Ahold reported a 6.2% increase in net income for its first quarter and cited its U.S. brands (Giant, Martins, Stop & Shop) as strong performers.
In the U.S:
- Identical store sales improved 3.2% (not including fuel);
- Total sales increased 7.4% to $7.6 billion.
Overall, net income for the company improved 6.2% to $425 million on net sales of $13.5 billion, up 5.9% from the previous quarter.