date:May 10, 2013
Dollar Food's significantly improved results.
In Belgium, underlying operating margin was 5.1%, higher than 4.6% a year ago.
In contrast, operating margin in Southeastern Europe decreased to 1.4% from 2% in the prior year, mostly driven by price investments.
Comparable store sales growth was 1.9% in the US, while in Belgium comparable store sales growth was 2.4%.
In Southeastern Europe, revenues grew 6.8% at identical exchange rates due to store openings, while consumer spending is under pr