Company Earnings Update 3 minutesRegister for Free AccessCarrefour (ENXTPA: CA) 3Q19 Update: Latin America Strength Offsets Weakness in France Coresight Research October 23, 2019 Executive Summary Carrefour’s core French market proved weak in 3Q19, as comparable sales fell 0.9%, below the consensus estimate and weaker than the prior quarter. Hypermarkets were weak, with comps down 3.6%. Latin America drove growth, with a 12.8% uplift in comparable sales, outpacing analyst expectations of 11.8%. Management pointed to further progress toward targets under the Carrefour 2022 plan. In France, the company reduced promotions as it shifted to an everyday-low-price (EDLP) positioning. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Web3 and the Supply Chain: Blockchain, Digital Twins and More—Insights Presented at Shoptalk 2023April 2023 Monthly Consumer Update: US, UK and ChinaInsights Video: Earth Day 2023—Sustainability in Retail2023 US Tax Tracker #2: IRS Issues $127.3 Billion in Refunds, Number of Returns Up by 10.6%