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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Carrefour    CA   FR0000120172

CARREFOUR

(CA)
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Carrefour Brasil to donate Nov. 26 and 27 store profits following Black man's death

11/26/2020 | 07:32am EST
Riot police stand in formation during a protest against racism, after Joao Alberto Silveira Freitas was beaten to death by security guards at a Carrefour supermarket in Porto Alegre

SAO PAULO (Reuters) - Carrefour Brasil will donate profits generated by its stores on Nov. 26 and 27 to projects promoting diversity and inclusion after a Black man was beaten to death at a supermarket last week, a securities filing on Wednesday showed.

Last week, the Brazilian unit of France-based Carrefour SA donated profits from its stores nationwide on Nov. 20, National Black Awareness Day in Brazil, one day after the man's death.

The retailer will also keep all its stores in the country closed until 2 p.m. (1700 GMT) on Thursday to train employees on racial diversity and to fight racial discrimination.

Carrefour Brasil also said the store where Joao Alberto Silveira Freitas was killed in the Brazilian state of Porto Alegre, will remain closed the entire day on Thursday.

Hundreds of people have demonstrated outside Carrefour since Friday to protest the killing.

Carrefour Brasil said it would add a clause to combat racism to contracts with suppliers, which may lead to the contract termination in case of non-compliance.

Following his death, the supermarket chain has created an external and independent committee on diversity and inclusion, it added in the filing.

(Reporting by Carolina Mandl; editing by Emelia Sithole-Matarise)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ATACADÃO S.A. -1.43% 20 End-of-day quote.3.15%
CARREFOUR -1.23% 15.27 Real-time Quote.10.19%
EURO / BRAZILIAN REAL (EUR/BRL) -0.21% 6.3833 Delayed Quote.0.54%
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Financials
Sales 2020 71 418 M 86 587 M 86 587 M
Net income 2020 757 M 918 M 918 M
Net Debt 2020 6 780 M 8 220 M 8 220 M
P/E ratio 2020 16,0x
Yield 2020 2,89%
Capitalization 12 494 M 15 090 M 15 148 M
EV / Sales 2020 0,27x
EV / Sales 2021 0,26x
Nbr of Employees 321 383
Free-Float 75,3%
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Technical analysis trends CARREFOUR
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 19
Average target price 18,27 €
Last Close Price 15,46 €
Spread / Highest target 33,2%
Spread / Average Target 18,2%
Spread / Lowest Target -3,62%
EPS Revisions
Managers and Directors
NameTitle
Alexandre Bompard Chairman & Chief Executive Officer
Matthieu Malige Chief Financial Officer
Miguel Ángel González Gisbert Global Chief Technology Officer
Nicolas Bazire Non-Independent Director
Jean-Laurent Bonnafé Director
Sector and Competitors
1st jan.Capitalization (M$)
CARREFOUR10.19%15 090
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SEVEN & I HOLDINGS CO., LTD.7.60%33 528
ALIMENTATION COUCHE-TARD INC.-11.48%33 452
SM INVESTMENTS CORPORATION0.10%26 309
AVENUE SUPERMARTS LIMITED-0.68%24 290