Previous close | 15.69 |
Open | 15.79 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 15.75 - 15.94 |
52-week range | 14.89 - 18.93 |
Volume | |
Avg. volume | 1,778,554 |
Market cap | 10.96B |
Beta (5Y monthly) | 0.48 |
PE ratio (TTM) | 12.32 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.87 (5.54%) |
Ex-dividend date | 28 May 2024 |
1y target est | N/A |
Supermarket giant Carrefour is spending more on price cuts as it tries to win back market share, the company said on Wednesday as it announced a slight dip in sales in its core market of France. "The objective is to gain market share, obviously without starting a price war," finance chief Matthieu Malige told analysts on a call.
PARIS (Reuters) -Supermarket giant Carrefour is spending more on price cuts as it tries to win back market share, the company said on Wednesday as it announced a slight dip in sales in its core market of France. "The objective is to gain market share, obviously without starting a price war," finance chief Matthieu Malige told analysts on a call. Inflation is still putting pressure on consumers' disposable income, resulting in falling sales volumes, he added, saying that he hopes volumes will turn positive again later this year.
Brazilian retailer Carrefour Brasil on Tuesday reported a 2.5% year-on-year increase in its first-quarter gross sales, which totaled 27.8 billion reais ($5.42 billion) in the period. The company controlled by French retail giant Carrefour said in a securities filing that gross sales of its hybrid wholesale unit Atacadao, which accounts for nearly 70% of group activity, rose 6.6% to 19.3 billion reais. Carrefour Brasil's retail segment, meanwhile, saw gross sales slip 10.7% to 6.9 billion reais, also considering gasoline sales, as the company closed 123 stores by the end of the quarter as part of a portfolio reshuffle it started late last year.