“We’re continuing to lower prices and ship even more quickly,” Amazon CEO Andy Jassy said during the company’s earnings call on Oct. 31. “We can see this resonating with customers, as our unit growth continues to be strong and outpace even our revenue growth.”
Shoppers seem to be flocking to Amazon for essentials, driving a surge in sales that’s growing 50% faster than other product categories, according to Amazon’s CFO Brian Olsavsky.