Ahold reports sluggish 3Q U.S. sales

Ahold reports sluggish 3Q U.S. sales

Ahold on Wednesday reported flattish U.S. sales in the third quarter, tempered by plummeting gas prices and slow inflation.

Quarterly sales of $5.8 billion were down by 1.4% at constant exchange rates due to gas deflation. Excluding gasoline, net sales improved by 0.8% and identical-store sales were up by 0.4%.

When adjusted for the effects of last year’s turmoil at Market Basket, ex-fuel comps increased by 1

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