2019 third quarter Archives - MMR: Mass Market Retailers

Kroger’s net income slips in Q3

December 5, 2019 by MMR 2019 third quarter, Kroger, Restock Kroger Featured Articles, Leading Headlines, Money

CINCINNATI — Both operating and net income tumbled by double digits during the third quarter at Kroger Co., while both sales and adjusted earnings fell short of analysts’ forecasts. As a result, the share price of the nation’s largest supermarket operator fell approximately 2% in early trading after results were announced. Reported net income for

Ahold Delhaize sees sales gain in Q3

November 6, 2019 by MMR 2019 third quarter, Ahold Delhaize, Food Lion, Frans Muller, Hannaford, Stop & Shop Featured Articles, Leading Headlines, Money

ZAANDAM, the Netherlands — Ahold Delhaize reported that online sales gains and a solid performance in U.S. stores helped drive increased sales for the third quarter. “We saw a strong overall performance at our U.S. brands, particularly at Food Lion and Hannaford,” Ahold Delhaize president and chief executive officer Frans Muller said in a statement.