CA.PA - Carrefour SA
| Previous Close | 15.440 |
| Open | 15.340 |
| Bid | 0.000 x 0 |
| Ask | 0.000 x 0 |
| Day's Range | 15.195 - 15.385 |
| 52 Week Range | 12.955 - 20.875 |
| Volume | 2,566,584 |
| Avg. Volume | 4,121,276 |
| Market Cap | 11.846B |
| Beta | 0.94 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.701 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.46 (3.19%) |
| Ex-Dividend Date | 2018-06-21 |
| 1y Target Est | 18.39 |
- Financial Times•6 days ago
[$$] Casino shares plunge to 22-year low on valuation concerns
hit their lowest point since 1996 after questions about the retailer’s valuation, already under pressure due to fierce competition in the sector, increased concerns about its debt levels. Analysts at Bernstein warned on Wednesday that investors should be paying close attention to Casino’s related party transactions involving mainly French franchisees. Casino shares dropped as much as 10 per cent in response while shares in its parent company Rallye were down close to 8 per cent at one point as investors digested what a fall in valuation might mean for the heavily indebted group.
- The Telegraph•8 days ago
Tesco eyes price cuts through Carrefour buying partnership
Tesco eyes price cuts through Carrefour buying partnership
- Reuters•8 days ago
Carrefour, Tesco alliance to become operational in October
PARIS (Reuters) - Supermarket retailers Carrefour (CARR.PA) and Tesco (TSCO.L) said on Monday that they expected their previously-announced purchasing alliance to become operational in October. The companies ...
- Thomson Reuters StreetEvents•12 days ago
Edited Transcript of CA.PA earnings conference call or presentation 26-Jul-18 4:15pm GMT
Half Year 2018 Carrefour SA Earnings Call
- Bloomberg•14 days ago
Dubai Malls Operator Revenue Climbs as Expansion Offsets VAT
Majid Al Futtaim Holding LLC, the Dubai-based conglomerate which operates Carrefour SA stores in the Middle East, posted a 13 percent increase in revenue during the first half, as the company’s regional expansion helped weather the impact of value-added taxation at home. Sales climbed to 17.8 billion dirhams ($4.85 billion) from a year earlier despite “adverse market conditions,” Chief Executive Officer Alain Bejjani told Bloomberg TV on Tuesday in Dubai.
- CNBC•18 days ago
Europe markets set for fourth week of gains; Carrefour soars 11%
European markets were on track for their fourth straight week of gains on earnings. Investors are also looking ahead to key growth data due out in the U.S. later in Friday's session.
- Reuters•18 days ago
Carrefour confident of turnaround after first-half profit rise
Carrefour (CARR.PA) CEO Alexandre Bompard on Thursday expressed confidence in his turnaround strategy after Europe's largest retailer posted a stronger-than-expected 5.8 percent rise in first-half operating profits. The performance reflected cost savings of 520 million euros and robust sales in Brazil, which helped offset weakness in the core French market amid cut-throat competition among supermarket retailers. "The first half was a major step forward and a sign Carrefour has changed.
- Reuters•19 days ago
Carrefour Brasil says trucker strike cut Q2 retail sales 1.7 pct
Carrefour Brasil, the nation's largest retailer, said a truckers strike in May reduced its retail sales by 1.7 percent in the second quarter, executives told analysts on Thursday. Carrefour on Wednesday reported a 47 percent increase in net income for the quarter helped by an expansion in Atacadão sales.
- Reuters•19 days ago
Carrefour Brasil beats quarterly profit estimates
Carrefour Brasil, the nation's largest retailer, beat second-quarter profit estimates, helped by an expansion in sales of its cash-and-carry division, known as Atacadao, the company said in a securities filing on Wednesday. The Brazilian unit of France's Carrefour SA posted second-quarter net income of 440 million reais ($119.31 million), 47 percent above the same period last year, topping the Reuters consensus estimate of 366 million reais. Carrefour Brasil, like arch rival GPA, owned by France's Casino Guichard Perrachon SA, has made a significant bet on the cash-and-carry format, a no-frills wholesale-style shopping experience for final customers.
- Reuters•29 days ago
French anti-trust authority to probe supermarket purchasing alliances
France's antitrust authority said on Monday it will investigate whether several purchasing alliances recently sealed by French and European supermarket retailers threatened competition rules. The probe on that last alliance was also widened to include the tie-up between Carrefour and Tesco. The probes will assess "the competitive impact of these purchasing alliances on the markets concerned for suppliers and for consumers," said the anti-trust body in a statement.
Reuters•29 days agoFrench anti-trust authority to probe supermarket purchasing alliances
France's antitrust authority said on Monday it will investigate the potential impact of several purchasing alliances recently sealed by French and European supermarket retailers. The probe on that last alliance was also widened to include the tie-up between Carrefour and Tesco (TSCO.L). The probes will assess "the competitive impact of these purchasing alliances on the markets concerned for suppliers and for consumers," the statement said.
- The Wall Street Journal•last month
[$$] European Equities Market Talk Roundup
investors were pleasantly surprised Thursday by news of the likely extension of U.S. market exclusivity for blockbuster drug Gilenya. “We, along with most investors, [had] assumed generic erosion post this date,” says Deutsche Bank’s Tim Race. If no generic competition materializes, the company may also establish Gilenya’s follow-on molecule siponimod, says Mr. Race.
Reuters•last monthGaleries Lafayette and Boulanger in consumer electronics deal
PARIS (Reuters) - Upmarket department store Galeries Lafayette said on Wednesday it will sell Boulanger household appliances and multimedia products in its stores, the latest alliance among brick-and-mortar ...
- Reuters•last month
Carrefour, Tesco deal to squeeze suppliers, big and small
PARIS/LONDON (Reuters) - A deal between Carrefour and Tesco to team up on global purchasing will help them not only cut prices but also expand their own-label ranges, tightening a squeeze on major brand producers such as Nestle and Kraft Heinz. The Carrefour-Tesco alliance will reset relationships with global suppliers like Unilever, Nestle and Procter & Gamble, at a time when they are already battling sluggish demand and start-up rivals. In a further blow to major consumer goods firms, the pair will also jointly source own-brand products, sales of which are growing rapidly in Europe due to the expansion of discounters like Aldi and Lidl which mostly stock private-label goods.
Reuters•last monthCarrefour, Tesco deal to squeeze suppliers, big and small
PARIS/LONDON (Reuters) - A deal between Carrefour (CARR.PA) and Tesco (TSCO.L) to team up on global purchasing will help them not only cut prices but also expand their own-label ranges, tightening a squeeze on major brand producers such as Nestle and Kraft Heinz. The Carrefour-Tesco alliance will reset relationships with global suppliers like Unilever (ULVR.L), Nestle (NESN.S) and Procter & Gamble (PG.N), at a time when they are already battling sluggish demand and start-up rivals. In a further blow to major consumer goods firms, the pair will also jointly source own-brand products, sales of which are growing rapidly in Europe due to the expansion of discounters like Aldi and Lidl which mostly stock private-label goods.
- The Wall Street Journal•last month
[$$] Grocery Giants Tesco, Carrefour Team Up Amid Amazon Threat
Two of the world’s biggest grocery chains, Tesco PLC and Carrefour SA, have struck a deal to collaborate on how they buy from suppliers in an effort to cut prices amid mounting competition from Amazon.com Inc. and other rivals. Tesco, Britain’s largest grocery chain, and Carrefour, the French giant, said they would jointly source certain products to lower prices, raise quality and broaden their product offerings. The deal is the latest in a string of moves by traditional grocers the world over as they race to find new ways to compete with Amazon’s growing food ambitions and fast-changing shopper behavior.
- Reuters•last month
Carrefour and Tesco up stakes with new purchasing alliance
PARIS/LONDON (Reuters) - Europe's largest supermarket groups Carrefour and Tesco have agreed to form a global purchasing alliance to demand better terms from major suppliers in the latest attempt by the industry to drive down costs. With combined annual sales of $170 billion, the partnership is designed to secure a better deal from the likes of Nestle, Procter & Gamble, Unilever, Danone and others to help the French and British groups to compete hard on price. Such alliances are becoming increasingly common in Europe's retail sector as supermarkets battle to keep prices down to counter German-owned discount groups Aldi and Lidl and the looming shadow of U.S. internet giant Amazon.
Associated Press•last monthSupermarket chains Tesco, Carrefour form strategic alliance
LONDON (AP) — Tesco and Carrefour, two of Europe's biggest supermarket chains, are teaming up to wring better deals out of suppliers as traditional retailers battle increased competition from internet traders.
- Bloomberg•last month
An Entente Cordiale Against the Wrath of Amazon
Tesco Plc and Carrefour SA are joining forces in a grocery "entente cordiale" against price pressure from Amazon.com Inc. and domestic rivals. This is a sensible rather than a radical solution to their problems, and may only work to defend margins rather than boost them. The logic here is simple: Carrefour and Tesco are teaming up to get better terms from suppliers.
- Bloomberg•last month
Tesco Teams Up With France's Carrefour
Tesco and Carrefour are forming a purchasing alliance to increase their leverage with suppliers in an effort to lower prices https://bloom.bg/2z1y5uf #tictocnews (Source: Bloomberg)
- Evening Standard•last month
Tesco in Carrefour tie-up as grocery deal frenzy ramps up
Supermarket giant Tesco on Monday unveiled an audacious tie-up with Carrefour, France’s largest grocer, in a bid to lower prices for shoppers and compete with a wave of industry consolidation. The FTSE 100 retailer said it plans to enter into a “strategic alliance” with the Paris-headquartered firm which has 12,300 stores in more than 30 countries. Carrefour’s boss Alexandre Bompard called it a “major” agreement.
- Fortune•last month
Why 2 of the World’s Biggest Supermarkets Are Joining Together to Buy Groceries
Through a global alliance that will apply to the joint purchasing of own-brand products, services, and other goods.
- Bloomberg Video•14 days ago
Majid Al Futtaim Expanding in Kenya, Egypt, Saudi Arabia, CEO Says
Jul.31 -- Alain Bejjani, chief executive officer of privately-owned Majid Al Futtaim Holding LLC, the Middle East operator of Carrefour SA stores, talks about the company's financial results, business strategy and outlook. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East."
Reuters Videos•last monthCarrefour and Tesco join forces to boost purchasing firepower
Europe's two largest supermarket groups, France's Carrefour and Britain's Tesco, plan to form a global purchasing alliance to cut costs in the face of competitive pressure. As Thuy Ong reports, the deal is the latest partnership in a European retail industry into which U.S. internet giant Amazon has made inroads in recent months.
