secwatch.observer — SEC 8-K summary
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Issuer:     AMAZON COM INC (AMZN)
CIK:        0001018724
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001018724-21-000026
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amazon Q3 net income down 49% to $3.2B; guides Q4 with billions in extra costs
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- Net sales $110.8B (+15% YoY); operating income $4.9B vs $6.2B; net income $3.2B ($6.12/diluted) vs $6.3B ($12.37).
- Free cash flow TTM dropped to $2.6B from $29.5B; cash flow ops down 1% to $54.7B.
- AWS revenue growth accelerated to 39% YoY; however, overall profitability pressured by fulfillment investments.
- Expects 'several billion dollars' of additional Consumer costs in Q4 due to labor shortages, wage hikes, supply chain issues.
- Common shares outstanding + stock awards: 523M vs 518M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018724/000101872421000026/0001018724-21-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018724/000101872421000026/amzn-20211028.htm
  HTML page:      https://secwatch.observer/filing/0001018724-21-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer