Company Earnings Update 2 minutesRegister for Free AccessCarrefour (ENXTPA: CA) 1H18 Results: Sales Disappoint, but Company Makes “Significant Advances” in Carrefour 2022 Plan Coresight Research July 27, 2018 Executive Summary Carrefour reported a 3.0% year-over-year decline in revenues in 1H18, disappointing analysts, who had been expecting a small increase in sales. However, adjusted operating income came in slightly ahead of the consensus estimate. Group comparable sales were up 0.7% in 1H18, with French comps broadly flat year over year. For FY18, analysts expect Carrefour’s revenues to fall by 0.3%, to €78.7 billion, and for its EBIT to decline by 7.3%, yielding an EBIT margin of 2.4%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US Consumer Tracker Extra: Seasonal Shopping, 2Q23—Easter, Mother’s Day, Father’s Day and Holiday 2023Generative AI Latest: Empowering Productivity and Marketing Globally, Regulations for Responsible Use in ChinaUS Consumer Tracker: Fewer Consumers Trade Down To Combat InflationEarnings Insights 4Q22, Week 2: Colgate-Palmolive, Deckers and Skechers Post Strong Results; Amazon’s Online Sales Slow