date:May 08, 2014
m, where the group cited tough competition, same store sales fell by 0.8 percent, below the 0.6 percent growth expected.
Delhaize shares fell as much as 4.2 percent on Tuesday, but were down a modest 0.5 percent at 0915 GMT. The STOXX European Retail Index was flat.
For the group as a whole, operating profit fell 5.7 percent in the first quarter to 156 million euros ($217.35 million), just below the 159 million expected in a Reuters poll of five analysts.
While not giving a precise outlook fo