Ahold Delhaize reported same-store sales up 20.6% in the United States and up 10.2% in Europe; net sales were up 17.1% to €19.1 billion. The retailer said every U.S. banner had double-digit same-store sales gains for the quarter.
The company and its various banners are seeing pandemic-fueled gains like many retailers reporting successful quarters in the past week such as Albertsons and Publix, for example. This includes a huge digital bump. Ahold saw online sales grow by 126.8% in Q2, pushing its annual target to exceed 75% online sales growth in the United States. The original goal was a 30% annual bump.
Ahold said the strong quarter came despite significant costs incurred from COVID-19.
Ahold will increase click-and-collect locations at the end of the quarter from 707 to 765 and are aiming to have 1,100 locations available for the service by year-end.