DELHAIZE SEES TRENDS IMPROVING AT U.S. STORES

BRUSSELS -- Delhaize Group here has raised its sales and earnings outlook for the year, citing results from its cost-cutting efforts and the success of its aggressive pricing strategy.In a conference call discussing its second-quarter earnings, the company, which generates about 80% of its revenues from its Food Lion, Hannaford Bros. and Kash n' Karry chains in the United States, said U.S. comparable-store

BRUSSELS -- Delhaize Group here has raised its sales and earnings outlook for the year, citing results from its cost-cutting efforts and the success of its aggressive pricing strategy.

In a conference call discussing its second-quarter earnings, the company, which generates about 80% of its revenues from its Food Lion, Hannaford Bros. and Kash n' Karry chains in the United States, said U.S. comparable-store sales would decline by as much as 1% for the year, an improvement over previou

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