Amazon.com, Inc. (NASDAQ: AMZN) reported first quarter 2023 earnings results today.
Net sales increased 9% year-over-year to $127.4 billion.
Net income was $3.2 billion, or $0.31 per share, compared with a net loss of $3.8 billion, or $0.38 per share, in the year-ago quarter.
Both revenue and earnings beat expectations.
For the second quarter of 2023, net sales are expected to be $127-133 billion, representing a growth of 5-10% YoY.
The stock was up 7% in after-market hours on Thursday.
Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, on Tuesday reported results for the fourth quarter of fiscal 2024. The company posted revenues of $78.9 billion
Shares of McCormick & Company Inc. (NYSE: MKC) were down on Tuesday. The stock has fallen 19% over the past three months. The spices and seasonings maker is scheduled to report its
Cintas Corporation (NASDAQ: CTAS) reported first quarter 2024 earnings results today. Revenue was $2.34 billion, up 8.1% from the same period last year. Organic revenue growth was also 8.1%. Net