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In U.S., Ahold 4Q sales down 2.1%
ZAANDAM, The Netherlands — Ahold on Thursday announced consolidated net sales of €7.5 billion (U.S. $10.2 billion) for fourth quarter 2013, a decrease of 1.1% at constant exchange rates compared to fourth quarter 2012.
For the full year 2013, consolidated net sales were $44.3 billion, an increase of 2% at constant exchange rates compared to 2012.
In the United States sales in the fourth quarter were down 2.1%, reflecting a contracting food market and the sales effect of Hurricane Sandy last year, the international grocer stated.