Netherlands-based retailer Ahold Delhaize reported strong earnings in Q1 2025, with net sales rising by 2% to around $15.8 billion.
Additionally, the retailer saw its same-store sales increase by 3.1%, which was driven by a severe winter season that boosted its results. The company also saw its online sales go up 17.9%.
Last year, the retailer downsized its fleet and closed over 30 Stop & Shop stores, which impacted sales in Q1, but the company continues to maintain a positive outlook, according to comments from an earnings call.
Frans Muller, President and CEO of Ahold Delhaize, said: “With consumer sentiment declining, our brands have an important role to play. By consistently delivering compelling customer value propositions, they build customers’ confidence and trust.
“Our brands are working hard to ensure that every time customers shop, online or in store, they find the best value at competitive pricing to fit their budgets and their convenience needs.”
The Food Lion and Hannaford banners are the firm’s best-performing brands in the US.
Ahold Delhaize shrugged off tariff concerns and maintained its initial guidance amid a changing macroeconomic environment.
The retailer maintains its stance that it is relatively unaffected by the additional tariffs as it uses locally sourced ingredients.
Muller added: “Although there is a lot of volatility in the macro environment, with tariffs and fluctuations in exchange rates, we maintain our guidance for the year, albeit with a potential impact on EPS results due to the impact of currency translation.”
Moving forward, the company plans to undergo a fleet renovation and transformation to boost its performance.
The announcement of a strong performance comes on the heels of recent changes to their C-suite, with executive members receiving promotions.
Click here to sign up to Retail Gazette‘s free daily email newsletter
