Alhold-Delhaize Posts Q1 Financials
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05/15/2021 |
Alhold-Delhaize based in the Netherlands, operates a number of supermarket banners in the U.S. including Food Lion, Giant, Stop & Shop, Hannaford's and Pea Pod.
Following European convention, detailed financial data is not released on a quarterly basis. For the most recent first quarter of 2021, global sales attained US $15.22 billion with an operating income of $690 million and an EPS of $0.44. U.S. sales attained $8.95 million, 3.6 percent more than the corresponding first quarter of 2020 that was impacted by COVID. Operating income was $408 million down 2.8 percent from Q1 FY2020. Global same-store sales growth attained 4.2 percent with 1.7 percent in the U.S.
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Frans Muller CEO |
Globally Alhold Delhaize operates 7,127 stores under 19 banners in ten nations employing 410,000. In the U.S., online sales attained $712 million, an increase of 188 percent over the first quarter of 2020.
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