F. Carter Smith/Bloomberg via Getty Images; Chelsea Jia Feng/BI
- Amazon says that deal-seeking shoppers dented its sales.
- Next quarter might be rough, too. The Olympics and the US election might distract people, it says.
- Amazon is presenting a bleak picture of the economy as rising prices batter American wallets.
Amazon said deal-hungry shoppers dented sales in the second quarter, presenting a bleak picture of the economy as prices continue to batter American wallets.