Ahold Earnings Beat Estimates on Revamp in U.S., NetherlandsBy
Fourth-quarter operating income rises 39% to $457 million
Profit margin widens to 4.3% from 3.7% on cost reductions
Royal Ahold NV, the Dutch grocery chain that’s merging with Delhaize Group, reported fourth-quarter profit that topped analysts’ estimates as profitability in the U.S. and the Netherlands improved because of cost reductions.
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