November 14, 2024
SEATTLE – Amazon financial results for the third quarter (ended Sept 30, 2024) showed a net sales increase of 11% to $158.9 billion, compared with $143.1 billion in third quarter 2023. North America segment sales increased 9% year-over-year to $95.5 billion, while international segment sales increased 12% year-over-year to $35.9 billion. Amazon Web Services sales increased 19% year-over-year to $27.5 billion.
“As we get into the holiday season, we’re excited about what we have in store for customers,” said Andy Jassy, Amazon president & CEO. “We kicked off the holiday season with our biggest-ever Prime Big Deal Days and the launch of an all-new Kindle lineup that is significantly outperforming our expectations; and there’s so much more coming, from tens of millions of deals, to our NFL Black Friday game and Election Day coverage with Brian Williams on Prime Video, to over 100 new cloud infrastructure and AI capabilities that we’ll share at AWS re:Invent the week after Thanksgiving.”
Additional highlights listed in the official press release include:
- annual Prime Big Deal Days shopping event, with record sales, number of items sold, and Prime member participation—saving Prime members more than $1 billion with deals across its store;
- first-ever fuel savings offer for Prime, saving U.S. members 10 cents a gallon on fuel at approximately 7,000 bp, Amoco, and ampmlocations; and
- expanded its selection of brands with AllSaints, Beats x Kim, Estée Lauder, kate spade new york, and more.
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