Lead Capital Partners Reports Amazon Stock Tanks On Weaker Sales

2026-08-10 12:27:06 Business

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Lead Capital Partners: The shares of internet retail giant, Amazon fell over 10% after it narrowly missed holiday sales estimates.

Lead Capital Partners says Internet retail behemoth, Amazon, saw its stock plunge by more than 10% in after hours trading after it reported 4th quarter earnings that narrowly missed Wall Street analysts expectations. The Seattle, Washington-based company reported $35.7 billion in revenue a 22% jump on the same period last year but below the $36 billion the Street was expecting.

Amazon also reported profit per share of $1 against expectations of $1.56. The quarter also revealed a weaker-than-expected performance during the holiday season which is typically lucrative for the company which is one of if not the leading e-tailing business in the US.

This may have come as something of a shock to the wider investment community but weve been predicting that retailers would feel the effects of reduced consumer spending over the festive period for some time. While Amazon havent suffered to the same degree as some bricks & mortar-based retailers most notably Macys and Tiffany & Co., most analysts had expected them to beat comfortably, said David Eckhart, chief market strategist at New York-based investment management practice, Lead Capital Partners.

Despite the markets reaction to the news, Amazon still had cause for celebration. The company surpassed the $100 billion in annual sales milestone and claimed to serve more than 300 million customers.

It also reported that its Amazon Prime subscription membership which costs $99 a year and includes full access to its movie and TV show database as well as free shipping all year grew by 51% during the year. The companys cloud storage business, Amazon Web Services reported sales that jumped 69% on the year.

About Lead Capital Partners:
Lead Capital Partners is an independent investment management practice founded on the philosophy that an active, opportunistic and adaptable approach to investing provides our clients with the best chance for the realization of long-term positive returns irrespective of prevailing market environments.
It is our firm belief that the buy and hold investment strategy that has traditionally served investors to such great effect over the decades can, now, lead to significant losses in bear markets, or to little or no profit in markets that persist in trading in ranges unless they are actively managed by seasoned professionals such as those at Lead Capital Partners.