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. 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 CPG Sales Tracker: Online Food and Beauty Growth Taper Off FurtherEarnings Insights 4Q22, Week 7: BJ’s Wholesale, Dick’s, JD.com and Ulta Beauty Post Strong Sales Growth; Gap Sees Sales DeclineChina Retail Unveiled: In-Depth Insights Presented at FIRA 2024 Annual MeetingBreathing New Life into the Shopping Experience: The Surge of the Resale Market—China Retail Insights