CA.PA - Carrefour SA
| Previous Close | 17.14 |
| Open | 17.21 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's Range | 17.15 - 17.43 |
| 52 Week Range | 13.85 - 19.86 |
| Volume | |
| Avg. Volume | 2,041,109 |
| Market Cap | 12.651B |
| Beta (5Y Monthly) | 0.55 |
| PE Ratio (TTM) | 9.41 |
| EPS (TTM) | 1.84 |
| Earnings Date | Jul 26, 2023 |
| Forward Dividend & Yield | 0.56 (3.27%) |
| Ex-Dividend Date | Jun 06, 2023 |
| 1y Target Est | 20.20 |
ZacksCRRFY or WMMVY: Which Is the Better Value Stock Right Now?
CRRFY vs. WMMVY: Which Stock Is the Better Value Option?
- Zacks
CRRFY vs. WMMVY: Which Stock Is the Better Value Option?
CRRFY vs. WMMVY: Which Stock Is the Better Value Option?
- Reuters
UPDATE 1-Carrefour Brasil swings to quarterly loss as BIG purchase weighs
Carrefour Brasil reported a first quarter net loss of 113 million reais ($22.39 million), hit by high investment costs at its acquired food retailer Grupo BIG, the company said in a filing with Brazil's main stock exchange on Tuesday. The Brazilian arm of French retailer Carrefour SA said that net sales rose 29.4% to reach 24.39 billion reais in the first quarter, while its wholesale units posted 19% sales growth year-on-year. Carrefour's Brazilian unit said operating expenses soared 52% from a year earlier to total 3.8 billion reais, fueled by store conversion and the integration of BIG.
ReutersCarrefour Brasil swings to quarterly loss as BIG purchase weighs
SAO PAULO(Reuters) -Carrefour Brasil reported a first quarter net loss of 113 million reais ($22.39 million), hit by high investment costs at its acquired food retailer Grupo BIG, the company said in a filing with Brazil's main stock exchange on Tuesday. The Brazilian arm of French retailer Carrefour SA said that net sales rose 29.4% to reach 24.39 billion reais in the first quarter, while its wholesale units posted 19% sales growth year-on-year. Carrefour's Brazilian unit said operating expenses soared 52% from a year earlier to total 3.8 billion reais, fueled by store conversion and the integration of BIG.
ReutersRetailer Carrefour confident as Q1 sales growth accelerates
PARIS (Reuters) -Carrefour, Europe's largest food retailer, said on Tuesday it was confident of more profit and cash flow growth this year despite high inflation, after sales growth accelerated in the first quarter. Sales reached 22.071 billion euros ($24.24 billion), marking like-for-like growth of 12.3% and an acceleration from 10.9% sales growth in the fourth quarter of 2022. This was driven by a solid performance in France, where Carrefour hypermarkets' low-cost offering attracted buyers grappling with the cost of living.
ZacksCRRFY vs. WMMVY: Which Stock Should Value Investors Buy Now?
CRRFY vs. WMMVY: Which Stock Is the Better Value Option?
- Reuters
Brazil's Carrefour gets $200 mln discount on Grupo Big acquisition
Carrefour Brasil, the local arm of French retail giant Carrefour, said on Tuesday it reached an agreement to reduce the price of its acquisition of Grupo Big by up to 1 billion reais ($199.7 million).
ReutersOxbotica, Goggo team up for autonomous middle-mile delivery
British self-driving software startup Oxbotica and autonomous delivery company Goggo Network said on Wednesday they are teaming up to test middle-mile deliveries for retailers and other customers including Carrefour and Dia. The partnership will initially see Berlin-based Goggo deploying Oxbotica's autonomy software in Spain in middle-mile delivery operations for partners like Spanish pizza chain Telepizza. If successful, the service will be rolled out to other parts of Goggo's network in Europe.
ZacksCRRFY or WMT: Which Is the Better Value Stock Right Now?
CRRFY vs. WMT: Which Stock Is the Better Value Option?
ZacksCarrefour SA (CRRFY) Upgraded to Buy: Here's Why
Carrefour SA (CRRFY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ReutersCarrefour predicts more profit growth this year despite high inflation
PARIS (Reuters) -Europe's largest food retailer Carrefour is confident on its 2023 outlook after reporting record free cash flow of 1.26 billion euros ($1.35 billion) and another rise in full-year operating profit despite high inflation. Carrefour predicted further growth this year across its main three indicators - earnings before interest, taxes, depreciation and amortisation (EBITDA), recurring operating income and net free cash flow. Chairman and CEO Alexandre Bompard told analysts that Carrefour expected cash-strapped shoppers to continue trading down amid high inflation in the first half of the year.
ZacksCampbell Soup and Eli Lilly have been highlighted as Zacks Bull and Bear of the Day
Campbell Soup and Eli Lilly have been highlighted as Zacks Bull and Bear of the Day.
Zacks3 Value Stocks with Growth In the Cards
Value stocks are great, but a bit of growth doesn't hurt either.
- Reuters
UPDATE 1-Carrefour Brasil profit slumps nearly 60% on high interest rates
Carrefour Brasil on Wednesday posted a third-quarter adjusted net profit that slumped 59% from a year earlier, hit by high interest rates on the retailer's surging debt following its acquisition of Grupo BIG. The Brazilian arm of French supermarket giant Carrefour posted a quarterly profit of 256 million reais ($49.5 million) compared to 621 million reais in the same period last year. The company pointed to high interest rates on its debt, as well as costs it incurred from its acquisition of Grupo BIG, one of Brazil's biggest food retailers, which it agreed to buy last year for a 7.5 billion reais price tag.
ReutersCarrefour Brasil profit slumps nearly 60% on high interest rates
SAO PAULO (Reuters) -Carrefour Brasil on Wednesday posted a third-quarter adjusted net profit that slumped 59% from a year earlier, hit by high interest rates on the retailer's surging debt following its acquisition of Grupo BIG.The Brazilian arm of French supermarket giant Carrefour posted a quarterly profit of 256 million reais ($49.5 million) compared to 621 million reais in the same period last year. The company pointed to high interest rates on its debt, as well as costs it incurred from its acquisition of Grupo BIG, one of Brazil's biggest food retailers, which it agreed to buy last year for a 7.5 billion reais price tag. Carrefour's net debt almost doubled from a year earlier to reach close to 19 billion reais, largely due to the acquisition, while its operating costs grew 56% to 3.57 billion reais.
ReutersEurope's retailers strive to keep prices low to win struggling shoppers
Some European retailers this week forecast or reported better full-year sales after working to keep prices low to attract cash-strapped shoppers although others, including Marks & Spencer and Adidas warned on profit. Many consumers have turned to cheaper private-label products, boosting sales for retailers like Dutch grocer Ahold Delhaize and Primark owner Associated British Foods, as they face a prolonged cost-of-living crisis. On Wednesday, Ahold raised its annual outlook for the third time this year, expecting low-double-digit earnings per share growth versus a prior mid-single-digit guidance.
- Reuters
REFILE-WRAPUP 1-Europe's retailers strive to keep prices low to win struggling shoppers
Some European retailers this week forecast or reported better full-year sales after working to keep prices low to attract cash-strapped shoppers although others, including Marks & Spencer and Adidas warned on profit. Many consumers have turned to cheaper private-label products, boosting sales for retailers like Dutch grocer Ahold Delhaize and Primark owner Associated British Foods , as they face a prolonged cost-of-living crisis. On Wednesday, Ahold raised its annual outlook for the third time this year, expecting low-double-digit earnings per share growth versus a prior mid-single-digit guidance.
ReutersFactbox-Carrefour's plan to accelerate its turnaround
Carrefour unveiled plans on Tuesday to step up expansion in e-commerce, open more discount stores and cut costs as part of Chairman and CEO Alexandre Bompard's new strategy to accelerate the turnaround at Europe's largest food retailer amid soaring inflation. Carrefour is targeting annual capital spending of 2.0 billion euros ($2 billion), up from 1.7 billion euros previously, and net free cash flow above 1.7 billion euros by 2026. Carrefour will continue to pay a cash dividend and increase it by at least 5% a year while continuing a share buyback policy started in 2021 and seize medium-sized acquisition opportunities.
- Reuters
UPDATE 1-Retailer Carrefour plans more investment and savings
Carrefour will step up its expansion into e-commerce, slash costs and focus on cash generation as part of boss Alexandre Bompard's new strategy to accelerate the turnaround at Europe's largest food retailer amid soaring inflation. The French group, ahead of an investor presentation later on Tuesday, said it was aiming for a net free cash flow of over 1.7 billion euros ($1.7 billion) and 4 billion euros in cost savings in 2026. As a result, Carrefour said it was raising its annual investment target to 2.0 billion euros from 1.7 billion euros previously.
ReutersCarrefour plans investments and savings to tackle inflation
PARIS (Reuters) -Carrefour will step up its expansion in e-commerce, open more discount stores and cut costs as part of boss Alexandre Bompard's new strategy to accelerate the turnaround at Europe's largest food retailer amid soaring inflation. "Carrefour 2026 is a plan of acceleration and conquest," Chairman and CEO Alexandre Bompard said at the company's investor day. The plan will alow Carrefour to "improve its operating margin and maintain sustained growth in recurring operating income", he added.
- Business Wire
Carrefour and Publicis Join Forces to Create a Leader in the European and Latin American Retail Media Market
PARIS & MASSY, France, November 08, 2022--Carrefour and Publicis join forces to create a leader in the European and Latin American retail media market
ReutersCarrefour management increases offer in wage talks with unions
PARIS (Reuters) -France's biggest retailer Carrefour has increased its offer in the third round of wage talks with unions, suggesting a 2.5% pay hike from November this year, a company spokesperson said on Thursday. The offer would mean an overall 8.3% wage increase when compared to August 2021. Some unions had threatened to call a strike late this week, saying the supermarket chain's previous offer of 2% was insufficient as workers struggle with soaring inflation.
ReutersCarrefour unveils 30 euro shopping basket in Spain after government price cut proposal
Supermarket chain Carrefour will sell Spanish consumers a basket of 30 basic goods for 30 euros, the company said on Wednesday, days after Spain announced it was considering asking big retailers to offer special price packages to mitigate inflation. The government's announcement was met with criticism by Spanish business groups and some politicians who view the move as the government engaging in price intervention. Labour Minister Yolanda Diaz, who announced she was seeking agreements with supermarkets on Monday, has denied these criticisms, saying it will help impoverished families continue to eat healthily.
ReutersInflation crisis forces new frugality on French consumers
PARIS (Reuters) -Cost-conscious French consumers are ditching fish, buying cheaper meat and snubbing organic food to save money on their shopping, the head of Europe's largest food retailer and shoppers said on Tuesday. Carrefour Chief Executive Alexandre Bompard said economists' debates about when inflation would peak were futile, and what mattered was consumers' new, entrenched penny-pinching approach to shopping. "This phenomenon is here and it's deep and it's been gaining momentum in recent weeks," he told a round table at the Medef French employers federation annual post-summer conference.
