Brief: Carrefour Q3 Sales Rise LFL 2.3% YoY To EUR 22.69 Billion
BRIEF-Carrefour Q3 Sales Rise LFL 2.3% YoY To EUR 22.69 Billion Oct 20 (Reuters) - Carrefour SA CARR.PA:
Q3 SALES RISE LFL 2.3% YOY TO EUR 22.69 BILLION, (COMPANY COMPILED CONSENSUS: RISE LFL 2.1% TO EUR 22.71 BILLION)
Q3 SALES IN FRANCE RISE LFL 1.2% YOY TO EUR 11.90 BILLION (COMPANY COMPILED CONSENSUS: RISE LFL 1.3% TO EUR 11.87 BILLION)
ADJUSTS 2026 GUIDANCE ON WORSENING SOCIAL AND SECURITY SITUATION IN FRANCE
OUTLOOK 2026: GROWTH IN ROI WITH 0 TO 15 BPS GROWTH IN MARGIN (PRIOR: 25 BPS)
OUTLOOK 2026: STABLE TO SLIGHT GROWTH IN ADJUSTED EPS VERSUS 2025 (PRIOR: HIGH SINGLE-DIGIT GROWTH)
OUTLOOK 2026: SLIGHT DECLINE IN NET FREE CASH-FLOW (PRIOR: SLIGHT GROWTH)
LOWER CUSTOMER FOOTFALL, REDUCED OPENING HOURS DUE TO CURFEWS, MORE OPERATING COSTS ON SECURITY AND LOGISTICS WILL AFFECT OPERATING CONDITIONS
CEO: FRANCE RIOTS AFFECTED "SIGNIFICANT NUMBER" OF STORES IN URBAN AREAS AND "PLACED OUR TEAMS IN PARTICULARLY DIFFICULT SITUATIONS"
CFO: COSTS RELATED TO RIOTS ADD UP TO TENS OF MILLIONS OF EUROS IN DAMAGE, STOLEN PRODUCTS, AND LOSS OF SALES FROM CLOSED STORES
CFO: AROUND 50 STORES WERE DIRECTLY HIT BY RIOTS, MANY MORE WERE FORCED TO CLOSE TEMPORARILY AS A PROTECTIVE MEASURE
Source text: here
Further company coverage: CARR.PA
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