Delhaize U.S. sales flat in 3Q; comps up, profits dip

Delhaize U.S. sales flat in 3Q; comps up, profits dip

Delhaize Group said Thursday that U.S. sales momentum continued in the third quarter despite negative inflation and a slowdown in profits due to continued store investments.

The Belgium-based retailer said U.S. sales in the quarter totaled $4.5 billion, up by 0.1% from the same period a year ago, and comparable-store sales growth of 1.7%. Sales were negatively impacted by a calendar shift of the July 4 holiday and some store closures at Food Lion. Excluding the effect of a strik

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