Delhaize to continue Food Lion investments following strong Q4

Delhaize to continue Food Lion investments following strong Q4

Delhaize Group on Thursday said sales and underlying profits in the U.S. increased in the fiscal fourth quarter, citing effects of comparable-store sales growth, a favorable sales mix and better sales leverage.

Sales for the quarter totaled $4.7 billion, a 12.1% increase. Excluding the effect of a 53rd week in the 2014 year, sales improved by 3.8% and comparable-store sales totaled 3.6%, supported by retai

Register to view the full article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish