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%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore 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%.

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 SG
 

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.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

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 »