Take Profit

6 thg 7, 2020

Q1 Amazon killed it and rightfully so. But they said their covid related costs were just South of 10B. Q2 we moved into openings and we had the retail push and people "revenge" buying. But not on amazon. I believe Amazon will continue to have high covid associated costs, and they said this with guidance last quarter. Will be interesting to see that, combined with what I believe will be less revenue than Q1.