U.S. sales, margins down for Ahold in Q2

Ahold on Thursday said it U.S. sales, operating income and margins decreased during the fiscal second quarter, reflecting a decision to absorb some of its commodity price increases while making price investments as part of its ongoing Reshaping Retail program.

A calendar shift moving Easter sales to the first quarter this year also negatively impacted sales, which declined by 1.7% at constant exchange rates to $5.8 billi

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