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Delhaize Group Reports Good U.S. Sales Leading Into Ahold Merger

Food Lion

Last updated on June 13th, 2024 at 05:03 pm

Frans Muller, president and CEO of Delhaize Group, reported last week that U.S. sales at Food Lion and Hannaford stores in the second quarter grew by 2.9 percent.

“Delhaize America continued to experience good sales momentum both at Food Lion and at Hannaford, while inflation remained negative,” Muller said.

Delhaize also reported that for the first six month of 2016, operating profit in its U.S. operations increased by 6.9 percent.

Delhaize Group and Royal Ahold completed their intended merger on July 23 with regulatory clearance obtained from the U.S. Federal Trade Commission (FTC). The new combined company, Ahold Delhaize, began trading on the Euronext Amsterdam and Euronext Brussels exchanges on Monday, July 25.

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