Koninklijke Ahold Delhaize NV said its normalized net income for the fiscal fourth quarter ended Jan. 3 was 32 euro cents per share, compared with the S&P Capital IQ consensus estimate of 28 cents per share.
EPS increased 32.7% year over year from 24 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €247.9 million, a gain of 24.7% from €198.8 million in the fourth quarter ended Dec. 28, 2014.
The normalized profit margin rose to 3.1% from 2.5% in the year-earlier period.
Total revenue climbed 21.4% year over year to €9.79 billion from €8.06 billion, and total operating expenses grew 21.2% on an annual basis to €9.33 billion from €7.70 billion.
Reported net income increased 14.4% year over year to €278.0 million, or 33 cents per share, from €243.0 million, or 28 cents per share.
For the year, the company's normalized net income totaled 89 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of €1.12.
EPS rose 11.5% from 80 cents in the prior year.
Normalized net income was €717.3 million, a rise from €693.8 million in the prior year.
Full-year total revenue increased 16.6% on an annual basis to €38.20 billion from €32.77 billion, and total operating expenses increased 17.0% year over year to €36.83 billion from €31.47 billion.
The company said reported net income rose 7.4% year over year to €873.0 million, or €1.08 per share, in the full year, from €813.0 million, or 93 cents per share.