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Stockreport

Walmart profits rise on strong sales from wealthier shoppers [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Profits more than tripled to $5.1 billion for the quarter ending April 30 on a six percent rise in revenues to $161.5 billion. Earnings in the 2023 period were dented by exceptional losses in equity investments. The results, which topped analyst estimates, lifted shares, which rose 6.3 percent in morning trading. The improved sales to wealthier shoppers reflect a focus on affordable pricing and convenience, as well as a greater attention to products such as fresh food, company executives said on a conference call. "We are not trying to chase higher-income cohort sales, we just offer value," said Chief Executive Doug McMillon. The company splits shoppers into three income groups: below $50,000 in annual income; between $50,000 and $100,000; and above $100,000, with each comprising about a third of the customer base, said Chief Financial Officer John David Rainey. "The word we've been using here is convenience," Rainey said. "We are not just a play for value anymore." But R [Read more]
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Stockreport

Walmart profits rise on strong sales from wealthier shoppers [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Profits more than tripled to $5.1 billion for the quarter ending April 30 on a six percent rise in revenues to $161.5 billion. Earnings in the 2023 period were dented by exceptional losses in equity investments. The results, which topped analyst estimates, lifted shares, which rose 6.3 percent in morning trading. The improved sales to wealthier shoppers reflect a focus on affordable pricing and convenience, as well as a greater attention to products such as fresh food, company executives said on a conference call. "We are not trying to chase higher-income cohort sales, we just offer value," said Chief Executive Doug McMillon. The company splits shoppers into three income groups: below $50,000 in annual income; between $50,000 and $100,000; and above $100,000, with each comprising about a third of the customer base, said Chief Financial Officer John David Rainey. "The word we've been using here is convenience," Rainey said. "We are not just a play for value anymore." But R [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS