ZAANDAM, The Netherlands — Ahold Delhaize reported solid results for its fourth quarter and 2023 fiscal year, with full-year sales and earnings per share in line with expectations. Fourth quarter net sales were €23.0 billion ($24.65 billion), up 1.9% at constant exchange rates and down 1.4% at actual exchange rates. Comparable sales, excluding gas, increased
ZAANDAM, the Netherlands — Ahold Delhaize chief legal officer and chief sustainability officer Jan Ernst de Groot plans to retire from those posts effective May 31, the company said. Following Ernst’s decision, the company has decided to create a dedicated role for Sustainability in the Executive Committee. Linn Evans, currently Chief Legal Officer and General
ZAANDAM, the Netherlands — Ahold Delhaize reported better-than-expected first-quarter sales, driven by strong performances by its U.S. businesses. The company’s U.S. operations, which include the Food Lion, Stop & Shop, Hannaford Bros., the GIANT Co. and Giant Food chains, posted net sales of €13.5 billion ($14.8 billion) for the quarter, an increase of 5.7% at
ZAANDAM, the Netherlands — Ahold Delhaize’s net sales increased 9.1% at constant exchange rates to €22.4 billion ($22.42 billion). At actual exchange rates, net sales grew 20.8%, the company said on Wednesday. Comparable store sales (including gasoline) grew faster in the third quarter than they had in the second, growing 8.2% in the U.S. and
ZAANDAM, the Netherlands — Ahold Delhaize reported strong fourth-quarter results that beat expectations, helped by increased online sales boosted by the pandemic. A report by Reuters noted that the company’s net sales in the final quarter of 2021 totaled 20.1 billion euros ($22.8 billion), beating a forecast of 19.8 billion euros in a company-compiled poll
ZAANDAM, the Netherlands — Ahold Delhaize is kicking off a new growth and investment plan designed to support its vision of offering the “leading local food shopping experience for customers,” while also enhancing its digital and supply chain capabilities, and increasing its focus on health and sustainability. The new plan, unveiled as part of the
ZAANDAM, the Netherlands – Ahold Delhaize said Friday that it is committing to reach net zero carbon emissions across its operations by no later than 2040, which is 10 years ahead of its previous schedule. The retailer also aims to become a net zero business across its entire supply chain by no later than 2050.
ZAANDAM, the Netherlands — Ahold Delhaize has appointed Dave Bass to be managing director of its FreshDirect unit, effective September 20. He succeeds Farhan Siddiqi, chief digital officer of Ahold Delhaize, who has served as interim CEO since May. “I would like to congratulate Dave on his appointment to lead FreshDirect,” Ahold Delhaize CEO Frans Muller said. “He
ZAANDAM, the Netherlands — Ahold Delhaize reported second-quarter sales that were down on a year-over-year basis but still came in ahead of analyst expectations. The company raised its full-year earnings and underlying operating margin guidance. The company said comparable sales (excluding gasoline) for the second quarter declined 1.5% in the U.S. and rose 2.4% in
ZAANDAM, the Netherlands — Ahold Delhaize showed continued growth against tough comparisons in the first quarter. Net sales were €18.3 billion ($22.1 billion), up 5.8% at constant exchange rates. Comparable sales excluding gas grew 1.7%, and were up 15.5% compared to 2019. Online sales were up 188.3%, driven in part by the acquisition of Fresh
ZAANDAM, the Netherlands — Ahold Delhaize reported that its global net sales rose by nearly 13% to 19.6 billion euros ($23.7 billion) in the fourth quarter, fueled by strong online and comparable store sales gains. “We are pleased with the underlying Q4 performance in both the U.S. and Europe,” Ahold Delhaize president and CEO Frans
NEW YORK — Ahold Delhaize has entered into a definitive agreement to acquire a majority stake in the online grocer FreshDirect, the company said Wednesday. Ahold Delhaize will acquire the majority share, funded by cash on hand, and Centerbridge Partners will be a minority equity investor with a 20% stake. After the deal closes, FreshDirect