Carrefour Stock News

Carrefour (CRERF) is leveraging cost-cutting and private-label expansion to drive market share while doing a good job of sustaining profits. The acquisition of Cora & Match strengthens its French presence, with expected annual synergies of €130 million and more profits once lapping integration costs. The relatively new convenience store initiative has been effective in supporting LFL growth in ...

Carrefour , Europe's biggest food retailer, has agreed to sell its Italian business to local company NewPrinces.

Italian food and beverage manufacturer Newprinces said on Friday it would consider other acquisitions, if the opportunity arises, after buying Carrefour's loss-making business in Italy.

Carrefour , Europe's biggest food retailer, is in exclusive talks to sell its loss-making business in Italy to NewPrinces Group, it said on Thursday, as part of a strategic review kicked off earlier this year.

Carrefour is transforming into a higher-margin, omnichannel platform, leveraging private-label growth, and cost savings to boost profitability. The market undervalues Carrefour, ignoring its retail media potential, private-label expansion, and successful cost-saving programs, despite trading at a deep discount and offering a 9% yield. Risks include fierce price competition in Europe and FX vola...

Carrefour has seen persistently weak growth in France and Europe, which account for 75% of all sales. Performance in Latin America has been more robust, but currency losses have muted reported results in Euros. Even so, Carrefour manages to deliver stronger sales in Q1 2025, driven largely by recent M&A. A low payout ratio should allow Carrefour to pursue external growth in the future.

PARIS--(BUSINESS WIRE)--Carrefour is the first grocer in Europe to use VusionGroup's EdgeSense solution.

The grocer sold a 7% shareholding in Carmila for $194.5 million as part of a strategic review of its portfolio.