Axfood AB (publ) (AXFOY) Projected to Release Quarterly Earnings on Thursday

Axfood AB (publ) (OTCMKTS:AXFOY) is expected to be issuing its results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.3516 per share and revenue of $2.33 billion for the quarter.

Axfood AB (publ) Price Performance

Shares of AXFOY opened at $24.95 on Wednesday. Axfood AB has a one year low of $24.95 and a one year high of $25.50. The stock’s fifty day moving average is $24.97 and its 200-day moving average is $26.39.

Axfood AB (publ) Company Profile

Axfood AB (publ) is a Swedish food retail and wholesale group that provides groceries and related products to consumers, businesses, and food-service customers. The company operates through several retail and service concepts, including Willys, Hemköp, City Gross, and Snabbgross, serving customers across Sweden through physical stores and digital channels.

Axfood’s operations also include Dagab, its purchasing, assortment, and logistics organization. Dagab sources and distributes food and other consumer products for Axfood’s retail chains, helping coordinate procurement, warehousing, and deliveries.