July 31, 2017

Amazon’s Q2 Results Disappoint with a 77 Percent Drop in Net Income

Last Thursday Amazon (NASDAQ: AMZN) announced its quarterly financials for the second quarter ending June 30, 2017, and it wasn’t pretty. While much of the news was positive, including a 25 percent increase in sales to $38.0 billion, the company’s net income decreased dramatically, coming in at $197 million, 77 percent less than net income of $857 million for Q2 2016. According to The Motley Fool, Wall Street analysts had expected sales of $37.2 billion and $1.41 earnings per share. Amazon hit the sales target, but missed the earnings per share target by $1.01 per share, causing a $25.96 per share drop in Amazon stock.

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What You Can Learn from the Subscription Box Industry

As you grow your subscription business, theres a lot you can learn by studying marketing techniques of todays fastest growing subscription box companies. Some of the discoveries will be unique and new, other will be some of the marketing strategies others have used for years. How many new ideas can you find for you and your team to implement?

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