Ahold says Stop & Shop strike will hurt 2019 margins

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Ahold says Stop & Shop strike will hurt 2019 margins
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Dutch supermarket group Ahold, warned on Monday that a strike at its Stop & Shop...

FILE PHOTO: Striking workers gather outside a Stop & Shop store following a speech by former U.S. Vice President Joe Biden, a potential 2020 Democratic presidential candidate, in Boston, Massachusetts, U.S., April 18, 2019. REUTERS/Brian Snyder

Ahold said an 11-day strike that ended on Monday would lead to a one-time reduction in underlying operating profit of around $100 million due to lost sales and inventory.

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