Company Earnings Update 3 minutesRegister for Free AccessCarrefour (ENXTPA: CA) 1Q19 Update: A Stronger-than-Expected Quarter as Performance Improves in France Coresight Research April 25, 2019 Executive Summary Carrefour reported comparable sales growth of 2.7% in 1Q19, strengthening from the prior quarter and beating analyst expectations. Strengthening comp growth in France to 1.0%, including 2.0% comp growth in food, supported this outperformance. In France, general merchandise remained a drag on Carrefour’s overall performance. Management pointed to “numerous initiatives” to strengthen Carrefour’s competitiveness across markets, with major price-cut campaigns in France. 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: The Closure of Zulily: Analyzing Its Impacts on Rivals and StakeholdersEarnings Insights 1Q24, Week 1: L’Oréal and Skechers Report Positive Sales Growth, Columbia Sportswear and Levi’s Post Sales DeclinesChina’s National Day Golden Week 2024: Wrap-Up—A Comeback for Consumption?Home and Home-Improvement Shopping in Focus: US Consumer Survey Insights
