• About MDM
  • Cart
  • Terms & Conditions
  • Privacy Policy
  • Cookies Statement
  • News
    • Premium Articles
    • Latest
    • Technology & Digital
    • Mergers & Acquisitions
    • Talent Development
  • Resources
    • Store
      • Market/Economic Data
      • Management
      • Economic Benchmarks for Wholesale Distribution
      • Sales & Marketing
      • Special Reports
      • What Customers Want
    • Conferences
    • Webcasts
    • Podcasts
    • Directories
      • Associations
      • Buying and Marketing Groups
      • Investment Bank Guide for Distributors
    • Free Reports
    • Partners
  • Research
    • 2019 Market Leaders lists
    • MDM Analytics
    • Economic Benchmarks
    • Industry Competitive Landscape
    • White Papers
  • Subscribe
    • MDM Daily Update
    • MDM Premium
    • Podcasts
  • Premium
    • Download The Issue
    • Subscription Renewal
  • Sign In
  • Sign Out
  • My Account
Home » Amazon Boosts Revenue and Profit in First Quarter

Amazon Boosts Revenue and Profit in First Quarter

Profit more than doubles

April 27, 2018
MDM Staff
No Comments

Amazon.com, Inc. (NASDAQ:AMZ) reported net sales increased 43% to $51.0 billion in the first quarter, compared with $35.7 billion in first quarter 2017. Excluding the $1.6 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 39 percent compared with first quarter 2017.

Operating income increased 92 percent to $1.9 billion in the first quarter, compared with operating income of $1.0 billion in first quarter 2017. Net income more than doubled to $1.6 billion in the first quarter, compared with net income of $724 million in first quarter 2017.

Operating cash flow increased 4 percent to $18.2 billion for the trailing twelve months, compared with $17.5 billion for the trailing twelve months ended Mar. 31, 2017. Free cash flow decreased to $7.3 billion for the trailing twelve months, compared with $10.1 billion for the trailing twelve months ended March 31, 2017.

Amazon’s quarterly sales got a large boost from Whole Foods, which it acquired last year and accounts for most of its physical stores revenues, with $4.3 billion in physical stores first-quarter revenue. Sales in its largest segment – online stores – were up 18 percent in the quarter year over year to $26.9 billion.

Quarter Highlights for Business

Amazon Global Selling allows small and medium-sized businesses to more easily connect with international customers. In 2017, global sellers’ sales grew by more than 50% worldwide, representing more than 25% of total third-party seller sales on Amazon.

Amazon launched Fulfillment by Amazon (FBA) in Australia, offering small and medium-sized businesses selling on Amazon.com.au the ability to leverage the Amazon fulfillment network to better scale and reach more customers.

In Europe, Amazon launched additional locations for public fulfillment center tours in Spain, Italy, and the U.K., joining over 25 other sites across North America and Europe.

Amazon
  • Related Articles

    Avnet Moves from NYSE to Nasdaq

    Rockwell Automation Revenues Up 8% in Fiscal 2012 First Quarter

    Hill & Markes Boosts Online Revenue with Internal and External Engagement

  • Related Products

    Article Access: Hill & Markes Boosts Online Revenue with Internal and External Engagement

    Wolseley Revenues Up 26% in First Half of Year

    Commentary: Use Strategic Pricing to Boost Profitability

MDM Staff

MAPI Report: Recovery 'Clearly Under Way'

More from this author

Recent Articles by MDM Staff

Download this Issue as a PDF: December 10, 2019

Download this Issue as a PDF: November 25, 2019

Download this Issue as a PDF: November 10, 2019

Post a comment to this article

Report Abusive Comment

Popular Stories

  • Distributors are About to Get Commoditized

  • Distributors Struggle with Online Pricing

  • 6 Decision Criteria for Developing a Customer-Centric SKU Management Plan

  • A Distributor’s Innovation Playbook for 2020

  • MRO Buyers Primed for New Suppliers

Subscribe to MDM Update Newsletter

Your best source for news and trends in the wholesale distribution industry

Join Today
  • ABOUT MDM
    • About
    • Terms and Conditions
    • Authors
  • HELP
    • My Account
    • Login Help/ Password Reset
    • Research
    • Privacy & Data Act

CONTACT
6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060 
Toll free (888) 742-5060

 

Copyright ©2019. All Rights Reserved

  • Privacy Policy
  • Terms and Conditions