AMSTERDAM — Led by a strong performance by its U.S. banners, Ahold posted a 6.2% increase in net income during the first quarter, the company here said last week.
In the U.S., where the company operates the Stop & Shop, Giant-Landover and Giant Carlisle chains, identical sales improved 3.2% excluding fuel, and total sales increased 7.4% to $7.6 billion in the quarter. The gains came amid “challenging market conditions” including inflation, a stagnant job market and aggressive ...
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