2024-06-28 10:30:00 ET
Summary
- Ahold Delhaize is a Dutch grocery chain operator generating the majority of revenue in the US under the Food Lion and Hannaford brands.
- The current share price is 27.82 EUR with a market cap of 26.1B EUR, reaching 2025 EPS early and reiterating full-year guidance.
- Q1 results show a slight increase in revenue and a decrease in gross profit and reiterated the full-year outlook with a focus on free cash flow and dividend growth.
Introduction
Koninklijke Ahold Delhaize N.V. ADR ( OTCQX:ADRNY ) ( OTCQX:AHODF ) is a Dutch grocery chain operator which generates the majority of its revenue in the US where it's active under the Food Lion and Hannaford brands. Just over 60% of the revenue is generated in the US....
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Ahold Delhaize Offers A 4% Dividend Yield With A 45% Payout Ratio