Amazon.com, Inc (NASDAQ:AMZN), world’s biggest online retailer, reported on Friday that the company plans to open a 1 million-square-foot fulfillment center in DuPont, Washington.
The online retailer announced that it will produce hundreds of full-time employments with benefits at the new site. The projected investment in the scheme will surpass $100 million.
Amazon workers will pick, pack and ship bigger items to customers at this fulfillment center including range of products from canoes to televisions.
On average, The Seattle, Washington based Amazon fulfillment center jobs pay 30% over traditional retail employments and that does not even comprise the stock grants that full-time workers got.
Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. eBay Inc (NASDAQ:EBAY) fell -1.29% to settle at $50.36, Liberty Interactive Corp (NASDAQ:LINTA) moved down +0.83% to end at $19.12 while E Commerce China Dangdang Inc (ADR) (NYSE:DANG) jumped +6.15% to finish at $4.49 on Friday.
Amazon.com, Inc (NASDAQ:AMZN) last session’s volume of 2.53 million shares was lower than its average volume of 3.16 million shares. The stock after opening at $250.11 hit high price of $251.90 and then closed at $249.19 by scoring -0.82%.
AMZN generated revenue of $57.26 billion in the previous twelve months and earned $40.00 million. The Company showed a positive 0.28% in the net profit margin as well as in its operating margin which remained at 0.93%. Company’s annual sales growth for the past five years was 35.03%.
The AMZN’s past twelve months’ price to sales ratio was 1.97 and price to cash ratio remained 21.51. As far as the returns are concerned, AMZN’s return on equity was recorded as 0.52% and return on investment increased 1.58% while its return on asset stayed at 0.76%.
The stock showed weekly downbeat performance of -1.61% which was maintained for the month at +11.77%. Likewise the negative performance for the quarter was recorded as -4.25% and for the year was +38.05% while the YTD performance remained at +43.96%.
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