CA.PA - Carrefour SA
| Previous Close | 17.03 |
| Open | 16.94 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 16.81 - 17.18 |
| 52 Week Range | 12.95 - 19.73 |
| Volume | 5,355,779 |
| Avg. Volume | 3,753,137 |
| Market Cap | 13.311B |
| Beta (3Y Monthly) | 0.95 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.92 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.46 (2.96%) |
| Ex-Dividend Date | 2018-06-21 |
| 1y Target Est | 18.44 |
- The Wall Street Journal•4 days ago
[$$] European Corporate News Roundup
Thursday’s busy corporate news agenda includes a $2.1 billion U.S. acquisition by Novartis and a host of blue-chip trading updates.
Reuters•4 days agoRetailer Carrefour's shares surge after third-quarter sales rise
PARIS (Reuters) - Shares in French supermarket retailer Carrefour (CARR.PA) surged on Thursday after Carrefour reported that sales growth accelerated in the third quarter, reflecting improving sales in ...
Reuters•4 days agoCarrefour confident over overhaul as third-quarter sales accelerate
Carrefour (CARR.PA) said on Wednesday it was confident its overhaul plan was on track after sales growth accelerated in the third quarter, reflecting improving sales in its core French and Brazilian markets. Weakness in Spain and Italy due to competitive pressures and tough economic conditions were however a reminder that Europe's largest retailer still faced headwinds on the road to recovery. Carrefour is in the midst of a five-year plan to cut costs and jobs, boost E-commerce investment and seek a partnership in China with Tencent in a bid to boost profits and revenues and help it tackle competition from Amazon (AMZN.O).
- Reuters•4 days ago
Carrefour confident over overhaul as Q3 sales accelerate
Carrefour said on Wednesday it was confident its overhaul plan was on track after sales growth accelerated in the third quarter, reflecting improving sales in its core French and Brazilian markets. Carrefour is in the midst of a five-year plan to cut costs and jobs, boost E-commerce investment and seek a partnership in China with Tencent in a bid to boost profits and revenues and help it tackle competition from Amazon. It is reaping the benefits of price cuts, an expansion into convenience stores, and a greater focus on organic products and private-labels, having recently sealed a purchasing alliance with British rival Tesco.
- Reuters•4 days ago
BRIEF-Carrefour says consensus on 2018 EBIT consistent with group performance
Oct 17 (Reuters) - Carrefour CFO Matthieu Malige tells analysts: * CFO SAYS THE MARKET CONSENSUS FOR FULL YEAR 2018 EBIT IS CONSISTENT WITH THE PERFORMANCE OF THE GROUP OVER THE NINE MONTHS * CFO SAYS ...
- Reuters•5 days ago
E-commerce helps boost quarterly revenue at Carrefour Brasil
Brazilian retailer Carrefour Brasil posted a strong boost in third-quarter sales on Tuesday, supported in part by the end of a deflationary cycle for food products and strong growth of the firm's e-commerce initiatives. In a securities filing, the Brazilian unit of France's Carrefour SA said revenue rose 8.1 percent in the third quarter from a year ago to 14 billion reais ($3.76 billion). Carrefour Brasil, like competitor GPA - owned by France's Casino Guichard Perrachon SA - has consistently posted rises in net revenue in recent quarters, as a downturn in Brazil's food retail market eases and both firms expand significantly.
- Reuters•6 days ago
Brazilian police refer ex-BRF executives to prosecutors in food probe
Brazilian police have referred two former executives of food processor BRF SA to federal prosecutors in an investigation into food safety that disrupted meat production in 2017, documents seen by Reuters showed on Monday. The allegation is that former BRF Chairman Abilio Diniz and former Chief Executive Officer Pedro de Andrade Faria did not disclose damaging information when they were at the company.
- Reuters•13 days ago
Chickens and eggs: Retailer Carrefour adopts blockchain to track fresh produce
Europe's largest retailer Carrefour SA has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and will deploy it across all of its fresh product lines in coming years. The French retail giant said it will rely on blockchain technology developed by IBM, which is working with a number of retailers, logistics firms and growers to roll out systems to secure their global supply chains. IBM Food Trust allows the industry to track and share information on how products are grown, processed and shipped.
Reuters•13 days agoChickens and eggs: Retailer Carrefour adopts blockchain to track fresh produce
Europe's largest retailer Carrefour SA (CARR.PA) has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and will deploy it across all of its fresh product lines in coming years. The French retail giant said it will rely on blockchain technology developed by IBM (IBM.N), which is working with a number of retailers, logistics firms and growers to roll out systems to secure their global supply chains. IBM Food Trust allows the industry to track and share information on how products are grown, processed and shipped.
- The Wall Street Journal•27 days ago
[$$] French Retailers Carrefour and Casino Disagree on Deal Talks
PARIS—French retail giants Carrefour SA and Casino Guichard-Perrachon SA held preliminary talks to explore deals between the two companies earlier this month, according to people familiar with the matter. The dispute burst into public view late Sunday evening, when Casino published a press release saying Carrefour had contacted the company about a possible deal but that its board had unanimously rejected the approach. Carrefour fired back saying that it had made no such approach.
- Bloomberg•27 days ago
Earning the Right to Get Swindled
Individuals can only invest in public companies that trade on stock exchanges, publish financial statements every three months, and are generally subject to a fairly strict regime of regulation and vetting. If you are moderately affluent—if you have a net worth of more than $1 million not counting your house, or an annual income of more than $200,000 a year—then you qualify as an “accredited investor” and can invest in private placements that are not subject to the disclosure and auditing requirements of the public markets. Here is a Wall Street Journal article about how only 1.5 million households were accredited investors when the rules were put in place in 1982, but now 16 million are.
- Reuters•27 days ago
Carrefour Brasil will invest $443 mln in store openings in 2019
Carrefour Brasil, the nation's largest retailer, is going to spend 1.8 billion reais in 2019 to open new stores, the company said in a statement to Reuters. Brazilian newspaper Valor Economico reported ...
- Bloomberg•28 days ago
Casino and Carrefour's French Farce
Casino – which has been struggling recently – kicked things off at the weekend by saying it had rejected an approach from Carrefour. The latter responded by saying it hadn’t “solicited” Casino nor submitted a merger proposal. Analysts at UBS estimate the potential tie-up could generate synergies of 1.5 billion euros ($1.8 billion).
Reuters•28 days agoCasino rejects merger approach that Carrefour denies making
Two of France's biggest supermarket groups were locked in a dispute on Monday after Casino said it had rejected a tie-up approach from larger rival Carrefour that Carrefour denied ever making. Two sources with knowledge of the matter told Reuters there had been a meeting on Sept. 12 between Carrefour head Alexandre Bompard and Casino's boss Jean-Charles Naouri to discuss a broad range of topics regarding opportunities for the two. France's supermarket groups are looking for ways to bolster profits after a protracted price war at home, and are also under pressure to modernise to counter the moves of online giant Amazon and others into the sector.
- Reuters•28 days ago
CEOs of Casino and Carrefour met on Sept 12 - sources
The heads of French supermarket retailers Casino (CASP.PA) and Carrefour (CARR.PA) met on Sept 12 to discuss a broad range of topics regarding opportunities for the two companies, said two sources with knowledge of the matter. The morning meeting between Carrefour head Alexandre Bompard and Casino's boss Jean-Charles Naouri took place at an unidentified third party location, the sources added. Separately, a French government source said the French government was not aware of any merger talks between Casino and Carrefour.
- Reuters•28 days ago
Retailer Casino says it rejected Carrefour approach, which Carrefour denies making
French supermarket group Casino , whose shares have slumped this year due to concerns over its debt, said it had rejected a tie-up approach from domestic rival Carrefour, although Carrefour denied making any overtures. Casino said it had been contacted by Carrefour in recent days over a possible tie-up, but noted regulatory hurdles to any such deal given the two companies' strong positions in the French grocery sector.
- The Wall Street Journal•28 days ago
[$$] Carrefour Denies Making Merger Proposal to Casino
“Carrefour denies having solicited Casino and is surprised that Casino’s board of directors would have been submitted a merger proposal that does not exist,” Carrefour said in a statement. “Focused on the implementation of its 2022 transformation plan, Carrefour is reviewing its legal options in order to stop these unacceptable innuendoes,” it said.
- Bloomberg•28 days ago
Casino Says It Rejected Offer That Carrefour Denies Making
France’s grocery sector was thrown into tumult after Casino Guichard-Perrachon SA alleged it got approached about a merger by Carrefour SA, which denied making any proposal. Casino, the embattled owner of Monoprix and Geant supermarkets, said just before midnight Sunday that its board held a meeting after being contacted by Carrefour about a possible combination. Four hours later, Carrefour shot back that the statement was groundless -- even as Casino stuck to its guns and detailed a meeting between company executives.
- Reuters•last month
French retailer Leclerc to sponsor Tour de France polka dot jersey in 2019
French retailer Leclerc said it will replace rival Carrefour (CARR.PA) as the sponsor of the Tour de France cycling race's polka dot jersey, which is awarded to the best climber, from 2019. Privately-owned Leclerc is France's largest food retailer by market share. Carrefour said in May that it would end its contracts as official sponsor of the French Football Federation and of the Tour de France, the world’s most famous cycling race.
Reuters Videos•13 days agoCarrefour to use blockchain to track all fresh products by 2022
Europe's largest retailer Carrefour has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and will deploy it across all of its fresh product lines in coming years. Julian Satterthwaite reports