Amazon’s revenue grew 26 percent in the first three months of the year, the company announced Thursday. The tech giant became an essential shopping destination in March after the Covid-19 pandemic incited stay-at-home orders across the globe.
But CEO Jeff Bezos warned investors that the company’s profit would suffer over the next few months as it spent billions on safety measures for its workforce and other coronavirus-related measures.
“Under normal circumstances, in this coming Q2, we’d expect to make some $4 billion or more in operating profit,” Bezos wrote in a statement. “But these aren’t normal circumstances. Instead, we expect …