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Ahold Posts Q3 Sales Gains

Ahold here said sales at its Stop & Shop and Giant of Landover division were up 1.9% in the third quarter, to $4 billion, as comparable-store sales rose 0.6% at Stop & Shop and 2.7% at Giant-Landover.

AMSTERDAMAhold here said sales at its Stop & Shop and Giant of Landover division were up 1.9% in the third quarter, to $4 billion, as comparable-store sales rose 0.6% at Stop & Shop and 2.7% at Giant-Landover.

Identical-store sales rose 0.2% and 2.3% at the two chains, respectively (0.7% and 1.5% excluding gasoline).

At Giant of Carlisle, sales were up 0.8%, to $1.1 billion. IDs fell 1.5% (a 1% gain excluding gasoline), and comps were down 0.1%.

Total company sales grew 4.3%, to about $9 billion U.S. (up 2.6% at constant exchange rates.)

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