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Amazon blames change in holiday timing in India as season sales outlook misses views

Updated : October 26, 2018 08:25 AM IST

Brian Olsavsky, Amazon's chief financial officer, was sanguine though. He said no fundamentals had changed, just some holiday timing in India and accounting differences.
But Amazon's third-quarter sales lagged estimates as well. Analysts said international results were disappointing and online competition was increasing.
The company blamed accounting changes and cautioned that it was being conservative with its outlook.
Amazon blames change in holiday timing in India as season sales outlook misses views

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