Royal Ahold sees nearly 6% rise in Q1 sales
AMSTERDAM — Sales for Dutch supermarket operator Royal Ahold increased 5.9% to $13.3 billion in first quarter 2011, the company said.
This compared with first quarter 2010 sales of $12.6 billion at Ahold, which operates the Giant-Carlisle, Giant-Landover and Stop & Shop chains in the United States, as well as online grocer Peapod. Profits for the quarter were $419.1 million, a 6.2% increase over $394.6 million in 2010.
Sales for Ahold USA were $7.6 billion, a 7.4% increase over first quarter 2010. Same-store sales increased by 5% over last year.