Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

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

AMAZON.COM, INC.

(AMZN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Retailers already fear U.S. holiday 'shipageddon'; now here come vaccines

11/24/2020 | 09:59pm EST
FILE PHOTO: Vials and medical syringe are seen in front of AstraZeneca logo in this illustration

LOS ANGELES (Reuters) - Deliveries of holiday gifts purchased online at major retailers could get delayed by something far more critical - COVID-19 vaccines.

Pharmaceutical companies including Pfizer and Moderna as early as mid-December could begin sending inoculations to U.S. healthcare workers and nursing home residents.

FedEx and United Parcel Service could make space for those shipments on cargo planes by bumping off packages from Amazon.com, Walmart, Target and other retailers.

"FedEx is prioritizing vaccines," company spokeswoman Bonny Harrison told Reuters.

While vaccines could displace some FedEx Express air shipments, they will not affect the separate FedEx Ground network that depends on trucks and delivers the majority the company's holiday volume, Harrison said.

UPS, without elaborating, said it is prepared for holiday and vaccine shipments. UPS and FedEx are transportation providers to the federal government's Operation Warp Speed vaccine project.

The additional cargo could cause problems for retailers who were already worried about a year-end "shipageddon" in the United States, where peak holiday demand and a pandemic-fueled surge in online orders of everything from food to furniture risk overwhelming delivery networks.

During the peak holiday season, many more products use air versus ground transportation, said Alan Amling, distinguished fellow at the University of Tennessee's Global Supply Chain Institute.

The vaccine is "going to strain the industry, but when it comes to the trade-offs, I'll take the vaccine," said Amling, a former UPS executive.

"It could not start at any worse time," said Satish Jindel, president of ShipMatrix, a delivery tracking and management firm. He does not expect impatient shoppers to give the carriers a blanket pass for putting the nation's health before their last-minute holiday gifts.

"Seeing how American consumers are handling the recommendations for safety during the pandemic, they will be more upset about their Christmas online orders being delayed," Jindel said.

Retailers like Target and Best Buy launched Christmas promotions before Halloween, the earliest ever, to spread deliveries of online orders across a longer time frame.

Those and other projects are designed to prevent networks from buckling when demand spikes.

"This would include vaccines that may be approved for distribution during the holiday peak season," said Mike Parra, chief executive for DHL Express Americas, a UPS and FedEx rival.

Melissa Dorko, 41, and her husband are ordering holiday gifts weeks earlier than usual this year.

"We are never this buttoned up," said Dorko, a mother of three who used to be a last-minute Christmas shopper on Amazon.

(Reporting by Lisa Baertlein in Los Angeles; Editing by David Gregorio)

By Lisa Baertlein


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. 0.53% 3120.76 Delayed Quote.-4.18%
BEST BUY CO., INC -2.09% 111.62 Delayed Quote.11.85%
DEUTSCHE POST AG -0.92% 42.91 Delayed Quote.5.95%
FEDEX CORPORATION -1.20% 249.52 Delayed Quote.-3.89%
MODERNA, INC. -3.58% 125.01 Delayed Quote.19.66%
PFIZER INC. 0.08% 36.73 Delayed Quote.-0.22%
WALMART INC. -0.86% 143.39 Delayed Quote.-0.53%
All news about AMAZON.COM, INC.
04:03pAMAZON COM : to Webcast Fourth Quarter 2020 Financial Results Conference Call
BU
03:06pNASA Mulling Whether to Redo Ground Test of Deep-Space Rocket
DJ
11:52aAMAZON COM : invests in Quebec to create more than 1,000 new jobs and bring fast..
AQ
09:11aAMAZON : Teams Up with Pharrell Williams' YELLOW and Georgia Tech to Launch New ..
BU
08:54aAMAZON COM : teams up with Pharrell and Georgia Tech to launch a new music remix..
PU
08:18aEXCLUSIVE : India plans foreign investment rule changes that could hit Amazon
RE
06:42aSIMON WOLFSON : Ahead of expected IPO, Deliveroo recruits Next's Wolfson to boar..
RE
06:33aAMAZON COM : Says Any Big Foreign Investment Rule Changes in India Will Have 'Ad..
RE
01/18Parler partially reappears with support from Russian technology firm
RE
01/18RELIANCE TO EMBED E-COMMERCE APP INT : Mint
RE
More news
Financials (USD)
Sales 2020 380 B - -
Net income 2020 18 142 M - -
Net cash 2020 44 304 M - -
P/E ratio 2020 89,7x
Yield 2020 -
Capitalization 1 566 B 1 566 B -
EV / Sales 2020 4,00x
EV / Sales 2021 3,34x
Nbr of Employees 798 000
Free-Float 81,7%
Chart AMAZON.COM, INC.
Duration : Period :
Amazon.com, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AMAZON.COM, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 52
Average target price 3 830,67 $
Last Close Price 3 120,76 $
Spread / Highest target 44,2%
Spread / Average Target 22,7%
Spread / Lowest Target 12,2%
EPS Revisions
Managers and Directors
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
Sector and Competitors
1st jan.Capitalization (M$)
AMAZON.COM, INC.-4.18%1 557 561
JD.COM, INC.-0.15%136 033
WAYFAIR INC.32.86%29 834
ETSY, INC.14.90%25 776
MONOTARO CO., LTD.2.67%13 369
B2W COMPANHIA DIGITAL8.65%8 748