There were no major surprises in Ahold Delhaize’s Q4 and FY21 performance. The company gained market share in both the US and Europe. However, investors thrashed the stock price due to concerns regarding the dent in FY22 profit margins and EPS, led by headwinds from supply chain, inflation and the US banner Stop & Shop. We believe the worry is overblown and the time-tested programme ‘Save for Our Customers’ would be able to mitigate the majority of the dent. Positive recommendation is maintained ....
17 Feb 2022
No surprises in the Q4 performance; softer outlook for FY22
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
No surprises in the Q4 performance; softer outlook for FY22
Koninklijke Ahold Delhaize N.V. (AD:AMS) | 0 0 0.0%
- Published:
17 Feb 2022 -
Author:
Nishant Choudhary -
Pages:
4
There were no major surprises in Ahold Delhaize’s Q4 and FY21 performance. The company gained market share in both the US and Europe. However, investors thrashed the stock price due to concerns regarding the dent in FY22 profit margins and EPS, led by headwinds from supply chain, inflation and the US banner Stop & Shop. We believe the worry is overblown and the time-tested programme ‘Save for Our Customers’ would be able to mitigate the majority of the dent. Positive recommendation is maintained ....