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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Amazon.com    AMZN

AMAZON.COM

(AMZN)
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Amazon com : Offering Free Shipping on Holiday Orders

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11/05/2018 | 08:50am EDT

By Colin Kellaher

Amazon.com Inc. on Monday said it is offering free shipping with no minimum purchase on orders delivered through the holidays, countering shipping deals from rivals Target Corp. and Walmart Inc.

The online retail giant also said it is offering free same-day shipping on more than 3 million items to Amazon Prime shoppers as it looks to boost membership. Customers who pay $119 a year for a Prime membership already receive free two-day shipping with no minimum order.

Amazon last year offered free holiday shipping to customers without Prime memberships but required a minimum order of $25.

Target last month said it would offer free two-day holiday shipping on hundreds of thousands of items without a minimum purchase or membership, a shift from earlier this year, when shoppers could receive free shipping only if they spent $35 or used a Target loyalty card.

Walmart, which already offered free two-day shipping in the U.S. on purchases of at least $35, last month said millions of items sold by third-party merchants in its marketplace would also get free two-day shipping with no membership fee.

The National Retail Federation in October said it expects holiday retail sales to rise 4.3% to 4.8% from 2017 to $717.45 billion to $720.89 billion, excluding automobiles, gasoline and restaurants.

Write to Colin Kellaher at colin.kellaher@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM 0.81% 1822.55 Delayed Quote.21.34%
TARGET CORPORATION 0.30% 107.28 Delayed Quote.62.32%
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Financials (USD)
Sales 2019 279 B
EBIT 2019 15 137 M
Net income 2019 12 036 M
Finance 2019 34 260 M
Yield 2019 -
P/E ratio 2019 76,8x
P/E ratio 2020 54,3x
EV / Sales2019 3,11x
EV / Sales2020 2,56x
Capitalization 902 B
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Technical analysis trends AMAZON.COM
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 50
Average target price 2 272,65  $
Last Close Price 1 822,55  $
Spread / Highest target 43,5%
Spread / Average Target 24,7%
Spread / Lowest Target 2,33%
EPS Revisions
Managers
NameTitle
Jeffrey P. Bezos Chairman, President & Chief Executive Officer
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Patricia Q. Stonesifer Independent Director
Tom A. Alberg Independent Director
Thomas O. Ryder Independent Director
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