Ahold Delhaize, a big supermarket chain, raised its annual outlook again on Wednesday. It now expects diluted underlying earnings-per-share growth in the low double digits, up from mid-single digits before. This is because sales and earnings went up a lot in the third quarter.
The group, which runs supermarkets in both Europe and the United States, raised its annual earnings per share forecast again in August.
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Ahold Delhaize said on Wednesday that its underlying operating income jumped to 993 million euros ($999.06 million) between July and September, which was more than the 885 million euros expected by a company-compiled consensus.
($1 = 0.9939 euros)