Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Carrefour    CA   FR0000120172

CARREFOUR

(CA)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Retailer Carrefour's third quarter sales accelerate, keeps goals under overhaul plan

10/28/2020 | 01:45am EST
FILE PHOTO: Lockdown in France imposed to slow the rate of the coronavirus disease

PARIS (Reuters) - Carrefour, Europe's largest retailer, said on Wednesday it achieved record 8.4% like-for-like sales growth in the third quarter, reflecting a stronger performance in its key markets of France, Spain and Brazil.

Carrefour added it was well on track with a strategic overhaul plan aimed at boosting earnings and sales, and that it was sticking with all its targets under the plan.

In France alone, Carrefour's large hypermarkets accelerated the good momentum that started after an easing of an initial lockdown in May, to grow by 2.5.% after a 3.6% fall in the second quarter.

Third-quarter group sales came to 19.69 billion euros ($23.27 billion).

Growth reached 8.4 percent on a like-for-like basis - excluding fuel and calendar effects - against 6.3% in the second quarter. This was Carrefour's best quarterly performance in at least 20 years.

($1 = 0.8461 euros)

(Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ATACADÃO S.A. 2.20% 19.47 End-of-day quote.-16.62%
CARREFOUR 0.92% 13.75 Real-time Quote.-8.03%
EURO / BRAZILIAN REAL (EUR/BRL) 0.54% 6.3746 Delayed Quote.40.72%
All news about CARREFOUR
11/27STEAK OUT : China's coronavirus testing chokes beef trade
RE
11/26CARREFOUR : French watchdog fines Carrefour 3 million euros for privacy rule bre..
RE
11/26Carrefour Brasil to donate Nov. 26 and 27 store profits following Black man's..
RE
11/24Carrefour Brasil expresses regret after new protests about Black killing
RE
11/23Carrefour Brasil shares plunge as Brazilians protest killing of Black man at ..
RE
11/20Violence erupts in Brazil after Black man beaten to death at Carrefour store
RE
11/20Amazon bows to French pressure to push back 'Black Friday' sales
RE
11/20AMAZON COM : Galeries Lafayette CEO says coronavirus crisis could halve 2020 rev..
RE
11/19Retailers in France open to idea of delaying 'Black Friday' - ministry
RE
11/18French government calls on giant retailers to delay Black Friday sales
RE
More news
Financials
Sales 2020 71 757 M 85 843 M 85 843 M
Net income 2020 765 M 916 M 916 M
Net Debt 2020 6 766 M 8 094 M 8 094 M
P/E ratio 2020 13,6x
Yield 2020 3,47%
Capitalization 11 112 M 13 286 M 13 294 M
EV / Sales 2020 0,25x
EV / Sales 2021 0,23x
Nbr of Employees 321 383
Free-Float 75,3%
Chart CARREFOUR
Duration : Period :
Carrefour Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CARREFOUR
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 19
Average target price 17,65 €
Last Close Price 13,75 €
Spread / Highest target 45,5%
Spread / Average Target 28,4%
Spread / Lowest Target -24,1%
EPS Revisions
Managers
NameTitle
Alexandre Bompard Chairman & Chief Executive Officer
Matthieu Malige Chief Financial Officer
Nicolas Bazire Non-Independent Director
Jean-Laurent Bonnafé Director
Charles Edelstenne Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
CARREFOUR-8.03%13 286
COLES GROUP LIMITED21.63%17 691
YONGHUI SUPERSTORES CO., LTD.2.65%11 049
ICA GRUPPEN AB-5.86%9 747
KOBE BUSSAN CO., LTD.84.27%7 246
E-MART INC.20.78%3 772