Ahold Delhaize’s Q2 performance was ahead of our expectations. The momentum was witnessed in both operating segments (US and Europe). The retailer has gained market share in almost all geographies. Management has increased the guidance for underlying operating profit and EPS, which reiterates our positive stance on the stock’s valuation. We will increase the target price slightly.
12 Aug 2021
Solid Q2 results; guidance raised
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Solid Q2 results; guidance raised
Koninklijke Ahold Delhaize N.V. (AD:AMS) | 0 0 0.0%
- Published:
12 Aug 2021 -
Author:
Nishant Choudhary -
Pages:
4
Ahold Delhaize’s Q2 performance was ahead of our expectations. The momentum was witnessed in both operating segments (US and Europe). The retailer has gained market share in almost all geographies. Management has increased the guidance for underlying operating profit and EPS, which reiterates our positive stance on the stock’s valuation. We will increase the target price slightly.