Bloomberg News

Royal Ahold Reports Third-Quart Net Income of 257 Million Euros

November 17, 2011

Nov. 17 (Bloomberg) -- Royal Ahold NV, the Dutch owner Stop & Shop supermarkets in the U.S., had third-quarter net income of 257 million euros. The average estimate of eight analysts surveyed by Bloomberg News was for profit of 209 million euros.

“Customers remain cautious in their spending and focus on value in an inflationary environment,” the company said today. “We continue to adapt to the challenging market conditions, balancing sales and margins.”

To contact the editor responsible for this story: Martijn van der Starre at vanderstarre@bloomberg.net


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