Amazon's year-to-date unit sales rise nearly 15%
AMZN•Amazon said year-to-date unit sales grew nearly 15% year over year in its October 29 third-quarter update. Gross sales rose by more than $90 billion over the trailing 12 months, while grocery gross sales reached nearly $250 billion.
1. Sales growth
Amazon's October 29 third-quarter update showed year-to-date unit sales grew nearly 15% year over year. Gross sales increased by more than $90 billion over the trailing 12 months.
2. Grocery and margins
North American and international operating margins each expanded by nearly 10 percentage points over the past few years. Grocery gross sales reached nearly $250 billion over the trailing 12 months. Fresh groceries and everyday essentials grew about three times faster than the rest of the store in the quarter and represented roughly half of units sold.
