ZAANDAM, Netherlands -- Ahold here reported increased sales and earnings for the first quarter ended April 24.
e sales rose 7.8% to $4.4 billion. Ahold's U.S. sales rose 5.5% to $2.1 billion.
Currency conversions were made at the rate of 1.93 Netherlands guilders to the U.S. dollar.
According to the company, Giant Food Stores, Carlisle, Pa., achieved considerably higher sales, while Bi-Lo, Mauldin, S.C., and Tops Supermarkets, Buffalo, N.Y., achieved sales growth i