Ahold Delhaize : Beat Q3 2021 estimates; guidance raised — third consecutive time
>Another solid quarterly performance - Ahold Delhaize reported sales of € 18,545m (ABN: € 18,538m; consensus: € 18,020m), underlying EBIT of € 812m (ABN: € 739m; consensus: € 748m), and EPS of € 0.53 (ABN and consensus: € 0.49). EBIT profitability came in at 4.4% (ABN: 4.0%; consensus: 4.2%), with 4.8% in the US (ABN: 4.2%; consensus: 4.5%) and 4.3% in Europe (ABN: 4.1%; consensus: 4.2%). Comparable sales growth was 2.9% in the US (ABN: 0.2%; consensus: 0.1%) and 1e0.2...Koninklijke Ahold Delhaize is an international group of supermarket and foodservice operators based in Europe and the U.S. Co. operates supermarkets and convenience stores. In addition, Co. provides online food retailing services. Co. also finances, develops and manages store sites and shopping centers. Ahold Europe comprises Albert Heijn in the Netherlands and Belgium; Etos, Gall & Gall, and albert.nl in the Netherlands; and Albert / Hypernova in the Czech Republic and Slovakia. Ahold USA is organized into four retail divisions: Giant Carlisle, Giant Landover, Stop & Shop New England, and Stop & Shop New York Metro. The Peapod online business is also part of Ahold USA.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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