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Amazon Sees Q3 Net Sales $154.0B-$158.5B vs $158.24B Est.

Author: Benzinga Newsdesk | August 01, 2024 04:02pm

Third Quarter 2024 Guidance

  • Net sales are expected to be between $154.0 billion and $158.5 billion, or to grow between 8% and 11% compared with third quarter 2023. This guidance anticipates an unfavorable impact of approximately 90 basis points from foreign exchange rates.
  • Operating income is expected to be between $11.5 billion and $15.0 billion, compared with $11.2 billion in third quarter 2023.
  • This guidance assumes, among other things, that no additional business acquisitions, restructurings, or legal settlements are concluded.

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