ZAANDAM, THE NETHERLANDS - Ahold Delhaize recently released its second-quarter results. By sticking to its Growing Together strategy and leaning heavily into e-commerce capabilities, the retail giant is making steady moves across the United States and Europe.
"I am pleased to report solid second quarter performance, with strong sales growth supported by positive volumes in both regions. In an environment where customers prioritize value and convenience, our Growing Together strategy stands out as a key strength. Our brands’ unwavering commitment to delivering exceptional customer value has enabled us to maintain or improve our market positions and continue to drive momentum in growth. At the same time, through strong operational execution by our teams and associates, we delivered a healthy and stable underlying operating margin of 4.0% and IFRS operating income of €861 million,” commented Frans Muller, President and Chief Executive Officer, in the press release.
The report outlined several other highlights, which included:
- In the first half of 2025, we already achieved a key milestone by reaching e-commerce profitability on a fully allocated basis. This underscores the strength and scalability of our omnichannel model, which is a key long-term driver of market share growth.
- Q2 net sales were €23.1 billion, up 6.5% at constant exchange rates and up 3.3% at actual exchange rates. Net sales were positively impacted by 3.4 percentage points at constant exchange rates from the acquisition of Profi and negatively impacted by 1.2 percentage points from the closure of Stop & Shop stores and the cessation of tobacco sales in the Netherlands and Belgium
- Q2 comparable sales excluding gasoline increased by 4.0%, up 3.4% in the U.S. and 4.9% in Europe. Comparable sales excluding gasoline were positively impacted by 0.9 percentage points in the U.S. and by 0.7 percentage points in Europe, due to calendar shifts. Europe was negatively impacted by 1.6 percentage points due to tobacco
- Our investments in expanding our omnichannel infrastructure and enhancing our digital loyalty programs are yielding strong results. Ahold Delhaize online sales increased by 14.4% in Q2 at constant exchange rates and 11.8% at actual exchange rates. This was driven by double-digit growth in online grocery in both regions and a strong performance at bol
“During the first half of the year, we already achieved a key milestone by reaching e-commerce profitability on a fully allocated basis,” added Muller. “This underscores the strength and scalability of our omnichannel model, which is an important long-term driver of market share growth. Our improved online profitability is the result of several key factors, including our orientation towards less asset-intensive same-day delivery models, increasing fulfillment capacity, automating operations, and leveraging retail media propositions. It is particularly encouraging to see that, more and more, customers are finding value in the convenience and flexibility of our brands' omnichannel offerings.”
For more details, check out the report here.
