- Ahold Delhaize reports strong Q3 results, maintaining its 2024 outlook and announcing a €1 billion share buyback for 2025.
- Q3 net sales reached €22 billion, with a 1.4% increase in comparable sales excluding gasoline. Online sales grew by 5.1%, driven by grocery sales.
- The company highlighted successful initiatives like the Belgium Future Plan and omnichannel investments.
- Despite some setbacks, including store closures and FreshDirect divestment, underlying EPS rose 7%.
- The company continues to focus on growth strategies and community support, preparing for a robust holiday season.
Wed Nov 06 07:45:14 -0000 2024 UTC– Ahold Delhaize had a strong Q3 performance, reiterating its 2024 outlook and announcing a €1 billion share buyback for 2025. Sales grew, with online sales up, and operational margins improved.
The company remains focused on growth strategies, including investments in omnichannel infrastructure and innovation. CEO Frans Muller highlighted brand performance, community support efforts, and ongoing initiatives.
The company plans to continue investments, enhance customer experiences, and deliver a strong holiday season.