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: December 2022 US Housing Market Indicators: Pending, Existing and New Home Sales All Decline as Affordability Gap WidensEssential Guide to Shoptalk 2024: Strategies and Opportunities Across Five Retail ThemesIndia’s Post-Pandemic Retail Revival: Five Key Trends Signaling the Brick-and-Mortar ComebackHow US Consumers Are Shopping for Groceries: Analyzing Traffic, Ticket, E-Commerce and Private Label
