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 CPG Sales Tracker: CPG E-Commerce Growth Eases from Prime Day Peak; General Merchandise Decline Confirms Pull-Forward EffectKering and L’Oréal Announce €4 Billion Strategic Partnership—Multibrand Luxury and Beauty Firms Playing To Their StrengthsUS Back to School 2025, Part 3: Essential Categories and Apparel for the BTS Season—Athleisure and Basics Set to LeadWeekly US Store Openings and Closures Tracker 2025, Week 44: Carter’s To Close 150 Stores
