AMSTERDAM — Ahold on Thursday said net sales of $5.6 billion in its fiscal fourth quarter increased by 6% from the same period in 2009. The retailer attributed a portion of the increase to $125 million in new sales from acquired Ukrop’s stores.
Identical-store sales increased by 0.9% excluding gasoline, the company added. For the full year, Ahold said net U.S. sales of 23.5 billion increased by 5.1%, with non-gas identical sales up by 0.4%.
“The environment remained challenging and customers continued to focus on value, driving intense promotional activity, particularly in the United States,” Ahold said in a statement.
