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: Analyst Corner—Checking In on the Financial Health of the US Consumer, with John MercerHoliday 2022: US Retail Wrap-UpWeekly US and UK Store Openings and Closures Tracker 2024, Week 9: Macy’s Announces Store Opening and Closure PlansMay 2023 US Retail Sales: Resilient Consumers Drive Retail Sales Growth