Company Earnings Update 3 minutesRegister for Free AccessAhold Delhaize (ENXTAM: AD) 2Q19 Results: An In-Line Quarter but Operating Income Declines by Double Digits Coresight Research August 8, 2019 Executive Summary Ahold Delhaize reported 2Q19 net sales and underlying operating income in line with expectations. US comparable sales growth ex gasoline slowed to 0.2% from 1.2% in the prior quarter, but was in line with the consensus estimate. Adjusted for an 11-day strike at Stop & Shop and Easter timing, US comp sales ex gasoline were up 2.3%. Management confirmed prior guidance, including that the underlying operating margin for the group will be slightly lower in 2019 than in 2018; and that underlying EPS growth for the year will be in the low single digits. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Retail-Tech Landscape: Loss PreventionRetail 2024: 10 Trends in China Retail2023 US Tax Tracker #3: IRS Issues $199 Billion in Refunds, Average Refund Declines by 9%4Q22 US Earnings Season Wrap-Up: Retailers See Mixed Results as Discretionary Demand Remains Weak