Seeking Alpha

Amazon slides after sales disappoint

  • Amazon (AMZN) saw revenue growth decelerate in Q4 from the previous two quarters (Q3 24%, Q2 22%).
  • North America sales rose 25.9% Y/Y to $15.33B, while International sales were up 12.8% to $10.26B.
  • The company saw a nearly even growth rate between media and electronics in North America.
  • Q1 guidance is below expectations. Sales are projected at $18.2B-$19.9B and the company sees an operating gain/loss of -$200M to $200M.
  • AMZN -9.9% AH

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Comments (17)
  • J Mintzmyer
    , contributor
    Comments (4138) | Send Message
     
    Amazon is getting insanely preferential treatment considering the run-up they've had over the past year. They should be down 20-30% on this news.
    30 Jan 2014, 05:19 PM Reply Like
  • june1234
    , contributor
    Comments (3113) | Send Message
     
    From the beginning AMZN has always been a stock appreciation story for its investors and employees. Its not a hard one to sell. Lot of people use and love AMZN as 25.9% N.America and 12.8% international sales growth shows.
    31 Jan 2014, 05:53 AM Reply Like
  • portatopia
    , contributor
    Comments (964) | Send Message
     
    That's probably due almost 80% of the stock owned by the institutions and insiders. They can support the price as long as no one is liquidating
    30 Jan 2014, 05:44 PM Reply Like
  • The_Hammer
    , contributor
    Comments (4264) | Send Message
     
    about time this bloated stock took a hit.
    30 Jan 2014, 06:49 PM Reply Like
  • Mark Krieger
    , contributor
    Comments (4367) | Send Message
     
    they always sandbag guidance, that way, they can always over deliver.

     

    they will report 1 q sales of $20b and operating earnings of $250m,,,after all, it is all about pleasing the street.
    30 Jan 2014, 07:14 PM Reply Like
  • all on board
    , contributor
    Comments (197) | Send Message
     
    They don't make money!They stay afloat receiving instant credit payments from buyers and floating the cash for 90 days using their account payable.Its a house of cards! It's the velocity of money ,lots of revenue with no profits.Astounding how the continue to get a free pass.
    30 Jan 2014, 07:34 PM Reply Like
  • Mark Krieger
    , contributor
    Comments (4367) | Send Message
     
    it sounds like they are pretty smart businessmen if they can pull off that kind of a charade
    30 Jan 2014, 07:51 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4013) | Send Message
     
    They are pretty sharp - they get all of my business.
    30 Jan 2014, 07:51 PM Reply Like
  • Nathan Brooks
    , contributor
    Comments (447) | Send Message
     
    Very strong North America growth at 30%.
    30 Jan 2014, 07:54 PM Reply Like
  • sl100
    , contributor
    Comments (112) | Send Message
     
    Do not worry they will make money sometime, amazon is mr. Popular and has not made profit since the start. but the Feds keep pumping money all crap like amazon can go to infinity without making money. Folks the Feds have created the greatest ponzi every at the cost of rest of worlds 99%. They have driven most savers to speculated directly or indirectly via 401k plans. They leverage in the system is much larger then in 2007.

     

    All it takes these days to move stocks is some news on MSM that's we going to delv by drones and the value of the company is up 20%. If you want to beat the ponzi refuse to invest in stocks and move your money to cash and money mkt funds do not move them back for a year or until the mkt crashes. Redirect your 401k contributions to stable value or money mkt funds now, so you are not buying at the top via mutual funds or ETFS.

     

    The only reason Feds are reducing the we is that they cannot manage the 4.2 trillion and growing to 5.2 trillion by the year end.
    30 Jan 2014, 07:58 PM Reply Like
  • ClassicLib
    , contributor
    Comments (120) | Send Message
     
    Gary? Where are you?
    30 Jan 2014, 08:35 PM Reply Like
  • sfobayguy
    , contributor
    Comments (3) | Send Message
     
    I never bought less from Amazon than last year, especially 4th QTR. Bought more from Macy's, Costco and Target. Prices and selection were the problem at Amazon for me plus, subscribe and save items kept being deleted, very frustrating and too many add-on items considering I have to pay 90 dollars per year for shipping.
    31 Jan 2014, 01:07 AM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (11516) | Send Message
     
    Amazon weakness is a big warning bell for everyone.
    31 Jan 2014, 02:24 AM Reply Like
  • investingInvestor
    , contributor
    Comments (1739) | Send Message
     
    Moon, why? Are you just being dramatic? Are you afraid?
    Really, 25.9 percent YoY in North America (Canada, US, and Mexico) is fantastic.
    Really, 12.8 percent YoY for the rest of the world is much higher growth (both rate and absolute) than all Amazon's competitors. Does Amazon have any serious competitor?
    Really, Walmart, Best Buy, and similar US businesses claimed they would retake Amazon's customers in 2013 and 2014. But they continue losing business to Amazon.
    What weakness could you be talking about? The economy is ok. Consumer spending is ok. Business and consumer sentiment is ok. Inflation/deflation is ok. Global stability is ok.
    Is Moon going over to the dark side, the sheeple?
    31 Jan 2014, 10:46 AM Reply Like
  • Stock_doc
    , contributor
    Comments (243) | Send Message
     
    This may be even more concerning to B&M retailers like Best Buy. If Amazon is slowing down in sales, then it could be serious trouble for the retail sector as a whole.
    31 Jan 2014, 07:39 AM Reply Like
  • Ray Lopez
    , contributor
    Comments (1595) | Send Message
     
    Seeking Alpha contributor Paulo Santos, who has been talking of Amazon's collapse for years, is finally redeemed!
    31 Jan 2014, 10:14 AM Reply Like
  • investingInvestor
    , contributor
    Comments (1739) | Send Message
     
    I wonder what Paulo has to say now...
    31 Jan 2014, 12:05 PM Reply Like
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