Amazon’s Holiday-Quarter Forecast Disappoints as Labor, Supply Issues Mount

Amazon’s Holiday-Quarter Forecast Disappoints as Labor, Supply Issues Mount
The logo of Amazon in Lauwin-Planque, northern France, on Feb. 20, 2017. Pascal Rossignol/Reuters
|Updated:

Amazon.com Inc. on Thursday reported a slump in profit that it expects will continue through the holiday quarter, as higher pay to attract workers and other operational disruptions diminish the company’s windfall from online shopping.

Shares fell 4 percent in after-hours trade.