|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||0.000 - 0.000|
|52 Week Range|
|PE Ratio (TTM)||17.98|
|Forward Dividend & Yield||0.16 (3.90%)|
|1y Target Est||N/A|
Shares in French supermarket chain Carrefour slumped on Thursday after it warned 2017 operating profit could fall by around 12 percent. That in part, due to cut-throat competition, which as Kate King reports, has benefited other retailers like Germany's Metro.
French retailer Carrefour has named former Fnac Darty chief financial officer Matthieu Malige as its new finance chief, three months after its chief executive made the same move. The appointment of one ...
New Carrefour boss Alexandre Bompard has turned to a former colleague from Fnac Darty to be his finance chief as he strives to revive the world's second-biggest retailer. Carrefour said on Monday that former Fnac Darty chief financial officer Matthieu Malige, 43, would start with immediate effect, replacing Pierre Jean Sivignon, 60, who is stepping down for personal reasons.
New Carrefour (CARR.PA) boss Alexandre Bompard has turned to a former colleague from Fnac Darty to be his finance chief as he strives to revive the world's second-biggest retailer. Carrefour said on Monday that former Fnac Darty (FNAC.PA) chief financial officer Matthieu Malige, 43, would start with immediate effect, replacing Pierre Jean Sivignon, 60, who is stepping down for personal reasons.
Shares in Grupo Carrefour Brasil SA dropped the most since they went public in July, after Brazil's largest diversified retailer unexpectedly replaced chief executive Charles Desmartis with a 33-year veteran of parent Carrefour SA. In a Friday statement, Carrefour Brasil said Desmartis, who steered the company through Brazil's largest initial public offering in four years, will be replaced by Noël Prioux effective Oct. 2. Desmartis agreed to part ways with France's Carrefour, the statement said.
Carrefour's (CARR.PA) new boss on Friday named his leadership team, putting the man credited with reviving the retailer's Spanish operations in charge of turning around its business in France, its biggest market. Alexandre Bompard, who took over in July, is working on plans to try to revitalize Carrefour, the world's second biggest retailer, which warned last month its 2017 operating profit could fall by around 12 percent. In France, which accounts for nearly half of Carrefour's sales and 44 percent of operating profit, the group faces fierce price competition from online and other more nimble rivals.
The new boss of Carrefour (CARR.PA) could close some of the retailer's large hypermarket stores in France as part of plans to turn around the company, a union official said. The CEO's plans could also include converting some Carrefour hypermarkets into franchises and introducing Sunday opening for some of them, Force Ouvriere union representative Michel Enguelz told Reuters. Alexandre Bompard, who took over in July, said last month that he would provide details on his strategy by the end of the year after Carrefour - the world's second biggest retailer behind Wal-Mart (WMT.N) - warned its 2017 operating profit could fall by around 12 percent.
Categories: Yahoo FinanceGet free summary analysis Carrefour SA reports financial results for the half-year ended June 30, 2017. We analyze the earnings along side the following peers of Carrefour SA – CECONOMY AG Unsponsored ADR (MTTRY-US) that have also reported for this period. Highlights Summary numbers: Revenues of USD 43,321.71 million, Net Earnings of USD 86.46 million. ... Read more (Read more...)
Amazon’s acquisition of Whole Foods has added urgency to European supermarket chains’ scramble to cope with fast-changing consumer tastes and shift to online shopping.
European shares rose for a second day on Thursday following heavy losses on jitters over North Korea but posted a third straight month of decline, while a profit warning from Carrefour sank the retail sector. The pan-European STOXX 600 ended up 0.8 percent, boosted by strong gains for miners and construction stocks, while the retail sector dropped 1.3 percent.
European stocks rise Thursday, as basic resources shares gain following better-than-expected manufacturing data from China, but retail shares struggle after a warning from French supermarket chain Carrefour....
Carrefour SA shares fell the most on record after France’s biggest retailer warned the second half of the year will be as tough as the first, giving new Chief Executive Officer Alexandre Bompard an even ...
A sprawling new Food Safety Law has spawned a cottage industry of professional complainers who sue food manufacturers and retailers over infractions big and small.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Carrefour SA with the following peers – Royal Ahold Delhaize N.V. Sponsored ADR, Wm Morrison Supermarkets plc Unsponsored ADR, Tesco PLC Sponsored ADR and CECONOMY AG Unsponsored ADR (ADRNY-US, MRWSY-US, TSCDY-US and MTTRY-US). Dividend Quality Overview Dividend quality trend has not been consistent over the ... Read more (Read more...)
Grupo Carrefour Brasil SA, the local unit of France's Carrefour SA, will aim to maintain some equilibrium between price competitiveness and healthy margins to gain market share amid a slow economic recovery, executives said on Friday. Carrefour Brasil continued to gain participation in the segments of cash and carry, hypermarkets and convenience stores over the first half, Chief Executive Officer Charles Desmartis said in a conference call to discuss second-quarter results. Carrefour Brasil, which went public last month in Brazil's largest initial public offering in four years, earned 279 million reais ($88 million) in profit last quarter - up 9.9 percent from the year-ago period.
Grupo Carrefour Brasil SA, the local unit of France's Carrefour SA, will aim to maintain some equilibrium between price competitiveness and healthy margins to gain market share, executives said on Friday. ...
SAO PAULO/BOGOTA (Reuters) - The busiest week for initial public offerings in Brazil in four years ended on Friday on an upbeat note for issuers, as a nascent economic recovery and the passage of key economic reforms helped to lure global investors. Grupo Biotoscana SA, a Colombia-based pharmaceutical firm, and shareholders raised 1.34 billion reais ($426.7 million) in a Friday IPO. Three days earlier, the IPO of Brazil's biggest diversified retailer Grupo Carrefour Brasil SA fetched 5.12 billion reais.
Carrefour SA board member Abilio Diniz said on Thursday the initial public offering of the retailer's Brazilian unit shows the country is overcoming its harshest recession in a century as shares slipped in their market debut. The stock had priced at the 15 reais floor of a suggested price range in a deal that raised 5.12 billion reais ($1.6 billion).