From Yahoo Finance: 2025-05-08 10:24:00

Ahold Delhaize reports Q1 FY25 net sales of €23.28bn, up 5% at constant exchange rates and 7.1% at actual rates. Sales growth attributed to Profi acquisition, 3.3% increase in comparable sales, and new store openings. Online sales rose 13.7% driven by US and European markets.

US sales climbed 1.8% to €13.9bn, European net sales rose 10.1% to €9.3bn. Operating margin at 3.8%, with a slight decline due to US price investments. Q1 IFRS operating income at €880m, EPS at €0.60 – an 11.5% increase year-on-year.

Ahold Delhaize reaffirms 2025 outlook amid economic uncertainty. Expects operating margin around 4% and mid to high-single-digit EPS growth. Profi acquisition to contribute €3bn in sales. Stop & Shop closures in 2024 to impact net sales by $550m to $575m.

Cessation of tobacco sales to affect Albert Heijn’s net sales and European store sales by one percentage point in 2025. CFO confident in company’s position to deliver on long-term plans. Story originally published by Retail Insight Network.

Read more: Ahold Delhaize posts strong Q1 sales growth and reaffirms 2025 outlook