Digital infrastructures now sit at the heart of almost every business operation. While this interconnectedness has introduced efficiencies, it has also created new vulnerabilities.
Grocery giant Ahold Delhaize said Friday (Nov. 8) that it detected a cybersecurity issue within its U.S. network and that some Ahold Delhaize USA brands and services were affected when the company took some systems offline to help protect them.
Koninklijke Ahold Delhaize N.V. (OTCQX:ADRNY) Q3 2024 Earnings Conference Call November 6, 2024 4:00 AM ET Company Participants JP O'Meara - Senior Vice President & Head of Investor Relations Frans Muller - President & Chief Executive Officer Jolanda Poots-Bijl - Chief Financial Officer Conference Call Participants Robert Jan Vos - ABN-Amro ODDO BHF William Woods - Bernstein Sreedhar Mahamkali ...
Ahold Delhaize presented a decent set of numbers at the latest investor update. The new strategy, however, signals caution and a catalyst for stock price appreciation is missing. Shareholder returns depend on modest dividend growth and consistent share buybacks, with potential risks including exchange rate effects and competition from discounters.
As consumers, especially younger generations, grow accustomed to having their needs met at a rapid pace, Ahold Delhaize is seeing shoppers be less loyal to specific brands.
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