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AholdDelhaize


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Ahold Delhaize's Stop & Shop To Close 32 Stores By Year-End, To Offer Positions To All Impacted Associates

BRIEF-Ahold Delhaize's Stop & Shop To Close 32 Stores By Year-End, To Offer Positions To All Impacted Associates July 12 (Reuters) - Koninklijke Ahold Delhaize NV AD.AS : STOP & SHOP TO CLOSE 32 UNDERPERFORMING STORES BY YEAR-END TO POSITION COMPANY FOR GROWTH STOP & SHOP WILL COMMUNICATE SPECIFIC STORE CLOSING DATES TO LOCAL CUSTOMERS WELL IN ADVANCE OF ANY STORE CLOSURES 32 IMPACTED STORE LOCATIONS ANTICIPATED TO CLOSE ON OR BEFORE NOV.
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Ahold Delhaize Appoints Claude Sarrailh CEO For Europe & Indonesia

BRIEF-Ahold Delhaize Appoints Claude Sarrailh CEO For Europe & Indonesia July 10 (Reuters) - Koninklijke Ahold Delhaize NV AD.AS : CLAUDE SARRAILH APPOINTED TO MANAGEMENT BOARD OF AHOLD DELHAIZE AS CEO AHOLD DELHAIZE EUROPE & INDONESIA SARRAILH TO START AS CEO AHOLD DELHAIZE EUROPE & INDONESIA ON OCT 1 Source text for Workspace: ID:nNDL5DbFrb Furth
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Danske Bank, Entain, Halma

EUROPE RESEARCH ROUNDUP-Danske Bank, Entain, Halma July 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Entain and Halma, on Wednesday. HIGHLIGHTS * Danske Bank DANSKE.CO : Berenberg initiates coverage with hold rating; PT DKK 215 * Entain ENT.L : JP Morgan cuts target price to 900p from 910p * Halma HLMA.L : JP Morgan raises target price to 2,350p from 2,000p * Novonesis NSISb.CO : JP Morgan raises target price to
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UBS cuts Ahold Delhaize to 'sell' on US margin risks

BUZZ-UBS cuts Ahold Delhaize to 'sell' on US margin risks ** UBS downgrades Ahold Delhaize AD.AS to "sell" from "neutral", saying growing competition and expected U.S. price cuts might mean margin risks for the Dutch supermarket group ** It points to rising competition from strong regional operators, discounters and a high incidence from WalMart WMT.N ** UBS says the market underestimates the downside risk in margins/FCF, noting its EBIT forecasts are 4% below consensus for 2025 and 6% below for
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Ashtead Technology Holdings, Computacenter, Maersk

EUROPE RESEARCH ROUNDUP-Ashtead Technology Holdings, Computacenter, Maersk June 6 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Ashtead Technology Holdings, Computacenter and Maersk on Thursday. HIGHLIGHTS * Ashtead Technology Holdings Plc ATAS.L : Stifel raises target price to 900p from 770p * Computacenter Plc CCC.L : Morgan Stanley cuts target price to 2550p from 2650p * IG Group Holdings Plc IGG.L : Deutsche Bank cuts target
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Capegemini, Quilter, Telecom Italia

EUROPE RESEARCH ROUNDUP- Capegemini, Quilter, Telecom Italia May 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Capegemini, Quilter and Telecom Italia, on Friday. HIGHLIGHTS * Alphawave IP Group Plc AWE.L : Jefferies cuts target price to 155p from 270p * Capgemini CAPP.PA : JP Morgan cuts to neutral from overweight * De La Rue Plc DLAR.L : Deutsche Bank raises target price to 95p from 80p * Quilter Plc QLT.L : Citigroup raises
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Currys, Ovhcloud, Whitbread

EUROPE RESEARCH ROUNDUP-Currys, Ovhcloud, Whitbread May 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Currys, Ovhcloud and Whitbread, on Thursday. HIGHLIGHTS * Anglo American AAL.L : Jefferies cuts to hold from buy * Currys Plc CURY.L : Berenberg raises to buy from hold * Ovhcloud OVH.PA : Stifel cuts to hold from buy * Solvay SOLB.BR : Morgan Stanley raises to equal weight from underweight * Whitbread WTB.L : Berenberg cuts t
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Ahold Delhaize to close underperforming US Stop & Shop stores

Ahold Delhaize to close underperforming US Stop & Shop stores May 23 (Reuters) - Supermarket group Ahold Delhaize AD.AS said on Thursday it will close an undisclosed number of underperforming Stop & Shop grocery stores in the U.S. this year. Ahold Delhaize declined to disclose the number of shops affected, saying it would do so later in the year. "Stop & Shop has already evaluated its overall portfolio and will make difficult decisions to close underperforming stores to create a healthy store ba
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Ahold Delhaize bets on AI and digital to boost earnings and savings

UPDATE 3-Ahold Delhaize bets on AI and digital to boost earnings and savings Adds target of additional income streams in paragraph 10 By Federica Mileo and Diana Mandia May 23 (Reuters) - Supermarket group Ahold Delhaize AD.AS expects to grow underlying earnings and boost savings over the 2025-2028 period, it said on Thursday, helped by higher automation of its back-end operations and driving more customers to its digital apps.
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Koninklijke Ahold Delhaize Announces Sponsorship With Global Foodbanking Network

BRIEF-Koninklijke Ahold Delhaize Announces Sponsorship With Global Foodbanking Network May 23 (Reuters) - Koninklijke Ahold Delhaize NV AD.AS : ANNOUNCES NEW SPONSORSHIP: PARTNERING WITH GLOBAL FOODBANKING NETWORK STARTING IN JULY 2024 Further company coverage: AD.AS (Gdansk Newsroom)
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Ahold Delhaize To Grow Complementary Income Streams To €3.0 Bln By 2028

BRIEF-Ahold Delhaize To Grow Complementary Income Streams To €3.0 Bln By 2028 May 23 (Reuters) - Koninklijke Ahold Delhaize NV AD.AS : KEY FINANCIAL AND STRATEGIC AMBITIONS FOR PERIOD (2025-2028) STRATEGIC AMBITIONS FOR PERIOD (2025-2028):1 OUTPERFORM TRADITIONAL GROCERY MARKET AND ACHIEVE A 4% NET SALES CAGR. FOR 2025-2028: MAINTAIN A GROSS CASH CAPITAL EXPENDITURE CADENCE OF 3% OF NET SALES 2025 2028 AMBITIONS: INCREASE OUR SAVE FOR OUR CUSTOMER AMBITION TO EUR 5 BILLION CUMULATIVE.
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Ahold Delhaize targets higher EPS and savings for 2025-2028

Ahold Delhaize targets higher EPS and savings for 2025-2028 May 23 (Reuters) - Supermarket group Ahold Delhaize AD.AS said on Thursday it expects to grow underlying earnings per share and increase savings for 2025-2028. The group, which operates the Stop & Shop, Giant, Food Lion and Hannaford chains in the United States and the Albert Heijn and Delhaize chains in the Netherlands and Belgium, targets underlying earnings per share at a high-single-digit compound annual growth rate compared to 2024
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An unusual performance for Europe's star stocks

LIVE MARKETS-An unusual performance for Europe's star stocks STOXX 600 down 0.2% Earnings in focus Meme frenzy fades US futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com AN UNUSUAL PERFORMANCE FOR EUROPE'S STAR STOCKS Europe's most well-owned stocks have recently been underperforming funds' largest underweight stocks - and the overall market - an unusual trend since
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JPM says it would sell food retail rally, cuts Carrefour

BUZZ-JPM says it would sell food retail rally, cuts Carrefour ** J.P.Morgan says it finds the recent rally in food retail stock as "technical" and not necessarily driven by improved fundamentals as margin reset, deflation risks persist ** The sector has been pulled up -- about 10% in two weeks, 10% discount to historic level -- by the overall market rally , it says, adding LFLs are yet to pull through while deflation risk persists ** "Valuations do not reflect the risk of negative LFLs & earning
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Ahold Delhaize Appoints Claude Sarrailh As CEO Of Ahold Delhaize Europe & Indonesia

BRIEF-Ahold Delhaize Appoints Claude Sarrailh As CEO Of Ahold Delhaize Europe & Indonesia May 15 (Reuters) - Koninklijke Ahold Delhaize NV AD.AS : ANNOUNCES CLAUDE SARRAILH AS NOMINEE FOR CEO OF AHOLD DELHAIZE EUROPE & INDONESIA AND MEMBER OF MANAGEMENT BOARD CLAUDE WILL JOIN COMPANY ON 1 SEPTEMBER 2024 AS EXECUTIVE VICE PRESIDENT HE WILL START AS
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Ahold Delhaize's Q1 beats expectations, aims to increase volumes

UPDATE 3-Ahold Delhaize's Q1 beats expectations, aims to increase volumes Adds detail in paragraphs 6-9, updates shares By Diana Mandia May 8 (Reuters) - Supermarket group Ahold Delhaize AD.AS beat first-quarter core profit margin expectations and confirmed its guidance for 2024 on Wednesday, helped by European performance, while showing confidence in recovering volumes later this year amid slowing inflation.
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Europe's STOXX 600 closes at record high on earnings cheer

UPDATE 2-Europe's STOXX 600 closes at record high on earnings cheer For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. 'Nice set' of Q1 figures drive Ahold Delhaize shares higher Puma rises on 'less laboured start to 2024 than feared' German industrial output falls less than expected in March BMW down after car margin misses consensus Sabadell falls as BBVA will not improve takeover offer Updated at 1555 GMT By Ankika Biswas and Johann M C
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'Nice set' of Q1 figures drives Ahold Delhaize shares higher

BUZZ-'Nice set' of Q1 figures drives Ahold Delhaize shares higher ** Shares in Ahold Delhaize AD.AS rise around 4% as the supermarket group beat Q1 expectations and confirmed its full-year guidance, helped by improvements in its European performance ** The group reported an underlying operating income margin of 4% for the January-March period, above the 3.8% expected by analysts polled by the company ** Sales reached 21.72 billion euros in the quarter, slightly above a consensus of 21.53 billion
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Ahold Delhaize's Q1 beats expectations, aims to increase volumes

UPDATE 3-Ahold Delhaize's Q1 beats expectations, aims to increase volumes Adds detail in paragraphs 6-9, updates shares By Diana Mandia May 8 (Reuters) - Supermarket group Ahold Delhaize AD.AS beat first-quarter core profit margin expectations and confirmed its guidance for 2024 on Wednesday, helped by European performance, while showing confidence in recovering volumes later this year amid slowing inflation.
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Ahold Delhaize beats Q1 profit margin expectations

Ahold Delhaize beats Q1 profit margin expectations May 8 (Reuters) - Supermarket group Ahold Delhaize AD.AS beat first-quarter core profit margin expectations on Wednesday as improvements in its European performance offset modest declines in the United States, the group's main market. The group, which operates the Stop & Shop, Giant, Food Lion and Hannaford chains in the United States, and the Albert Heijn and Delhaize chains in the Netherlands and Belgium, reported an underlying operating incom
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