Supermarket giant Ahold reports 78% surge in second quarter earnings amid coronavirus

  • 📰 Reuters
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Ahold Delhaize NV , a major operator of supermarket chains in the United States and Europe, reported better-than-expected sales and underlying operating income for the second quarter of 2020, as coronavirus lockdowns drove more traffic through its stores and online delivery services.

FILE PHOTO: The Ahold Delhaize logo is seen at the company's headquarters in Zaandam, Netherlands August 23, 2018. Picture taken August 23, 2018. REUTERS/Eva Plevier/File Photo

Underlying operating income was 1.01 billion euros , up 78% from 594 million euros in the same period a year ago, on comparable sales of 19.1 billion euros, up 15.9%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah they can chimera-ed their gods as a lion but they choose all other and some herbivore, unlike Kali.

When I see the egregiously inflated price of tomatoes and other veggies and fruit in the Migros and the coop_ch Coop (here in Switzerland, in the MIDDLE OF SUMMER, I can understand why... The small shops and markets closed, the userers have come out of the woodwork.

More than that. I bet.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil giant BP swings to a $17 billion loss and slashes its dividend for the first time in a decade as coronavirus turns the energy sector upside down | Markets InsiderOil giant BP swings to a $17 billion loss and slashes its dividend for the first time in a decade as coronavirus turns the energy sector upside down
Source: BusinessInsider - 🏆 729. / 51 Read more »

Ferrari trims full-year outlook after earnings skid in second quarterLuxury carmaker Ferrari trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions during the coronavirus pandemic. They blame the white elitist for not buying as many Ferraris as prior years I’ll take some of that inventory off of their hands 👀🤷‍♂️ Or no one is renting a Ferrari to show off on Ocean Drive after Sunday brunch at Nikki Beach.
Source: Reuters - 🏆 2. / 97 Read more »

National CineMedia Posts 96 Percent Revenue Fall as Movie Theaters Reopening Faces UncertaintyThe in-theater advertising firm swung to a second quarter loss as it faces continuing theater closures amid the coronavirus pandemic. Sacrifice like it's WWII
Source: THR - 🏆 411. / 53 Read more »

Why Gold Prices Are Hitting All-Time HighsA guide to the surge in the precious metal’s prices during the coronavirus pandemic. Angela Merkel wants recover PUBLIC MONEY from tax evasion to finance NEW product & organizational MODELS : social ecology-direct & economic democracy-town & spatial planning European Commission estimates the amount of TAX EVASION in EU at € 3ooo billion/year RETHINK EVERYTHING Because gold is a stable investment unlike the debt based economy we've had for the last fifty years. 1990 .....1KG gold = Maruti 800 2000......1KG gold = Esteem 2005......1KG Gold = Innova 2010......1KG Gold = Fortuner 2020.....1KG Gold = BMW X1 $GOLD in 2020 is having 2017 Bitcoin honeymoon
Source: WSJ - 🏆 98. / 63 Read more »

Dr. Anthony Fauci starting to see 'insidious' rise in rate of positive coronavirus cases in some statesWhite House coronavirus advisor Dr. Anthony Fauci said Monday that U.S. health officials are beginning to see early signs of a new coronavirus surge in some states. Probably but he forgot to mention most people who get Covid-19 will be fine The only insidious thing is the continued fascination of the paranoid idiots that continue to give this Fauci any a platform of credibility? Must rank amongst the most gullible in the world!
Source: CNBC - 🏆 12. / 72 Read more »

Sony Pictures Quarterly Profit Rises to $230 MillionSony Pictures grew its profit to $230 million in the fiscal first quarter, from a year-ago profit of $3 million amid the coronavirus pandemic ❤️🌹❤️🌹❤️🌹❤️
Source: THR - 🏆 411. / 53 Read more »