Here is what Amazon's Chief Financial Officer Brian Olsavsky told analysts on a Thursday evening earnings call:
"As far as Whole Foods is concerned, its not included in this guidance but we are excited about that acquisition and looking forward to working at the team at WFM. Think they're very customer centric just like us, built a great business focused around customers. On your larger question about the place of AmazonFresh, I will echo Prime Now and some of our other efforts, I would say we believe there will be no one solution, so we are experimenting with a number of formats physical pickup points in Amazon Go to online ordering and delivering to your door through Prime Now and AmazonFresh. And we'll see how customers respond. We like the response that we've seen so far, we think it's a valuable, all those are valuable services, Amazon Go is not out of beta, the other ones are. On top of that, were looking forward to adding the Whole Foods team and their great reputation for quality customer service to this offering."
Shares of Amazon are poised to open down 3% on Friday following much weaker than expected second quarter earnings.
More of What's Trending on TheStreet: