Ahold Delhaize U.S. comparable sales rise 4.1% in first quarter

Online sales gain after triple-digit growth in year-ago period

 

Russell Redman, Supermarket News

May 11, 2022

 

Global food retailer Ahold Delhaize got off to a solid start in fiscal 2022 with first-quarter net and comparable sales gains atop prior-year growth in the United States, its largest business unit.

 

In the quarter ended April 3, net sales at Ahold Delhaize USA climbed 5.8% to $13.68 billion from $12.93 a year earlier, when the company posted a 3.6% increase, Zaandam, Netherlands-based Ahold Delhaize reported on Wednesday. The retailer said sales benefited from favorable foreign currency translation rates, last year’s acquisition of stores from Southeastern Grocers and higher fuel sales.

 

U.S. comparable sales rose 4.1% overall and were up 3.3% excluding fuel, building on a 1.5% uptick (1.7% excluding gas) in the 2021 quarter. The growth was partially offset by a 0.6% negative impact from weather and calendar shifts, mainly from the timing of Easter, according to Ahold Delhaize...

 

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