Amazon announced its earnings for the fourth quarter of 2022 which beat Wall Street's estimates for sales by nearly $4 billion following a strong holiday season.
reported its earnings for the fourth quarter of 2022 on Thursday, which beat Wall Street's estimates on the back of strong sales during the holiday season.
"Our relentless focus on providing the broadest selection, exceptional value, and fast delivery drove customer demand in our Stores business during the fourth quarter that exceeded our expectations—and we’re appreciative of all our customers who turned to Amazon this past holiday season," said Amazon CEO Andy Jassy.Sales in North America were up 14% when excluding changes due to unfavorable foreign exchange rates, while international sales were up 5%.
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