ZAANDAM, Netherlands -- Ahold here, struggling to reconcile its books after profit overstatements of more than $1 billion, delayed for a second time the release of its 2002 earnings report. In a conference call with analysts, the company said the delay was due to the complicated nature of its accounting review, not to the discovery of any additional accounting problems. "This process, which is a hard, hard grind, is taking longer than either us or our auditors thought it would," said ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.