Posts Tagged
RJ Hottovy an analyst at Morningstar Inc.
Amazon Tumbles on Disappointing Forecast for Holiday Revenue
published Oct 25, 2018, 4:36:32 PM, by Spencer Soper (Bloomberg) — Amazon.com Inc. issued a disappointing revenue and profit forecast for the busy holiday quarter, suggesting sales growth is slowing for the e-commerce giant while higher pay for warehouse workers could hurt the bottom line. Revenue will be $66.5 billion