Charges Nick Q1 Profits at Ahold

The continuing recovery at Stop & Shop and Giant-Landover highlighted a strong first quarter performance at Ahold, although a charge for lease guarantees at former chains Bi-Lo and Bruno’s sank net earnings, the retailer said Thursday.

AMSTERDAM — The continuing recovery at Stop & Shop and Giant-Landover highlighted a strong first quarter performance at Ahold, although a charge for lease guarantees at former chains Bi-Lo and Bruno’s sank net earnings, the retailer here said Thursday.

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