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Ahold Posts U.S. Sales Gains

Ahold said yesterday that comparable-store sales at its three U.S. Banners rose in the first quarter, led by a 4% gain at Giant of Landover, Md., despite a decrease in pharmacy sales, the company said.

AMSTERDAM — Ahold here said yesterday that comparable-store sales at its three U.S. Banners rose in the first quarter, led by a 4% gain at Giant of Landover, Md., despite a decrease in pharmacy sales, the company said.

Stop & Shop posted a gain of 3.6% for the period, which ended April 19, and Giant of Carlisle, Pa., posted comp-store gains of 1.8%. Net sales at Stop & Shop and Giant-Landover combined were up 3.6%, to $5.3 billion. Sales at Giant-Carlisle rose 3.4%, to $1.5 billion.

Ahold said its total sales for the period were about $11.6 billion (U.S.), an increase of 15.2%. The increase was 6.2% at constant exchange rates. The company is scheduled to release first-quarter earnings on May 28.

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