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Carrefour Shares Fall as Retailer's French First Quarter Sales Disappoint

Kamis, 21 April 2022 | 16:41 WIB
Carrefour Shares Fall as Retailer's French First Quarter Sales Disappoint

ILUSTRASI. Carrefour reported first-quarter sales that showed a lacklustre performance in its core French market. REUTERS/Regis Duvignau/File Photo

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - PARIS. Shares in Carrefour fell nearly 4% on Thursday after Europe's largest food retailer reported first-quarter sales that showed a lacklustre performance in its core French market, overshadowing more robust growth in Brazil.

The French retailer said on Wednesday, it was confident about its 2022 outlook, confirming a key cash flow target for the year. But this was not enough to support the shares following a 26% rise so far this year.


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