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wrote a post12/27/2021 16:25

Will Amazon Christmas retail data exceed expectations?

$Amazon(AMZN.US)$ Amazon announces Christmas retail data on the first trading day after Christmas every year. It has performed strongly in the past three years, rising 3.51% on December 28, 2020, 4.45% on December 26, 2019, and December 26, 2018 Up 9.45%

After the epidemic, the online shopping boom in the United States continues, and it is expected to set a new record again at Christmas. This is also a very good sign for Amazon.

According to the US pre-Christmas online shopping forecast released by Adobe Analytics this year, online sales in November and December are expected to increase by 10% to US$207 billion.

Adobe predicts that Amazon is likely to set a new sales record in the Christmas season this year. Analysts expect its fourth-quarter revenue to increase by 13% to $142 billion. Even when the supply chain is tight, Amazon's own logistics and economies of scale can provide stability for it.

Article excerpted from the US Stock Research Agency
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