AMSTERDAM — Ahold here said profits improved in its U.S. operations in the second quarter, but the company’s stock fell in the wake of a margin squeeze in Ahold’s Netherlands division. Ahold USA, which includes the Stop & Shop, Giant-Landover and Giant-Carlisle chains, reported underlying operating income of $261 million for the second quarter, up 10.6% over year-ago levels. As previously reported, U.S. sales in the quarter were up 3.4%, to $6 billion, including an ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.