Amazon Squashes Same-Day Delivery Hopes

by Angela Nazworth | July 27, 2012 12:19 pm

During a conference call on Thursday that focused on the company’s not-so-hot Q2 profits[1], Amazon‘s (NASDAQ:AMZN[2]) CFO Tom Szkutak squashed hopes of same-day shipping[3].

“On the topic of delivery speed to customers, we are trying to get closer to customers, but in terms of same-day delivery, we don’t see a way to do same-day on a broad scale at the moment,” Szkutak said.

Shares of the online retailer’s stock dipped in after-hours trading Thursday, but ticked up today amid news that the company is building more fulfillment centers[4]. AMZN shares were up more than 6% during early afternoon trading, Friday.

More News About Amazon

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  3. squashed hopes of same-day shipping:
  4. building more fulfillment centers:
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  6. Why Amazon Will Put Robots in Power:
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