Dutch retail giant Ahold has announced consolidated net sales of €10.2bn (US$12.4bn) for the third quarter to 9 October, an increase of 0.7% compared to the same period last year.
Net sales excluding currency impact increased by 0.3% compared to the third quarter of 2005.
Net sales for Stop & Shop/Giant-Landover rose 2.6% to US$3.7bn. Peapod continued to show strong net sales growth, Ahold said.
Net sales for Giant-Carlisle/Tops slid 2.5% to $1.4bn. Excluding the 198 convenience stores that were divested during the second quarter of 2005, net sales would have been at the same level as last year.
Albert Heijn net sales rose 3.5% to €1.3bn, boosted by identical sales growth of 2.6% driven by the repositioning programme and strong promotional activities.
Net sales at US Foodservice slid 1.2% to US$4.3bn, partly due to the decision to exit certain business. Deflation in food costs also negatively impacted net sales.
