October 18, 2017 4 minutes

Groupe Casino (EPA: CO) 3Q17 Trading Update: Sales Beat Consensus, but Growth Stymied by Inflation in Brazil

Company Earnings Update
Primary Analyst:
Coresight Research
Contributors
Primary Analyst:
Coresight Research
October 18, 2017 4 minutes

Executive Summary

  • Groupe Casino reported that 3Q17 revenues were up 1.9% from the year-ago period and ahead of the consensus estimate. Comparable sales increased by 2.2%.
  • Comps in France grew by 0.6% and comps in Latin America were up 2.0%.
  • Cdiscount comps grew by an impressive 18.4%.

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Company Earnings Update

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