- Reuters•17 hours ago
Retailer Casino said on Tuesday it was confident it could further increase revenue and profitability this year, thanks to cost savings and improving sales in France and Brazil. Casino also told investors it would deliver on its French profit forecast for 2016 after fourth-quarter sales reflected an improvement in France, its biggest market, on a same-store basis, notably at the Geant hypermarkets and Monoprix stores.
- GlobeNewswire•21 hours ago
SALES AS OF 2016 Full-year 2016 sales up +5.7% on an organic basis; in France, gross food sales under banners (1) up +2.2% annually and market share up +0.1pt ...
- Reuters•21 hours ago
French retailer Casino said on Tuesday it would deliver on its French profit forecast for 2016 after fourth-quarter sales reflected an improvement in its home market on a same-store basis, notably at the Geant hypermarkets. In Brazil, its second-biggest market by revenue, food retail sales were robust, driven by the cash and carry Assai stores and sales revitalisation of the Extra hypermarkets, Casino said. Casino, whose credit rating was cut to junk by Standard & Poor's last March, is under pressure to revive profits in its biggest market in France, where it now makes more than 50 percent of its sales, at a time of slower growth in Brazil.
CO.PA: Summary for CASINO GUICHARD - Yahoo Finance
Casino, Guichard-Perrachon Société Anonyme (CO.PA)
Paris - Paris Delayed price. Currency in EUR
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|Bid||50.15 x 1500|
|Ask||51.50 x 36600|
|Day's range||49.28 - 52.21|
|52-week range||34.38 - 55.34|
|PE ratio (TTM)||0.83|
|Dividend & yield||0.00 (0.00%)|
|1y target est||N/A|