Carrefour Stock News

Europe's largest food retailer Carrefour said on Tuesday it regretted that a pledge to keep South American meat off its shelves in France was perceived as "putting in doubt its partnership with Brazilian agriculture".

Im Konflikt um das geplante Freihandelsabkommen zwischen dem südamerikanischen Wirtschaftsbund Mercosur und der EU boykottieren die größten brasilianischen Fleischkonzerne die Supermarktkette Carrefour FR0000120172.

Brazil's government has blasted French retailer Carrefour after its CEO vowed to keep South American meat off its shelves in France in solidarity with farmers, calling the comments part of a wider push to undermine a pending trade deal.

French supermarket retailer Carrefour said on Monday it is reviewing how its staff are treated at its Saudi Arabia franchise Majid Al Futtaim, after Amnesty International raised concerns over how staff were treated in the country.

Carrefour's turnaround strategy under CEO Alexandre Bompard shows promise with increased store count, cost savings, and improved free cash flow leading to higher shareholder returns. Despite strong performance in Latin America, European sales and operating income are under pressure, requiring price investments and cost measures to maintain market share. The company offers a high dividend yield ...

Press release – Neuilly-sur-Seine, October 16, 2024 – 5.45 pm ARGAN and CARREFOUR bring a former industrial brownfield back to life in Caen with the biggest Aut0nom®logistics site in France After 15 months of works, the CARREFOUR SUPPLY CHAIN teams just took possession of their new Aut0nom® logistics platform in a size of 82,000 sq.m, in Mondeville. This project, which was together led by ARGAN...

Carrefour SA has continued to see strong earnings growth in spite of sales pressure across the French market. Store growth across France continues to expand. I take a bullish view of Carrefour SA.

Buy rating for CRRFY due to cheap valuation, positive profit performance in France, strong Brazil performance, and stable overall P&L trends. The area to monitor is that the rest of Europe is still struggling. CRRFY trading at attractive levels and is offering ~6% dividend yield.