A Look at the Impact of Amazon's One-Day Shipping So Far
Amazon (NASDAQ: AMZN) announced plans to move its Prime shipping benefit from standard two-day shipping to one-day shipping about six months ago, and it started rolling out the expedited service at the start of June. The company now has two earnings reports detailing the impact of the faster shipping speeds on the business, and it's quite noticeable. Amazon's third-quarter results disappointed investors as earnings fell below expectations. But the online retailer saw excellent top-line growth that should excite long-term investors.
Diving into the company's earnings report and management's commentary can give investors a better idea of the impact of one-day shipping on Amazon's financial results so far and what to expect in the future.
Image source: Amazon.
Source Fool.com
