Online sales help supermarket operator Ahold beats expectations

Supermarket operator Ahold raises 2021 outlook
Supermarket operator Ahold raises 2021 outlook   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<p><body> <p><span class="caps">AMSTERDAM</span> (Reuters) – Ahold Delhaize, a major operator of supermarket chains in the United States and Europe, on Wednesday reported better than expected first-quarter sales on the back of a strong performance online. </p> <p>Net sales rose 5.8% at constant exchange rates to 18.3 billion euros ($22.2 billion), with online sales surging by 103%. A company compiled consensus forecast has predicted group sales of 17.4 billion euros.</p> <p>Ahold said it was increasing its 2021 online sales outlook based on the performance.</p> <p>($1 = 0.8247 euros)</p> <p/> <p> (Reporting by Anthony Deutsch; Editing by David Goodman)</p> </body></p>