BRUSSELS — Delhaize Group here said operating profits and revenues at its U.S. division fell in the fiscal third quarter amid a difficult competitive and economic environment in the Southeast. The parent of the Food Lion, Hannaford Bros. and Sweetbay chains said operating profits were down 6.5% in the quarter, to $243 million, on a 0.8% decline in revenues, to $4.73 billion, compared with year-ago results. Comparable-store sales in the U.S. were down 1.8%. "The economic and competitive ...
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.