Previous close | 25.08 |
Open | 25.10 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 24.84 - 25.28 |
52-week range | 23.61 - 31.40 |
Volume | |
Avg. volume | 3,378,647 |
Market cap | 26.043B |
Beta (5Y monthly) | 0.16 |
PE ratio (TTM) | 16.76 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.04 (3.87%) |
Ex-dividend date | 19 Apr 2022 |
1y target est | N/A |
Supermarket group Ahold Delhaize raised its full-year earnings forecast on Wednesday after reporting a smaller than expected fall in first-quarter core income as people started to eat out more following the easing of COVID restrictions. The Dutch-Belgian retailer, which makes most of its sales in the United States, said quarterly underlying operating income slipped to 829 million euros ($874 million) from 849 million a year earlier, but beat analysts' mean forecast of 778 million. It now expects underlying earnings per share in 2022 to be "comparable with 2021 levels", having previously forecast a low- to mid-single digit decline.
Europeans are stocking up on survival gear like sleeping bags and camping cookers, as well as canned and dried food, in part to donate to refugees arriving from Ukraine and also due to fears of supplies being disrupted and conflict spreading. Sales of products such as plastic cans, camping gear, batteries, flashlights and cell phone solar chargers jumped as much as sixfold in the past two weeks at Swedish hardware store chain Clas Ohlsson, a spokesperson said. Sales of milk powder, pasta, grains, and canned foods rose by up to 20% in the past four weeks, according to Swedish grocery retailer Ica Gruppen.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.