.com Inc. said Thursday its fourth-quarter earnings fell 51 percent from a year ago in the all-important holiday season, hurt by higher tax-related charges. The Internet retailer's results were just ahead of Wall Street's expectations.
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Tribune Co.  reported a better-than-expected rise in quarterly profit on Thursday helped by an extra week in the quarter that boosted advertising revenue at the company's newspapers.
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Shares of Amazon.com Inc. rose nearly 9 percent Monday after the online retailer said it recorded its best holiday season ever.
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Internet media company Yahoo Inc.  YHOO.O on Tuesday posted a jump in quarterly profit fueled by  online advertising revenue and the sale of an investment.