Company Earnings Update 4 minutesRegister for Free AccessAhold (AH) Beats Expectations Coresight Research January 22, 2016 Executive Summary Ahold reported healthy net sales growth of 4.3% in the fourth quarter (excluding fuel, at constant rates adjusted for an extra week) and growth of 3.8% for the fiscal year through December 31, 2015, beating expectations. Reported fourth-quarter revenue growth of 21.4% was boosted by an extra trading week in the quarter and by favorable currency effects. Healthy sales growth in the Netherlands, the US and the online channel, contributed positively to the group’s results. Ahold will expand its US market share through a merger with Delhaize Group, a Belgian food retailer with international operations, in 2016. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Fashion Footprint: Real Estate Expansion and Store Downsizing in the US Apparel Retail MarketOracle Retail Cross Talk 2023: Retail Platform Is Extended Further, Gets Wheels from Uber IntegrationChatGPT and Generative AI: Five Things Retailers Should Know—UpdateConsumer Demand Sees a Slower Recovery: China Consumer Tracker
