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BREAKING NEWS

Ahold second-quarter underlying earnings hit by April strike

Ahold second-quarter underlying earnings hit by April strike
FILE PHOTO: A logo of Gall & Gall is seen at the entrance of shop operated by Ahold Delhaize, the Dutch-Belgian supermarket operator, in Eindhoven, Netherlands, January 23, 2019. REUTERS/Eva Plevier -
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EVA PLEVIER(Reuters)
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AMSTERDAM (Reuters) – Dutch supermarket operator Ahold Delhaize <AD.AS> on Wednesday reported second-quarter earnings largely in line with expectations, hurt by a strike at some of its U.S. stores in April.

Ahold said in a statement that underlying operating income fell to 594 million euros (547.38 million pounds) from 669 million euros in the same period a year earlier.

Analysts had estimated underlying operating income at 596 million euros in a company-compiled poll before earnings.

(Reporting by Toby Sterling; Editing by Subhranshu Sahu)

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