Previous Close | 15.88 |
Open | 15.97 |
Bid | 15.95 x 0 |
Ask | 15.95 x 0 |
Day's Range | 15.97 - 15.97 |
52 Week Range | 14.97 - 18.93 |
Volume | |
Avg. Volume | 5 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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From shrinkflation labels to low-cost family meal deals, here’s how food retailers outside the U.S. are tackling consumers’ grocery budget concerns.
Carrefour, Europe's largest retailer, said on Tuesday it was confident about this year as it reported record cash flow of 1.62 billion euros ($1.8 billion) for 2023 and operating profit up 18.5% in its core French market amid high inflation. The solid results and strong cash generation allowed Carrefour to hand investors a 55% dividend increase to 0.87 euros per share and launch a new share buyback scheme worth 700 million euros. "In 2024, the group should see a more favourable market environment in Europe with the ongoing recovery of consumers' purchasing power," Chief Financial Officer Matthieu Malige told reporters.
"We don't go up very quickly and we don't tend to crash back down, we like the idea of seeing the cycle through."