Content about Tom Szkutak

April 26, 2013

Amazon on Thursday reported a net sales increase of 22% to $16.1 billion for its first quarter ended March 31.

SEATTLE — Amazon on Thursday reported a net sales increase of 22% to $16.1 billion for its first quarter ended March 31. Of that, $9.4 billion was sourced from the North American market. North American sales of electronics, health and beauty products, among other merchandise, reached $6.1 billion for the quarter, up 28.4%. 

During a conference call with analysts, Amazon CEO Tom Szkutak declined to confirm rumors that Amazon is investing in additional refrigeration equipment across its fulfillment center footprint with plans to expand AmazonFresh.