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Tough Belgian market weighs on Delhaize profits
date:May 08, 2014
Belgian supermarket operator Delhaize posted a first-quarter core profit slightly below expectations as accelerating sales growth in the United States was undermined by a slowdown in its Belgian operations.

Delhaize, which makes about 60 percent of its revenues in the United States where it operates the Food Lion and Hannaford supermarkets, said sales at U.S. stores open for at least a year increased by 4.6 percent. This was far better than the 3.3 percent expected in a Reuters poll.

In Belgiu

12/24 19:43