AMSTERDAM — Ahold here yesterday said it had sales and market-share gains at all three of its U.S. banners in the third quarter, and retail operating margins improved to help the company beat analysts’ profit expectations. Profits overall for the quarter were down compared with a year ago, reflecting higher taxes and lower income from joint ventures, but operating income was up about 10%, to about $328 million (U.S.), and retail operating income totaled $357 million, or 4.9% of sales, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.