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Alhold-Delhaize Posts Q1 Financials

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.


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.