BRUSSELS — Delhaize executives here said last week they expect a series of initiatives in the U.S. to help boost earnings 6% to 8% in the second half of the year, despite weak expectations for the first half. Wall Street remained skeptical, however, with the stock taking a heavy hit last week after the company said net income for the first quarter, which ended March 30, fell 4.7% to $161.6 million (U.S.) and sales dropped 4.5% to $6.9 billion. (At identical exchange rates, Delhaize said net ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.