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Amazon warned of the effects of Donald Trump’s global trade war and gave weaker than expected guidelines for the second quarter when the e-commerce giant asserted itself with steep tariffs.
The group based in Seattle on Thursday announced in the current quarter that an operating result between USD 13 billion and USD 17.5 billion is expected. This is $ 14.7 billion a year ago, but it was no longer in the forecast of $ 17.7 billion from Wall Street.
In the financial guidelines, Amazon added the list of factors that were a risk of its risk, “tariff and trade policy” income.
The managing director Andy Jassy informed investors that the company was well positioned to survive the storm and had a forward purchase of the inventory this month before the Trump administration.
“We have not yet seen any weakening of the demand,” he said, and these average sales prices had not increased noticeably with tariffs. “There will be many sellers who decide to pass these higher costs to consumers.”
Amazon was it Negotiation strong discounts With providers and experiments to the effects of tariffs over there. It imports about a quarter of the articles that it sells from China.
Before Amazon’s results, Goldman Sachs analysts said that the taxes this year could knock $ 5 billion of USD from the company’s business profits, depending on how the trade war affected. This would make a hit of 6-12 percent for the operation of $ 79.2 billion in the operating profit of $ 79.2 billion, which the Wall Street predicts.
Amazon Forecast net sales in the current quarter between USD 159 billion and $ 164 billion, with the lower area behind the expectations of USD 161.4 billion.
The company’s shares declined by 2.3 percent in retail in New York after they had closed the regular session by 3.1 percent higher.
The income in the March Quartal of Amazon rose by 9 percent to $ 156 billion compared to the previous year, which, according to the consensus estimates of S&P, visible alpha defended estimates of $ 155 billion.
The huge E -Commerce platform of the group continued to grow in the first quarter. The net turnover in its online individual trading department rose by about 5 percent compared to the previous year.
Amazon this week locked horns After the US government had discussed in a step that resembles the Chinese rival Temu after the occurrence of its ultra-deeper transport platform.
Transport, which ships goods from camps in China, will be affected by May 2 by removing tax exemptions for goods worth less than 800 US dollars.
The press spokesman for the White House, Karoline Leavitt, said on Tuesday that the suggestions were an “enemy and political act” by Amazon. The group publicly went back after Trump spoke to her founder Jeff Bezos.
The Cloud Division of Amazon, which makes the biggest contribution to profit, narrowly missed expectations, but continued to show signs of strong growth. The turnover on Amazon Web Services, which operates data centers and offers customers software tools, rose 17 percent to USD 29.3 billion, but remained somewhat reduced $ 29.4 billion.
The company spent $ 24.3 billion in the first quarter for investment expenses, compared to $ 13.9 billion in the previous year. It Plans to output $ 100 billion In Capex this year, most of its investments are aimed at AI initiatives.
Jassy said that new semiconductor chips from NVIDIA and Amazon’s own Traindium 3 would land in the coming months, but that the company was confronted with data center restrictions due to motherboards and other components.
The company’s rapidly growing advertising business increased 18 percent to $ 13.9 billion.
