<h2>关键点</h2>
<ul>
<li>GXO Logistics 在其第一季度财报中超出了收入和利润的预期。</li>
<li>首席执行官 Patrick Kelleher 不认为亚马逊构成威胁。</li>
<li>公司在关键战略领域取得了强劲的业绩。</li>
<li>我们更看好的 10 只股票 ›</li>
</ul>
<p><strong>亚马逊</strong>（NASDAQ: AMZN）在周一宣布其新的供应链服务业务时，引发了供应链行业的恐慌。</p>
<p>实际上，该公司首次向外部公司开放其支撑电子商务业务的物流基础设施，启动合作伙伴包括 <strong>宝洁</strong> 和 <strong>美国鹰装</strong>。</p>
<p><em><strong>人工智能会创造世界上第一个万亿富翁吗？</strong> 我们的团队刚刚发布了一份关于一家名为 “不可或缺的垄断” 的鲜为人知的公司的报告，该公司提供英伟达和英特尔都需要的关键技术。<strong>继续 »</strong></em></p>
<p>在周一的公告后，物流股票大幅下跌，其中受影响最严重的公司之一是 <strong>GXO Logistics</strong>（NYSE: GXO），它是全球最大的纯合同物流公司。GXO 股票因消息下跌了 18%，这表明投资者认为亚马逊对该公司构成了重大威胁。</p>
<p>该公司在周三发布了第一季度财报，为管理层提供了反驳这一叙述的机会。GXO 首席执行官 Patrick Kelleher 在接受《傻瓜 Motley Fool》采访时谈到了亚马逊进入市场及公司的业绩。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2ODk3Ny9neG8td2FyZWhvdXNlLnBuZwI2dz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2ODk3Ny9neG8td2FyZWhvdXNlLnBuZwI2dz03MDA"/></p>
<p>图片来源：GXO Logistics。</p>
<h2>亚马逊进入物流市场对 GXO 的意义</h2>
<p>虽然 GXO 的投资者显然对亚马逊进入该行业感到恐慌，但 Kelleher 并不这样认为。事实上，他对这一威胁表示不屑，基本上称亚马逊对 GXO 来说是一个无关紧要的因素。</p>
<p>Kelleher 解释说，GXO 为客户运营高度定制的仓库，提供包括自动化和先进技术（如人工智能）在内的 “量身定制解决方案”。而亚马逊则邀请外部客户使用其现有的基础设施来满足他们的物流需求，这与 GXO 所提供的价值主张截然不同。</p>
<p>关于周一的股票抛售，Kelleher 认为这是投资者的本能反应，这种情况在亚马逊进入新市场时我们曾见过，以及对 GXO 业务的误解，GXO 专注于专业解决方案。Kelleher 承认，亚马逊可能会对航空货运产生影响，因为航空运输的运力有限，增加新的航空运力可能会降低价格。然而，他表示，合同物流行业并没有面临有限运力的问题，而是满足客户需求，而 GXO 在这方面具备良好的能力。</p>
<p>最后，他还指出，合同物流行业足够大，市场规模达到 5000 亿美元，市场上有足够的空间容纳新进入者。换句话说，亚马逊（或其他公司的）进入不会造成干扰。</p>
<h2>我们从 GXO 的第一季度学到了什么</h2>
<p>在新任首席执行官 Kelleher 的领导下，GXO 专注于有机增长，回归到早期通过并购增长的策略，并在航空航天与国防和生命科学等关键领域执行。Kelleher 还认为北美有显著的有机增长机会。</p>
<p>在第一季度，GXO 的收入达到了 33 亿美元，同比增长 10.8%，有机增长率为 4.1%，超出预期的 32.2 亿美元。公司收购 Wincanton 解释了有机增长率与名义增长率之间的差异。</p>
<p>在利润方面，其调整后的每股收益从 0.29 美元上升至 0.50 美元，并在航空航天与国防、技术和生命科学等关键领域取得了强劲的业绩。在其战略领域，新业务的管道增长了 35%，Kelleher 将此归因于通过顾问委员会引入专家，并将合适的人选到位，包括任命首席财务官 Mark Suchinski 来完成他的管理团队。</p>
<p>展望今年剩余时间，GXO 适度上调了调整后的息税折旧摊销前利润（EBITDA）和每股收益的全年指引。现在预计调整后的 EBITDA 为 9.35 亿至 9.75 亿美元，高于之前的 9.3 亿至 9.7 亿美元的范围，调整后的每股收益为 2.90 至 3.20 美元，而之前的范围为 2.85 至 3.15 美元。</p>
<p>它继续预计今年的有机增长为 4%-5%。</p>
<h2>GXO 值得购买吗？</h2>
<p>Kelleher 认为公司可以实现显著快于当前增长率的增长，指出行业的复合年增长率（CAGR）预计将增长 6%-8%，他相信 GXO 可以超越这一水平。</p>
<p>这家物流公司在其优先领域似乎显示出早期成果，指引的上调也是一个好兆头。公司计划在第三季度举办投资者日会议，以概述未来三年的增长目标。</p>
<p>尽管近年来股票表现令人失望，但根据 Kelleher 的解释，亚马逊的抛售似乎提供了一个买入机会。如果他能够加速公司的增长，股票将会有积极反应。</p>
<h2>你现在应该购买 GXO Logistics 的股票吗？</h2>
<p>在你购买 GXO Logistics 的股票之前，请考虑以下几点：</p>
<p><em>Motley Fool Stock Advisor</em> 分析师团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong> 供投资者现在购买……而 GXO Logistics 并不在其中。入选的 10 只股票在未来几年可能会产生巨额回报。</p>
<p>考虑一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日进入这个名单时……如果你在我们推荐时投资了 1000 美元，<strong>你将拥有 473,985 美元</strong>！* 或者当 <strong>Nvidia</strong> 在 2005 年 4 月 15 日进入这个名单时……如果你在我们推荐时投资了 1000 美元，<strong>你将拥有 1,204,650 美元</strong>！*</p>
<p>现在值得注意的是，<em>Stock Advisor</em> 的总平均回报率为 950%——相比之下，标准普尔 500 指数的回报率为 203%，表现出色。<strong>不要错过最新的前 10 名股票列表，使用 <em>Stock Advisor</em>，加入由个人投资者为个人投资者建立的投资社区。</strong></p>
<p><strong>查看这 10 只股票 »</strong></p>
<p><em>*Stock Advisor 的回报截至 2026 年 5 月 6 日。</em></p>
<p><em>Jeremy Bowman 持有亚马逊和 GXO Logistics 的股份。The Motley Fool 持有并推荐亚马逊。The Motley Fool 推荐 GXO Logistics。The Motley Fool 有披露政策。</em></p>
<p>此处表达的观点和意见仅代表作者的观点和意见，并不一定反映 Nasdaq, Inc. 的观点。</p>

SUPL

AMZZ

AMZW

亚马逊每日 2 倍做多 ETF - Direxion

<p>GXO Logistics 报告了强劲的第一季度业绩，收入达到 33 亿美元，超出预期，调整后的每股收益从 0.29 美元增加至 0.50 美元。尽管在亚马逊进入物流领域后股价大幅下跌，首席执行官 Patrick Kelleher 对此威胁表示不以为然，强调了 GXO 的专业解决方案。他指出，合同物流市场的规模允许新进入者而不会造成干扰。GXO 上调了全年调整后 EBITDA 和每股收益的指引，预计有机增长为 4%-5%。Kelleher 认为，近期股价的下跌提供了一个买入机会，因为公司旨在实现更快的增长</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>关键点</h2>
</div><ul>
<li>GXO Logistics beat estimates on the top and bottom lines in its first-quarter earnings report.</li>
<li>CEO Patrick Kelleher doesn't see Amazon as a threat.</li>
<li>The company is delivering strong results in key strategic verticals.</li>
<li>10 stocks we like better than GXO Logistics ›</li>
</ul>
<div class="lb-trans"><ul>
<li>GXO Logistics 在其第一季度财报中超出了收入和利润的预期。</li>
<li>首席执行官 Patrick Kelleher 不认为亚马逊构成威胁。</li>
<li>公司在关键战略领域取得了强劲的业绩。</li>
<li>我们更看好的 10 只股票 ›</li>
</ul>
</div><p><strong>Amazon</strong>(NASDAQ: AMZN) set off a panic in the supply chain industry on Monday when it announced its new supply chain services business.</p>
<div class="lb-trans"><p><strong>亚马逊</strong>（NASDAQ: AMZN）在周一宣布其新的供应链服务业务时，引发了供应链行业的恐慌。</p>
</div><p>Essentially, the company is opening up its logistics infrastructure, which powers its e-commerce business, to outside companies for the first time, with launch partners including <strong>Procter &amp; Gamble</strong> and <strong>American Eagle Outfitters</strong>.</p>
<div class="lb-trans"><p>实际上，该公司首次向外部公司开放其支撑电子商务业务的物流基础设施，启动合作伙伴包括 <strong>宝洁</strong> 和 <strong>美国鹰装</strong>。</p>
</div><p><em><strong>Will AI create the world's first trillionaire?</strong> Our team just released a report on the one little-known company, called an &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. <strong>Continue »</strong></em></p>
<div class="lb-trans"><p><em><strong>人工智能会创造世界上第一个万亿富翁吗？</strong> 我们的团队刚刚发布了一份关于一家名为 “不可或缺的垄断” 的鲜为人知的公司的报告，该公司提供英伟达和英特尔都需要的关键技术。<strong>继续 »</strong></em></p>
</div><p>Logistics stocks plunged on the announcement on Monday, and one of the hardest-hit companies was <strong>GXO Logistics</strong>(NYSE: GXO), which is the world's largest pure-play contract logistics company. GXO stock fell 18% on the news, a sign that investors believe Amazon represents a significant threat to the company.</p>
<div class="lb-trans"><p>在周一的公告后，物流股票大幅下跌，其中受影响最严重的公司之一是 <strong>GXO Logistics</strong>（NYSE: GXO），它是全球最大的纯合同物流公司。GXO 股票因消息下跌了 18%，这表明投资者认为亚马逊对该公司构成了重大威胁。</p>
</div><p>The company reported first-quarter earnings on Wednesday, giving management an opportunity to push back on that narrative. GXO CEO Patrick Kelleher spoke to The Motley Fool about Amazon's entry into the market and the company's results.</p>
<div class="lb-trans"><p>该公司在周三发布了第一季度财报，为管理层提供了反驳这一叙述的机会。GXO 首席执行官 Patrick Kelleher 在接受《傻瓜 Motley Fool》采访时谈到了亚马逊进入市场及公司的业绩。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2ODk3Ny9neG8td2FyZWhvdXNlLnBuZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F868977%2Fgxo-warehouse.png&amp;w=700"/></p>
<p>Image source: GXO Logistics.</p>
<div class="lb-trans"><p>图片来源：GXO Logistics。</p>
</div><h2>What Amazon's entry into logistics means for GXO</h2>
<div class="lb-trans"><h2>亚马逊进入物流市场对 GXO 的意义</h2>
</div><p>While GXO investors are clearly spooked by Amazon's entry into the industry, Kelleher doesn't see it that way. In fact, he dismissed the threat, essentially calling Amazon a non-factor for GXO.</p>
<div class="lb-trans"><p>虽然 GXO 的投资者显然对亚马逊进入该行业感到恐慌，但 Kelleher 并不这样认为。事实上，他对这一威胁表示不屑，基本上称亚马逊对 GXO 来说是一个无关紧要的因素。</p>
</div><p>Kelleher explained that GXO operates highly customized warehouses for its customers, providing &#34;bespoke solutions&#34; that include automation and advanced technologies, like AI. Amazon, on the other hand, is inviting outside customers to use its pre-existing infrastructure for their logistics needs, which is meeting a much different value proposition than GXO is.</p>
<div class="lb-trans"><p>Kelleher 解释说，GXO 为客户运营高度定制的仓库，提供包括自动化和先进技术（如人工智能）在内的 “量身定制解决方案”。而亚马逊则邀请外部客户使用其现有的基础设施来满足他们的物流需求，这与 GXO 所提供的价值主张截然不同。</p>
</div><p>Regarding the stock sell-off on Monday, Kelleher saw that as a combination of a knee-jerk reaction from investors, which we have seen before when Amazon enters a new market, and a misunderstanding of GXO's business, which is focused on specialized solutions. Kelleher acknowledged that Amazon could have an impact on air freight transportation, which is capacity-constrained, as adding new air capacity could lower prices. However, he said the contract logistics industry wasn't facing a problem of finite capacity, but meeting customer needs, which GXO is well-equipped to do.</p>
<div class="lb-trans"><p>关于周一的股票抛售，Kelleher 认为这是投资者的本能反应，这种情况在亚马逊进入新市场时我们曾见过，以及对 GXO 业务的误解，GXO 专注于专业解决方案。Kelleher 承认，亚马逊可能会对航空货运产生影响，因为航空运输的运力有限，增加新的航空运力可能会降低价格。然而，他表示，合同物流行业并没有面临有限运力的问题，而是满足客户需求，而 GXO 在这方面具备良好的能力。</p>
</div><p>Finally, he also noted that the contract logistics industry is large enough, with a market size of $500 billion, that there is plenty of room in the market for a new entrant. In other words, Amazon's (or another company's) entry isn't going to cause a disruption.</p>
<div class="lb-trans"><p>最后，他还指出，合同物流行业足够大，市场规模达到 5000 亿美元，市场上有足够的空间容纳新进入者。换句话说，亚马逊（或其他公司的）进入不会造成干扰。</p>
</div><h2>What we learned from GXO's first quarter</h2>
<div class="lb-trans"><h2>我们从 GXO 的第一季度学到了什么</h2>
</div><p>Under new CEO Kelleher, GXO has been focused on organic growth, stepping back from its earlier strategy of growing through M&amp;A, and executing in key verticals like aerospace and defense, and life sciences. Kelleher also sees a significant opportunity for organic growth in North America.</p>
<div class="lb-trans"><p>在新任首席执行官 Kelleher 的领导下，GXO 专注于有机增长，回归到早期通过并购增长的策略，并在航空航天与国防和生命科学等关键领域执行。Kelleher 还认为北美有显著的有机增长机会。</p>
</div><p>In the first quarter, GXO's revenue reached $3.3 billion, up 10.8% or 4.1% on an organic basis, edging out expectations at $3.22 billion. The company's acquisition of Wincanton explains the difference between the organic and nominal growth rates.</p>
<div class="lb-trans"><p>在第一季度，GXO 的收入达到了 33 亿美元，同比增长 10.8%，有机增长率为 4.1%，超出预期的 32.2 亿美元。公司收购 Wincanton 解释了有机增长率与名义增长率之间的差异。</p>
</div><p>On the bottom line, its adjusted earnings per share rose from $0.29 to $0.50, and it delivered strong results in key verticals like aerospace and defense, technology, and life sciences. In its strategic verticals, the pipeline for new business grew 35%, which Kelleher attributed to bringing on experts through an advisory board and getting the right people in place, including completing his management team with the naming of CFO Mark Suchinski.</p>
<div class="lb-trans"><p>在利润方面，其调整后的每股收益从 0.29 美元上升至 0.50 美元，并在航空航天与国防、技术和生命科学等关键领域取得了强劲的业绩。在其战略领域，新业务的管道增长了 35%，Kelleher 将此归因于通过顾问委员会引入专家，并将合适的人选到位，包括任命首席财务官 Mark Suchinski 来完成他的管理团队。</p>
</div><p>Looking ahead to the rest of the year, GXO modestly hiked its full-year guidance for adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) and earnings per share. It now sees adjusted EBITDA of $935 million-$975 million, up from a previous range of $930 million-$970 million, and adjusted EPS of $2.90-$3.20, compared to a previous range of $2.85-$3.15.</p>
<div class="lb-trans"><p>展望今年剩余时间，GXO 适度上调了调整后的息税折旧摊销前利润（EBITDA）和每股收益的全年指引。现在预计调整后的 EBITDA 为 9.35 亿至 9.75 亿美元，高于之前的 9.3 亿至 9.7 亿美元的范围，调整后的每股收益为 2.90 至 3.20 美元，而之前的范围为 2.85 至 3.15 美元。</p>
</div><p>It continues to expect organic growth of 4%-5% for the year.</p>
<div class="lb-trans"><p>它继续预计今年的有机增长为 4%-5%。</p>
</div><h2>Is GXO a buy?</h2>
<div class="lb-trans"><h2>GXO 值得购买吗？</h2>
</div><p>Kelleher believes the company can grow significantly faster than its current growth rate, noting that the industry compound annual growth rate (CAGR) is forecast to grow at 6%-8%, and he believes GXO can beat that.</p>
<div class="lb-trans"><p>Kelleher 认为公司可以实现显著快于当前增长率的增长，指出行业的复合年增长率（CAGR）预计将增长 6%-8%，他相信 GXO 可以超越这一水平。</p>
</div><p>The logistics company appears to be showing early results in its priority verticals, and the guidance hike is a good sign as well. The company is planning to host an Investor Day conference in the third quarter to outline its growth targets over the next three years.</p>
<div class="lb-trans"><p>这家物流公司在其优先领域似乎显示出早期成果，指引的上调也是一个好兆头。公司计划在第三季度举办投资者日会议，以概述未来三年的增长目标。</p>
</div><p>While the stock has been disappointing in recent years, the Amazon sell-off appears to offer a buying opportunity, according to Kelleher's explanation. If he can accelerate the company's growth as he intends to, the stock will respond favorably.</p>
<div class="lb-trans"><p>尽管近年来股票表现令人失望，但根据 Kelleher 的解释，亚马逊的抛售似乎提供了一个买入机会。如果他能够加速公司的增长，股票将会有积极反应。</p>
</div><h2>Should you buy stock in GXO Logistics right now?</h2>
<div class="lb-trans"><h2>你现在应该购买 GXO Logistics 的股票吗？</h2>
</div><p>Before you buy stock in GXO Logistics, consider this:</p>
<div class="lb-trans"><p>在你购买 GXO Logistics 的股票之前，请考虑以下几点：</p>
</div><p>The <em>Motley Fool Stock Advisor</em> analyst team just identified what they believe are the <strong>10 best stocks</strong> for investors to buy now… and GXO Logistics wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.</p>
<div class="lb-trans"><p><em>Motley Fool Stock Advisor</em> 分析师团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong> 供投资者现在购买……而 GXO Logistics 并不在其中。入选的 10 只股票在未来几年可能会产生巨额回报。</p>
</div><p>Consider when <strong>Netflix</strong> made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, <strong>you’d have $473,985</strong>!* Or when <strong>Nvidia</strong> made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, <strong>you’d have $1,204,650</strong>!*</p>
<div class="lb-trans"><p>考虑一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日进入这个名单时……如果你在我们推荐时投资了 1000 美元，<strong>你将拥有 473,985 美元</strong>！* 或者当 <strong>Nvidia</strong> 在 2005 年 4 月 15 日进入这个名单时……如果你在我们推荐时投资了 1000 美元，<strong>你将拥有 1,204,650 美元</strong>！*</p>
</div><p>Now, it’s worth noting <em>Stock Advisor’s</em> total average return is 950% — a market-crushing outperformance compared to 203% for the S&amp;P 500. <strong>Don't miss the latest top 10 list, available with <em>Stock Advisor</em>, and join an investing community built by individual investors for individual investors.</strong></p>
<div class="lb-trans"><p>现在值得注意的是，<em>Stock Advisor</em> 的总平均回报率为 950%——相比之下，标准普尔 500 指数的回报率为 203%，表现出色。<strong>不要错过最新的前 10 名股票列表，使用 <em>Stock Advisor</em>，加入由个人投资者为个人投资者建立的投资社区。</strong></p>
</div><p><strong>See the 10 stocks »</strong></p>
<div class="lb-trans"><p><strong>查看这 10 只股票 »</strong></p>
</div><p><em>*Stock Advisor returns as of May 6, 2026.</em></p>
<div class="lb-trans"><p><em>*Stock Advisor 的回报截至 2026 年 5 月 6 日。</em></p>
</div><p><em>Jeremy Bowman has positions in Amazon and GXO Logistics. The Motley Fool has positions in and recommends Amazon. The Motley Fool recommends GXO Logistics. The Motley Fool has a disclosure policy.</em></p>
<div class="lb-trans"><p><em>Jeremy Bowman 持有亚马逊和 GXO Logistics 的股份。The Motley Fool 持有并推荐亚马逊。The Motley Fool 推荐 GXO Logistics。The Motley Fool 有披露政策。</em></p>
</div><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
<div class="lb-trans"><p>此处表达的观点和意见仅代表作者的观点和意见，并不一定反映 Nasdaq, Inc. 的观点。</p>
</div>

Did Amazon Just Give This Logisitcs Stock a No-Brainer Buying Opportunity?

nasdaq

GXO Logistics

Proshares Supply Chain Logistics ETF

GraniteShares 2x Long AMZN Daily ETF

Roundhill AMZN WeeklyPay ETF

亚马逊

宝洁

美鹰服饰

Wincanton plc

亚马逊是否刚刚为这只物流股票提供了一个无需思考的买入机会？