Amazon's Sales Growth Costs a Fortune in Shipping and Fulfillment
As could have been expected, e-commerce behemoth Amazon (NASDAQ: AMZN) logged another monster quarter of earnings last week. Coronavirus-concerned consumers drove a 37% year-over-year increase in the company's top line for the three-month stretch ending in September. North America remains Amazon's biggest market for physical and digital goods, but Amazon Web Services (AWS) and international operations saw the most relative growth.
It would be naive, however, to look past the fact that Amazon's impressive expansion isn't taking a toll. Namely, fulfillment and shipping expenses continue to rise much faster than the company's top-line revenue. Last quarter was no exception.
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Source Fool.com
