Previous Close | 16.48 |
Open | 16.45 |
Bid | 23.15 x 90000 |
Ask | 23.30 x 2500000 |
Day's Range | 16.39 - 16.58 |
52 Week Range | 15.51 - 23.68 |
Volume | 2,781,330 |
Avg. Volume | 3,491,642 |
Market Cap | 12.535B |
Beta | 0.94 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.70 |
Earnings Date | Mar 8, 2017 - Mar 13, 2017 |
Forward Dividend & Yield | 0.46 (2.87%) |
Ex-Dividend Date | 2018-06-21 |
1y Target Est | 19.99 |
French retailer Carrefour SA (CARR.PA) will offer voluntary buyouts to workers in Argentina in an effort to stem three years of losses, but will not lay off any workers, Argentina's Labor Ministry said in a statement on Friday. The grocery chain filed a "crisis prevention" application with the Ministry on April 6, spurring negotiations between the company, the government, and the Argentine Federation of Commerce and Service Workers union. A Carrefour spokesman told Reuters the company would pay workers who agreed to leave voluntarily up to 50 percent more than the normal severance costs associated with letting workers go in Argentina.
It's too early to judge French supermarket boss, but he has some catching up to do.
FirstGroup hit a four-month high after saying late on Wednesday that it had rejected a takeover approach from Apollo Management. The Greyhound bus operator said the “highly conditional” cash proposal “fundamentally ...
Carrefour's (CARR.PA) shares fell on Thursday to touch their lowest level since October 2012, after the French food retailer reported a slowdown in sales growth during the first quarter. Carrefour shares were down 3.16 percent by 0701 GMT, the worst performer on the CAC-40 (.FCHI) index of French blue-chip stocks. Late on Wednesday, Carrefour had given a cautious outlook for this year after sales growth slowed in the first quarter, with continued weakness in its core French market suggesting that the supermarket chain faces a long road to recovery.
French retailer Carrefour (CARR.PA) agreed to voluntary buy-outs with workers in Argentina as part of a crisis prevention plan that aims to end three years of losses, a union representative said on Wednesday. Angel Martínez, spokesman for the Argentine Federation of Commerce and Service Workers (FAECYS), said the company had agreed to pay 50 percent more than the normal cost of letting workers go in Argentina. "If we had not done these negotiations, Carrefour would have left Argentina," Martinez said in a telephone interview.
French retailer Carrefour agreed to voluntary buy-outs with workers in Argentina as part of a crisis prevention plan that aims to end three years of losses, a union representative said on Wednesday. Angel Martínez, spokesman for the Argentine Federation of Commerce and Service Workers (FAECYS), said the company had agreed to pay 50 percent more than the normal cost of letting workers go in Argentina.
Petrobras Distribuidora SA will provide up to 760 million liters of fuel to 20 hypermarkets an self-service stores owned by Carrefour SA for three years, the company said in a Tuesday filing. BR Distribuidora, ...
Carrefour (CARR.PA) gave a cautious outlook for this year after sales growth slowed in the first quarter, with continued weakness in its core French market suggesting that the supermarket chain faces a long road to recovery. Europe's largest retailer had in January announced plans to cut costs and jobs, boost e-commerce investment and seek a partnership in China in an effort to lift profit and revenue and help it to contend with competition from U.S. online retail giant Amazon (AMZN.O). "This quarter further demonstrates that Carrefour's 2022 transformation plan is the right strategy," Malige said.
Carrefour gave a cautious outlook for this year after sales growth slowed in the first quarter, with continued weakness in its core French market suggesting that the supermarket chain faces a long road to recovery. The goal has eluded several predecessors in the face of online competition from the likes of Amazon and discounting from rivals including unlisted Leclerc, which has overtaken Carrefour as France's top food retailer by market share.
Gross sales at food retailer Carrefour Brasil SA increased 6 percent in the first quarter from the same period a year earlier to 12.29 billion reais ($3.6 billion), though as in previous quarters, stubborn food price deflation limited gains. In a securities filing late on Tuesday, the company said same-store sales, a measure of revenue from stores open at least 12 months, rose 2.3 percent in the quarter when calendar effects, or different numbers and timing of selling days, were taken into account. Without taking into account calendar effects, same-store sales grew a more modest 0.4 percent.
Carrefour, the world’s second-largest retailer by revenues, said on Wednesday after market close that sales growth slowed in the first quarter, dragged down by difficult conditions and continued strong ...
Gross sales at food retailer Carrefour Brasil SA rose 6 percent to 12.289 billion reais in the first quarter from the year before, according to a securities filing on Tuesday. Same-store sales, a measure ...
Carrefour SA is considering offering some workers in Argentina voluntary buyouts as the supermarket chain seeks to return to profit, according to a person with direct knowledge.
PARIS (AP) — Workers at France's Carrefour supermarkets are striking to protest planned job cuts.
Carrefour said it has joined forces with Google to create an online voice assistant called "Lea" as part of the French retailer's digital expansion. Europe's largest retailer announced plans in January to invest 2.8 billion euros ($3.5 billion) in digital commerce by 2022, six times its current investment, in the face of competition from Alexa owner Amazon. Alexa's chief rival is Google Assistant.
Carrefour said it has joined forces with Google to create an online voice assistant called "Lea" as part of the French retailer's digital expansion. Europe's largest retailer announced plans in January to invest 2.8 billion euros ($3.5 billion) in digital commerce by 2022, six times its current investment, in the face of competition from Alexa owner Amazon. Alexa's chief rival is Google Assistant.
Carrefour SA said on Thursday that it has acquired a majority stake in the French meal-kit delivery startup Quitoque SAS.
French supermarket chain Leclerc, which launches a home delivery service in Paris this month, also aims to open click and collect stores and hypermarkets in the capital. Leclerc is France's biggest food retailer by market share but most of its 681 stores around the country are outside big cities. Tackling the lucrative Paris market is its next frontier for expansion and Chief Executive Michel-Edouard Leclerc said it will take three years to establish a solid foothold in the city.
French supermarket chain Leclerc, which launches a home delivery service in Paris this month, also aims to open click and collect stores and hypermarkets in the capital. Leclerc is France's biggest food retailer by market share but most of its 681 stores around the country are outside big cities. Tackling the lucrative Paris market is its next frontier for expansion and Chief Executive Michel-Edouard Leclerc said it will take three years to establish a solid foothold in the city.
PARIS (Reuters) - French retailer Carrefour (CARR.PA) said on Thursday it was buying a majority stake in Quitoque, a French company that delivers meal kits to homes, as part of plans to beef up its digital ...
Under pressure to increase profits, Carrefour boss Alexandre Bompard announced in January cost savings of 2 billion euros ($2.47 billion) by 2020. "The CFDT and FO unions at Carrefour call for all workers in all the group's companies to participate in a joint action on March 31," the CFDT union said in a statement. The unions are also opposed to a sharp cut in employees' profit share payout to 57 euros from 600 euros per worker.
Spanish discount food retailer Mercadona said on Tuesday it would invest 8.5 billion euros (7.53 billion pounds) in the next six years on refurbishing stores and improving logistics in a competitive Spanish market. Mercadona, which has become Spain's biggest supermarket chain and one of the country's biggest employers, with around 84,000 staff, intends to invest a record 1.5 billion euros in 2018, when it plans to open 11 new stores. "We are currently firmly committed towards investing to transform Mercadona (...), therefore more than 8.5 billion euros are expected to be invested from equity capital between 2018 and 2023," Chairman Juan Roig said.
Carrefour's shares fell on Thursday to touch their lowest level since October 2012, after the French food retailer reported a slowdown in sales growth during the first quarter. Kate King reports.