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Consolidated net sales for Ahold’s third quarter ending Oct. 4, 2009, were 6.0 billion euros, an increase of 4.3 percent from the year-ago period (2.6 percent at constant exchange rates), according to preliminary results released by the Amsterdam-based retail conglomerate. During the third quarter, the company experienced volume growth in all markets, despite sales that were adversely affected by deflation and consumer trading-down, while beefed-up promotional activity continued, especially at Ahold’s U.S. banners.
At Stop & Shop/Giant-Landover, net sales grew 1.9 percent to $ 4.0 billion, and identical sales rose 0.2 percent at Stop & Shop (0.7 percent excluding gasoline) and 2.3 percent at Giant-Landover (1.5 percent excluding gas). Comparable-store sales went up 0.6 percent at Stop & Shop and 2.7 percent at Giant-Landover.
Giant-Carlisle, meanwhile, saw net sales inch up 0.8 percent to $ 1.1 billion during the quarter, while identical sales fell 1.5 percent (rose 1.0% excluding gas) and comps dipped 0.1 percent.