Company Earnings UpdateAhold 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Store Tracker Extra, January 2025: 50+ Million Square Feet of Retail Space Slated To Close This YearFinancial Confidence Reaches Five-Month High: Weekly US Consumer Sentiment, Week 26, 2025—InfographicFinancial Sentiment Falls to Record Low, Driven by Sharp Declines Across Income Groups: US Consumer Survey InsightsApparel and Footwear Shopping in Focus—Amazon and Walmart Lead; NIKE Ranks as Top Brand: US Consumer Survey Insights
