Carrefour SA (CRERF)
- Reuters
UPDATE 1-Carrefour Brasil's gross sales up 2.5% in first quarter
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.
- Reuters
Carrefour Brasil's gross sales up 2.5% in first quarter
SAO PAULO (Reuters) -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.
- Simply Wall St.
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