Insight Report 3 minutes Premium

Groupe Casino (EPA: CO) 3Q18 Trading Update: With Amazon Prime Now Trial Ahead of Plan, France Remains Steady, While Latin America Accelerates

Executive Summary

  • Groupe Casino reported steady growth in French comparable sales, which rose by 1.9% year over year in 3Q18.
  • General merchandise website Cdiscount saw revenues fall but gross merchandise volume increase, due to a higher proportion of third-party sales. Comp growth in Latin America accelerated.
  • In France, Monoprix recently started selling via Amazon Prime Now and management reported that the number of orders placed through Prime Now had exceeded its projections.

This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.
If you wish to learn more about our subscription plans and become a paying subscriber, click here.