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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Amazon.com, Inc.    AMZN

AMAZON.COM, INC.

(AMZN)
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Amazon's Whole Foods opens first delivery-only store in Brooklyn

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09/01/2020 | 12:42pm EDT

Sept 1 (Reuters) - Amazon.com Inc owned Whole Foods Market opened its first delivery-only store in Brooklyn, New York on Tuesday, as the e-commerce giant looks to take greater advantage of a coronavirus-induced surge in online grocery shopping.

Amazon said it hired hundreds of employees to work at the new store, which will deliver to customers only in the Brooklyn area.

Afraid to step out of home during the pandemic, people are using their phones and computers to order bread, milk, vegetables and daily household essentials. This has boosted online business of retailers such as Walmart Inc and Target Corp.

Grocery delivery is one of the fastest-growing businesses at Amazon, with online sales tripling in the second quarter this year.

The company bought Whole Foods in 2017 for $13.7 billion. (Reporting by Neha Malara and Uday Sampath in Bengaluru; Editing by Shinjini Ganguli)


Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. 1.27% 3201.9391 Delayed Quote.71.16%
CLASS III MILK FUTURES (DC) - CMG (ELECTRONIC)/C1 -0.37% 21.57 End-of-day quote.12.06%
CLASS IV MILK?FUTURES (GDK) - CMG (ELECTRONIC)/C1 -1.10% 13.52 End-of-day quote.-19.48%
DRY WHEY?FUTURES (DY) - CMG (ELECTRONIC)/C1 -0.14% 34.5 End-of-day quote.4.70%
NONFAT DRY MILK FUTURES (GNF) - CMG (ELECTRONIC)/C1 0.09% 106.65 End-of-day quote.-12.11%
WALMART INC. 0.19% 140.325 Delayed Quote.17.84%
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Financials (USD)
Sales 2020 370 B - -
Net income 2020 16 486 M - -
Net cash 2020 55 489 M - -
P/E ratio 2020 98,3x
Yield 2020 -
Capitalization 1 584 B 1 584 B -
EV / Sales 2020 4,13x
EV / Sales 2021 3,44x
Nbr of Employees 798 000
Free-Float 81,3%
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Amazon.com, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends AMAZON.COM, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 53
Average target price 3 748,93 $
Last Close Price 3 162,78 $
Spread / Highest target 42,3%
Spread / Average Target 18,5%
Spread / Lowest Target 6,24%
EPS Revisions
Managers
NameTitle
Jeffrey P. Bezos Chairman, President & Chief Executive Officer
Dave Clark Senior Vice President-Worldwide Operations
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Patricia Q. Stonesifer Independent Director
Thomas O. Ryder Independent Director
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