/ Source: The Associated Press
Royal Ahold NV, the Dutch operator of U.S. grocery chains Stop & Shop and Giant, reported Monday a modest 4.3 percent rise in third-quarter sales, with falling prices and customer preference for cheaper shops limiting growth.
Net sales were euro6.04 billion ($9.03 billion), up from euro5.79 billion in the same period a year earlier.
Ahold will report full third quarter earnings on Nov. 18.
The company said its U.S. store sales were up 1.8 percent in dollar terms to $5.08 billion, while its European sales were up 3.1 percent to euro2.50 billion.
