Some key takeaways:
“Although Amazon’s share price is outperforming retailers, conventional methods of evaluating operating performance, such as operating margin or any profitability measure, suggest that Amazon is actually the weakest of the large retailers, excluding sales growth,” they write.
“And even based on that measure, one could argue that Amazon has been ‘buying’ sales for the past 15 years, considering profits have not been its primary focus — unlike other retailers.”
“Given the company’s incessant push into new markets and products, it’s easy to understand temptations to overestimate. However, when estimates start hitting 85 million, we think it’s time to pause,” the Moody’s report states. That report’s calculations put the number closer to 50 million.
Submitted August 30, 2017 at 01:09PM by fanboy_killer http://ift.tt/2vFVJqa
