Highlights from Earnings Results of Major e-Commerce Sector Players
As the holiday shopping season draws to a close, more players in the e-commerce sector are reporting their earnings for the year. Below, we look at some of the major fulfillment vendors and retailers that announced earnings from their recent fiscal quarters. Amazon.com Inc. reported its highest operating income ever in its third quarter, raking in $143.1 billion. This increase represents a 343% growth, year over year (y-o-y). Walmart Inc.’s report shows that online sales in the United States rose by 24% for its 2023 fiscal third quarter. Over the same period, international e-commerce sales role 15% while global e-commerce…