Home / Knowledge / News / Apparel/Garments / Amazon heading in right direction: Moody's
Amazon heading in right direction: Moody's
11
Nov '16
Courtesy: Amazon
Courtesy: Amazon
A new report from Moody's Investors Service informs that although, online retailer Amazon’s third quarter numbers were disappointing for the market, the company is heading in the right direction. The report considers that Amazon's third quarter earnings were strong, when viewed over the longer term and in the context of pay offs from high upfront investments.

“More immediately, the company should deliver excellent fourth-quarter results as it reaps some of the near term benefits of its extensive investment program," the report observes.

According to Moody’s, revenues are most likely will grow at least 22 per cent in the fourth quarter, however, the increasing discount war, will test the margin resolve of the world’s biggest online retailer.

flat with last year's fourth quarter result, this would still be a strong performance given the extent to which Amazon has accelerated its investments in growth,” the report added.

Amazon is continuing to spend considerable amounts to build its content ecosystem, which is critical to attracting and maintaining Prime members. (AR)

Fibre2Fashion.com – India


Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Denimsandjeans India 2018

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Textile industry, Head honchos

Textile industry
Head honchos

Quality should be the #1 priority

Abhishek Ralli,

Abhishek Ralli

Guide group is a government recognised manufacturing house engaged in the...

Amol Bhagwati,

Amol Bhagwati

A textile finishing solution provider, Inspiron Engineering Private...

Anupam Arya,

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions &amp; Vertriebs Gmbh, founded in 1978 and headquartered ...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

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

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search