Ahold Delhaize Earnings: We Expect a Swift Recovery From Cyberattack; Maintain Fair Value Estimate
Ahold Delhaize’s third-quarter earnings showed revenue growth of 1.9% at constant exchange rates and an underlying operating margin of 4.1%. Due to Ahold’s recent cyberattack, the firm adjusted its full-year guidance. Shares rose nearly 5% in early trading on Nov. 4.