Carrefour: Longer-Term Rebound Could Be Ahead

04:48pm, Friday, 05'th Aug 2022
Carrefour SA has shown strong growth across its major markets in spite of inflationary pressures. Convenience growth lifted French revenue overall.
French food retailer Carrefour detailed its latest earnings this week, revealing solid growth globally in the first half (H1) of 2022 despite declining profit across Europe.
Carrefour Brasil reported on Tuesday its second-quarter adjusted net profit slightly increased 1.3% from a year earlier, helped by double-digit same store sales growth.
French grocery giant Carrefour is to refocus on Europe and Latin America after confirming the sale of Carrefour Taiwan just a month after completing the acquisition from Walmart of Grupo BIG in Brazil
Shares in French food retailer Carrefour rose 3% on Wednesday after it agreed to sell its remaining 60% stake in its Taiwan business, sparking hopes among some investors it could use the extra firepow
Carrefour's chief executive said global inflation is here to stay and that the supermarket chain is well placed to manage it due to its mix of businesses and experience in dealing with rapid inflation
Carrefour, Europe's largest food retailer, does not need to link up with another group as it has the means for its expansion, its Chairman and Chief Executive said on Friday.
Carrefour has seen a slight dip in global sales growth which has coincided with rising inflation. Sales growth across the French market was negative in the most recent quarter, owing to rising competi
Instant grocery startups sprang up and grew like weeds during Covid-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app; and VC
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PARIS (Reuters) -Shares in Carrefour fell nearly 4% on Thursday after Europe's largest food retailer reported first-quarter sales that showed a lacklustre performance in its core French market, oversh
Carrefour said on Wednesday it was confident it would achieve the strategic goals set under its turnaround plan after its sales growth accelerated in the first quarter, thanks notably to strong growth
Brazilian retailer Carrefour Brasil reported on Tuesday first-quarter total sales of 20.755 billion reais ($4.45 billion), a 14.5% increase compared with the same quarter the previous year.
Carrefour, Europe's largest food retailer, is joining forces with venture capital firm Daphni to invest in digital retail startups as part of a global plan to step up e-commerce expansion over the nex

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