Spare key. Emil amazon topping estimates, showing they can invest in new markets while selling more Products Online and managing expenses. For the first time, amazon is incorporating whole foods into their mix. The grocery chain generated 21 billion. James and our bloomberg tech reporter elizabeth join me to discuss the results. Hats off to jeff bezos. What you are seeing is acceleration. Seven points acceleration in the total business. Even when you strip out whole foods, it is a threepoint acceleration. Everything is growing and growing faster than it was before. There is a lot of scrutiny over what the margins were going to look like, and north america did dip a little bit, but international is holding flat, at the same time, you saw an uptick in the aws market where there was some concern about pricing pressure. All in all, goldstar. Emily lets look at whole foods. They had about a month of sales included. What are we seeing there . We saw about 21 million in operating sales. Inves
Project. Thank you very much. Thank you all. Next item, miss boomer. Mr. Chairman, i dont see any member of the public. I dont either. Item 15, presentation and discussion regarding sfmtas fiscal year 20122013 yearend financial audit. Directors no members of the public have expressed an interest in addressing you on this matter. We also have a member who has to leave at 5 00. It will only take a minute. Sorry, directors. Cfo, were required to come before you every year to present the audit. This is the third year were coming in front of you. I also want to present the partner from kpmg, who is going to present after me, nancy rose. Just quickly we were able to complete the audit by the 1st, the earliest we have ever done it. We have no findings for the third year and so that is a good process. In terms of our revenues, we were 103 million over 1112, the majority in the operating side, as well as significant contributions from our capital projects, mostly the central subway. Our expense
The west target day in San Francisco clapping barking . Go bullseye. Thank you very much. Thank you so much. Thank you so much mayor its such a pleasure to have you here tonight we want to thank you for your vision and leadership. Next clapping next id like to introduce the executive vp of the area Eric Mcdonald has helped his knowledge and understanding of the bay area has helped strengthen our relationship in the community. Ladies and gentlemen, Eric Mcdonald good evening, everyone i say welcome because youre in my neighborhood. So native san franciscan its the neighborhood i grew up in but also, because in this building in this space is where i spend my afternoons my mother worked in the receiving department and i had to come after school. So i want to say thats tlooiflg u thrilling to be here. More importantly its important to see target growing in this city. The community is intrinsic to the value of the organization and it shows up from to that to bottom. We love the team members
And i remember. Not all of them, but most of them. So the confirmation on that in the last meeting. And i will double check those numbers, and shoot you an email. Okay, thank you. Anything more that you would like to add to your executive directors report . No. Any further comments or discussion off the directors report . I have none. No. If not, we will move on to any items that commissioners may have for agendas on future meetings. I dont know that it, if at some point it will make it to, i think the Ethics Commission but i was wondering where they were with the proposed legislation, the chiu herrera legislation, where is the city with that . I know that they were revising it. And i am not sure exactly when they intend to. Okay. And that is correct. It does not have the committee schedule, but it actually has not had it the full examination in a public hearing for public comment, but i think that people want to move it forward fairly soon. Okay, thank you. And at some point, i would
Announcement. Nobody ever believed theres a free lunch but that truck is back there with free food. Come forward a little bit that would be really nice. So well thank you all for coming tonight. In the an incredibly exciting day since my wedding and my wife is here to firm. I want to start by acknowledging johnson and john theyre great to be working with. Were looking forward to work further with them. Of course, the mayor would like if johnson and johnson would most of their haubdz here. There are 3 people who have made in work my colleagues doug and brian. Those two have made this happen to a round of applause for them clapping. but the third person whos been behind the screen pulling the strings that made this work on time we signed the leased in december of last year thats actually, the mayor of San Francisco mayor ed lee. Its a delight to have him here and say a few words. Mayor clapping. well rich thank you very much. I know you cant think of a better way to celebrate 10 years of