Amazon reported a huge jump in second-quarter earnings amid a 49% increase in sales of its extremely lucrative cloud-computing business and a big increase in North American retail operating profit.
Starbucks Corp.’s third-quarter earnings and sales beat analysts’ estimates, but the company slightly lowered its outlook amid a slowdown in sales in China.
An in-depth analysis of fourth-quarter 2017 sales results revealed that despite increasing sales, many retailers still face declining gross margin percentages and lower overall EBITDA.