ENXTAM:ADConsumer Retailing
Ahold Delhaize (ENXTAM:AD) Stock Looks Cheap But U.S. Margin Pressure Persists
Koninklijke Ahold Delhaize stock closed at €34.44, with the shares drifting lower over the past quarter even as the latest earnings landed broadly in line with a steady, cash generative grocer. The short term mood has cooled after a 90 day slide of about 8.6%, yet the fresh numbers show a retailer still producing sizeable quarterly revenue of €23.2b and maintaining a trailing P/E of 13.4x.
The key point for longer term investors is in the margin line. Trailing net profit margin has moved to...