Lamsrust schreef op 4 februari 2022 09:42:
Haarscherpe analyse in onderstaand artikel in de Washington Post.
The latest results underscored Amazon’s other challenges. One reason the company said it was boosting the cost of Prime was to counter the rise in labor and transportation costs. As one of the largest employers in the world with 1.6 million workers, Amazon feels wage pressures acutely.
There are other warning signs. Amazon’s online sales fell slightly during the holiday period compared with those in the 2020 quarter, when it benefited from a sustained surge in online shopping during the Covid-19 pandemic.
Consumers are spending less online across the retail sector. According to credit card data from Bank of America, U.S. e-commerce
sales fell 3% in December compared with those a year earlier, after rising 6% in November.
Sales stayed negative in early January, the data showed.
That’s a problem for a stock like Amazon. While investors weren’t completely surprised by its stagnant results, the shares still aren’t cheap at 56 times the 2022 median earnings estimate, even using Thursday’s downtrodden closing price.
After a brief bounce, investors looking for strong growth aren’t likely to pile back in until there is some indication of a rebound in sales. It could be a long wait.