U.S. strike cost $200 million in lost sales, says Ahold CEOChristian Fernsby ▼ |
America Ahold CEO Frans Muller
An 11-day strike at Ahold’s U.S. Stop and Stop supermarket chain cost the company “just over” $200 million in lost sales, the company’s CEO said.
On a call with analysts, Frans Muller also said that the strike, which Ahold earlier on Tuesday warned would hurt the company’s 2019 margins, would not impact its cost savings targets for the year. ■
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