Brian Olsavsky

Amazon’s Q1 Profit Dips on COVID Response
Financial Performance

Amazon’s Q1 Profit Dips on COVID Response

The company expects to plow its entire Q2 operating profit back into "getting products to customers and keeping employees safe.”
By Matthew Heller | May 1, 2020
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Amazon Profit Dives on One-Day Shipping Costs
Supply Chain

Amazon Profit Dives on One-Day Shipping Costs

“There’s a lot of cost in the short run” from expanding the free one-day delivery program, CFO Brian Olsavsky says.
By Matthew Heller | October 25, 2019
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Amazon Profit Doubles to Record $3.6B in Q1
Financial Performance

Amazon Profit Doubles to Record $3.6B in Q1

The company "has entered a new era with comparatively sluggish sales growth, but a consistently profitable business.”
By Matthew Heller | April 26, 2019
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Amazon Posts Record Earnings But Stock Falls
Financial Performance

Amazon Posts Record Earnings But Stock Falls

“The question for investors now is if Amazon can grow profits fast enough to make up for slowing revenue growth."
By Matthew Heller | February 1, 2019
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Amazon Sales Jump 25% But Profits Disappoint
Global Business

Amazon Sales Jump 25% But Profits Disappoint

CFO Brian Olsavsky defends the company's heavy spending, saying "We are continuing to invest in businesses that ... can last for decades."
By Matthew Heller | July 28, 2017
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Amazon Shares Dip 3% on Revenue Miss
Strategy

Amazon Shares Dip 3% on Revenue Miss

Fourth-quarter net sales of $3.54 billion fell short of analysts' estimates but net income rose 55% to $749 million.
By Matthew Heller | February 3, 2017
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Amazon CFO Szkutak to Retire Next Year
Technology

Amazon CFO Szkutak to Retire Next Year

The change comes as CEO Jeff Bezos fields accusations that he's too focused on areas outside the company's core online retail business.
By Iris Dorbian | September 4, 2014
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