Market Hit: Online marketplace giant Amazon (AMZN) reported total sales growth of 12.6%, similar to CE Global implied reported growth of 13.3% and nearly identical to CE Vantage growth figure of 12.4%, further projecting a directional beat of 11.4% consensus estimates.
Online marketplace Amazon (AMZN) recently reported North America sales growth of 11%, in-line with CE implied reported growth of 11.1% beating consensus estimates of 9.3%.
Amazon US Reported Growth
Amazon’s reported total sales growth of 12.6%, not only similar to CE’s Global implied reported growth of 13.3%, but nearly identical to CE’s new Vantage growth figure of 12.4% further projecting a directional beat of 11.4% consensus estimates. As a result, the stock opened +6% Friday morning after reporting earnings.
Amazon Global Reported Growth
In the most recent quarter, AMZN called out that their third party sellers grew 18% on a year over year basis, close to CE Global’s 1 year growth of 20.5% on a global basis. For more details on how Amazon is defending itself against up and coming retailer giants, explore this recent CE data analysis on Shein and TEMU.
Amazon Marketplace Growth
CE Vantage is an integrated blending, forecasting, and prediction technology. CE Vantage’s advanced blending capabilities fuse global datasets including US, UK, and EUR for simplified consumer spend forecasting, earlier company-reported KPI predictions, and effortless access to CE data for faster decision-making.
Consumer Edge is the leading provider of alternative data for consumer spending behavior, and the only provider of global revenue signals. If you’d like to benefit from using Transact US or other products for ecommerce, retail, and other industry data year-round to track trends and market hits like these, reach out to email@example.com.
About the Authors
Subscribe for More
Sign up to be the first to know about market events, industry news, and data insights like this from the Consumer Edge Insight Center.