“The pandemic and subsequent war in Ukraine have brought unusual growth and challenges,” said CEO Andy Jassy. “Today, as we’re no longer chasing physical or staffing capacity, our teams are squarely focused on improving productivity and cost efficiencies throughout our fulfillment network. We know how to do this and have done it before.”
“This may take some time, particularly as we work through ongoing inflationary and supply chain pressures, but we see encouraging progress on a number of customer experience dimensions, including delivery speed performance as we’re now approaching levels not seen since the months immediately preceding the pandemic in early 2020,” he added
Amazon shares were marked 11.75% lower in after-hours trading immediately following the earnings release to indicate a Friday opening bell price of $2,545.00 each, a move that would extend the stock’s year-to-date decline to around 23.6%.
Earlier this year, Amazon’s unveiled plans for its first stock split in more than 20 years that is stated to begin trading in June.
Amazon said shareholders of record on May 25 will receive 19 extra shares of the group for each one held. Trading is expected to begin on a split-adjusted basis on June 6
ការបំបែកធ្វើឡើងបន្ទាប់ពី ក ចលនាស្រដៀងគ្នាដោយ Google Parent Alphabet GOOGL earlier this year, likely to take place in July, that would leave investors with one Google stock and a dividend payment of 19 more shares, all priced at around $160 each.
ផ្លែប៉ោម (Apple បាន ទទួលបានរបាយការណ៍ Apple Inc និង Tesla (TSLA ទទួលបានរបាយការណ៍ Tesla Inc have also executed splits over the past two years, and today’s move makes Amazon stock a more attractive and attainable proposition for retail investors who, powered by a wave of mobile trading apps and zero-commission brokers, suddenly find their collective power capturing the attention of the biggest companies in the world.