Preliminary Q1 results from Delhaize Group (DEG) send the shares up 9% premarket. The Belgian...

|By:, SA News Editor
Preliminary Q1 results from Delhaize Group (DEG) send the shares up 9% premarket. The Belgian food retailer says revenues for Q1 rose 2.1% and U.S. comps growth came in at 1.9%. Operating margins and EBITDA rose 0.4% Y/Y and 7.1% Y/Y respectively. The company sees operating profits of $1.01B for the full year.