Home / Knowledge / News / Apparel/Garments / Q2 sales at online retailer Amazon drive up 20%
Q2 sales at online retailer Amazon drive up 20%
Jul '15
For its second quarter ended June 30, 2015, net sales at the world's biggest online retailer Amazon.com drove up 20 per cent year over year.

Net sales increased 20 per cent to $23.18 billion in the second quarter of 2015, compared with $19.34 billion in second quarter 2014.

Excluding the $1.39 billion unfavourable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales soared 27 per cent over the prior year second quarter.

In the reporting quarter, operating income totaled to $464 million as against operating loss of $15 million in the corresponding period of last year.

The online retailer reported net income at $92 million in the quarter under review or $0.19 per diluted share compared with net loss of $126 million or $0.27 per diluted share in the second quarter of 2014.

Operating cash flow soared 69 per cent to $8.98 billion for the trailing twelve months from $5.33 billion for the trailing twelve months ended June 30, 2014.

Free cash flow also surged to $4.37 billion for the trailing twelve months, compared with $1.04 billion for the trailing twelve months ended June 30, 2014.

Common shares outstanding plus shares underlying stock-based awards totaled 488 million on June 30, 2015, compared with 480 million one year ago.

In the quarter, the Council of Fashion Designers of America held the inaugural showcase for American men's fashion, New York Fashion Week: Men's, which was presented by Amazon Fashion and others.

Amazon India continues to be Amazon's fastest growing geography in sales, and India's largest online store with over 25 million products.

Amazon announced the Global Selling Program for sellers in India, which enables them to access hundreds of millions of customers around the world.

For the third quarter of 2015, Amazon expects net sales to be between $23.3 billion and $25.5 billion, or to grow between 13 and 24 per cent compared with third quarter of 2014.

The online retailer has projected its operating income or loss to be between a loss of $480 million and income of $70 million against an operating loss of $544 million in the prior year third quarter.

“This guidance includes approximately $580 million for stock-based compensation and amortisation of intangible assets,” it explained.

Amazon also added that it assumes, among other things, that no additional business acquisitions, investments, restructurings, or legal settlements are concluded. (AR)

Fibre2Fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search