Delhaize Comps Down 1.8% in U.S.

Delhaize Group said operating profits and revenues at its U.S. division fell in the fiscal third quarter amid a difficult competitive and economic environment in the Southeast.

BRUSSELS — Delhaize Group here said operating profits and revenues at its U.S. division fell in the fiscal third quarter amid a difficult competitive and economic environment in the Southeast.

The parent of the Food Lion, Hannaford Bros. and Sweetbay chains said operating profits were down 6.5% in the quarter, to $243 million, on a 0.8% decline in revenues, to $4.73 billion, com

Register to view the full article

Already a member? .