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In this section of the Food Lion News Room, you'll find our our latest press releases. The releases are listed in chronological order, and are also sortable by category. Please don't hesitate to contact our Media Relations Team with any questions.
Delhaize America, Inc. (NYSE: DZA)(NYSE: DZB) and Delhaize Group
(Euronext: DELB) have filed with the Securities and Exchange Commission
a post-effective amendment to their registration statement in connection
with the proposed share exchange between the companies. Delhaize America
shareholders will vote on the share exchange proposal at the special
meeting of shareholders on April 25, 2001.
Delhaize America, Inc. (NYSE: DZA)(NYSE: DZB) today announced that a
Special Shareholders' Meeting will be held on Wednesday, April 25, 2001,
to consider and vote upon the agreement for a statutory share exchange
with Delhaize "Le Lion" ("Delhaize Group" - Euronext Brussels: DELB).
Delhaize "Le Lion" ("Delhaize Group" - Euronext Brussels: DELB)
announced today that its Board of Directors will propose to Delhaize
Group shareholders the election on May 23, 2001 of three independent
members of the Board for a period of three years. The Board of Directors
of Delhaize Group, with the approval of the special committee of
independent board members of Delhaize America formed in connection with
the proposed share exchange between
Delhaize Group (Euronext Brussels: DELB) is scheduled to hold an
Investors' Meeting in Brussels on Thursday, March 15, 2001, at 9:00 a.m.
EST. Management will be discussing the financial results for the year
and fourth quarter ended December 31, 2000, which will be released at
8:00 a.m. EST on Thursday, March 15, 2001.
The Board of Directors of Delhaize America, Inc. (NYSE: DZA)(NYSE: DZB)
has declared as of February 13, 2001, a quarterly cash dividend of
$0.1587 per share on the outstanding Class A common shares and $0.1569
per share on the outstanding Class B common shares of the Corporation.
The dividend will be payable on March 13, 2001 to shareholders of record
as of February 27, 2001.
Delhaize America, Inc. (NYSE: DZA)(NYSE: DZB) reported today the Company
earned $56.9 million in the sixteen weeks ended December 30, 2000,
before merger costs or $0.31 per basic share outstanding. The Company
posted annual earnings of $224.5 million before merger costs and
one-time adjustments or $1.35 per basic share for fiscal 2000.
Delhaize America, Inc. (NYSE: DZA)(NYSE: DZB) is scheduled to conduct an
analyst conference call at 10:00 am (EST) on Wednesday, February 14,
2001. Management will be discussing the financial results for fourth
quarter and year ended December 30, 2000, which will be released after
the market's close on Tuesday, February 13, 2001.
Delhaize America, Inc. (NYSE: DZA)(NYSE: DZB) announced today unaudited
fourth quarter 2000 sales of $4.5 billion, an increase of 32.5 percent
from fourth quarter 1999 sales of $3.4 billion. For fiscal 2000, sales
were $12.7 billion, up 16.3 percent from the previous year. Comparable
store sales rose 2.1 percent for the quarter and 0.8 percent for the
Sales for the fourth quarter and year are as follows:
Hannaford Bros. Co. Executive Vice President and Chief Operating Officer
Ronald C. Hodge announced today that the company has signed an agreement
with C&S Wholesale Grocers, Inc. of Brattleboro, VT to acquire five
Grand Union stores. Grand Union filed for protection under the U.S.
Bankruptcy Code on October 3.
Delhaize "Le Lion" ("Delhaize Group" - Brussels Stock Exchange: Reuters
DELBt.Br - Bloomberg DEHT BB) and Delhaize America, Inc. (NYSE:
DZA)(NYSE: DZB) today announced an agreement for a statutory share
exchange pursuant to which Delhaize Group will exchange each outstanding
Class A and B share of Delhaize America not currently held directly or
indirectly by Delhaize Group for 0.4 shares of Delhaize Group.