Ahold 1Q sales up at U.S. segments

AMSTERDAM, The Netherlands Ahold reported that first quarter net sales at its Stop & Shop / Giant-Landover segment increased 1.3% to $5.1 billion. Net sales included $56 million of sales to Tops. Prior to its disposal, such sales were recorded as inter-company sales.

Identical sales increased 1.2% at Stop & Shop (0.2% excluding gasoline net sales) and decreased 1.5% at Giant-Landover (1.6% excluding gasoline net sales), impacted by lower pharmacy sales. Comparable sales increased 1.6% at Stop & Shop and decreased 1.2% at Giant-Landover.

Over at Ahold's Giant-Carlisle business, net sales rose 9.2% to $1.4 billion. Identical sales increased 5.7% (3.7% excluding gasoline net sales). Comparable sales increased 6.7%.