Delhaize reports strong sales, shares +8.6%

|By:, SA News Editor

Shares of Delhaize (DEG) light up in early trading after the company provided a business update.

The supermarket operator reported operating profit for 2013 of $1.04B to beat the consensus mark of analysts.

Sales in the U.S. rose 2.8% during Q4 to $4.29B.

DEG +8.6% premarket