Amazon reported Q4 earnings on February 6th, with record quarterly net sales of $187.8B (+11%) and most topline metrics coming in-line with expectations. Operating margin expanded across all 3 segments of the business (Stores, Advertising, AWS), but investors showed concern over 2025 Capex spend and lowered Q1 sales guidance.
Download Harvest Group’s full earnings recap with unique takeaways for suppliers here: