Ahold (OTCMKTS:ADRNY) Issues Quarterly Earnings Results

Ahold (OTCMKTS:ADRNY) announced its quarterly earnings data on Wednesday. The company reported €0.79 EPS for the quarter, beating the consensus estimate of €0.76 by €0.03, Zacks reports. Ahold had a net margin of 2.45% and a return on equity of 16.64%. The firm had revenue of €26.57 billion during the quarter, compared to analyst estimates of €25.86 billion.

Ahold Stock Performance

ADRNY stock traded up €0.20 during midday trading on Thursday, reaching €38.80. The stock had a trading volume of 8,367 shares, compared to its average volume of 139,917. The firm has a fifty day simple moving average of €36.26 and a two-hundred day simple moving average of €41.40. Ahold has a 52-week low of €32.25 and a 52-week high of €50.02. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.41 and a current ratio of 0.71. The stock has a market cap of $33.90 billion, a PE ratio of 13.15, a P/E/G ratio of 1.68 and a beta of 0.44.

Ahold Company Profile

Ahold Delhaize is an international food retail and e-commerce company headquartered in Zaandam, the Netherlands. The company operates supermarkets, convenience stores and online grocery businesses, selling fresh food, packaged groceries, household products, health and beauty items, and other consumer goods. Its brands also provide digital ordering, delivery and pickup services in many markets.

The company was formed in 2016 through the merger of Koninklijke Ahold and Delhaize Group. Its retail brands include Albert Heijn, bol, Delhaize, Food Lion, Giant Food, Hannaford, Stop & Shop, Giant Company, and other regional banners.