Amazon says holiday deal week set new sales and item records
Amazon said its Black Friday and Cyber Monday events delivered its strongest Thanksgiving shopping period yet, led by devices and U.S. demand for electronics, toys and beauty.
By Dev Ramirez · Crypto Correspondent
· 2 min read
Amazon.com Inc. said Tuesday that its Thanksgiving shopping stretch produced record sales and a record number of items sold. For everyday investors, that makes the update an early read on consumer demand during one of retail’s most watched weeks, even though the company did not attach specific dollar figures to the announcement.
The company said its Black Friday week and Cyber Monday deal event were its largest Thanksgiving holiday shopping events to date. In plain terms, Amazon is saying both the total value of goods sold and the number of products customers bought exceeded prior holiday events on its platform.
Amazon pointed to its own hardware as a key part of the sales mix. The company said shoppers bought millions of Echo and Fire TV devices during the event. It named the latest Echo Dot and Fire TV Stick 4K as two of the best-selling products from the period.
In the U.S., Amazon said the strongest product categories included electronics, toys and beauty. Those categories are closely watched during the holiday season because they cover both gift purchases and discretionary spending, meaning purchases consumers can delay or skip when budgets are tight.
What Amazon disclosed
- Amazon said its Black Friday week and Cyber Monday deal event were its biggest Thanksgiving holiday shopping events ever.
- The company said it set records for both sales and number of items sold.
- Amazon said customers bought millions of Echo and Fire TV devices.
- The latest Echo Dot and Fire TV Stick 4K were among the event’s best-selling products, according to the company.
- In the U.S., top-selling categories included electronics, toys and beauty.
The announcement gives Amazon a strong talking point for the holiday quarter, a period that can carry extra weight for retailers and e-commerce companies. Holiday promotions can boost order volume, while also pressuring margins if discounts are steep. Amazon’s statement focused on demand and product momentum, not profitability.
For investors, the missing details matter. Amazon did not disclose total sales, year-over-year growth, average order size or how much discounts contributed to the performance in the statement. Those figures would be needed to assess how much the shopping event could affect Amazon’s reported financial results.
Still, the company’s update suggests its marketplace and device ecosystem remained central to holiday shopping behavior during the Thanksgiving period. Amazon’s next financial reports would provide a fuller view of whether record order activity translated into stronger revenue and earnings.
This story draws on original reporting from MarketWatch.