Company Earnings UpdateCasino Group (ENXTPA: CO) 1H19 Results: Losses Deepen Due to Seasonality of Tax Credits and Higher Operating Expenses Coresight Research July 26, 2019 Executive Summary Casino Group reported 1H19 net sales of €17.84 billion, up 3.5% year over year at constant currency (up 0.3% year over year as reported) and missing the consensus estimate of €17.93 billion by StreetAccount. The company reported a net loss from continuing operations attributable to the company’s shareholders of €226 million compared to a net loss of €68 million in the same period last year, and missing the consensus net profit estimate of $26 million. Casino Group hopes to grow trading profit by 10% for the current fiscal year and raised its cost savings target to €130 million in France for the current fiscal year from its earlier target of €100 million. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Sentiment; Tariff Perceptions; Inflation Reactions—Taking the Consumer Pulse on Essentials: US Consumer Survey InsightsThe State of US Consumer Sentiment: Insights Presented at NARG Spring Meeting 2025Head-to-Head in US Warehouse Club Retailing: Costco vs. Sam’s ClubAnalyst Corner: Wayfair Turns a Profit for the First Time in Four Years—Four Drivers of Its Performance, with Madhav Pitaliya
