Ahold Cites Margin Pressure in Q1

AMSTERDAM — Ahold here said Wednesday that its margins were pressured in the first quarter this year due to the timing of the Easter holiday relative to a year ago and ongoing investments in price and promotion to drive sales.

Patrick Roquas, an analyst with Amsterdam-based Rabobank, said the margin performance in the U.S. was “somewhat weaker than expected,” although “so far, the start of Q2 has s

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