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CLAIM #7180 · Amazon.com Inc (AMZN) · 2022Q1 earnings call · Apr 28, 2022 · due Dec 31, 2022

So, we expect the year-over-year revenue comps to improve in the second half of the year because, again, we're passing this year of super high growth that I mentioned before from May of 2020 to May of 2021.

Brian Olsavsky · CFO

PENDING
graded after results covering Dec 31, 2022 are reported

In context

e for Q2. But what we see is that the fixed cost deleverage will narrow as we go through the year, and we'll be really glad we have this capacity in Q3 when Prime Day hits because that's always a big surge of both, inventory and orders, and then definitely in the holiday season. So, we will -- the way we see it as we've come out of a very tumultuous two years. We are glad we made the decisions we made over the past two years. And now we have a chance to more rightsize our capacity to a more normalized demand pattern. So, what's left there is really inflation, and that's what we're working on and evaluating and finding ways to mitigate and in some cases, having to pass some of the costs through to third-party sellers as well so that we're not subsidizing sales there. And then, we will see. So, we expect the year-over-year revenue comps to improve in the second half of the year because, again, we're passing this year of super high growth that I mentioned before from May of 2020 to May of 2021. But, it's not like the volume has receded. Like, in Q1 literally, where revenue 61% higher over two years from 2020. So the way to think about it is it went up and stayed up and now it's -- it will resume a more normal growth pattern. But I wouldn't be full by the revenue growth rates in this difficult comp period. Operator: Our next question comes from Ross Sandler with Barclays. Ross Sandler: So, the letter mentioned some impacts post the Ukraine invasion. I'm guessing it's mostly on the inflation and the fuel costs just mentioned. But any comment about how revenue trajectory compared in March after the conflict started versus before across your geographies? And is there any noticeable difference between Prime member volume and non-Prime? Thanks a lot. Brian Olsavsky: Yes. Hi Ross. No,

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SEC filings for AMZN · Claim quote is verbatim from the 2022Q1 earnings call.