Radar Telegram alerts Open Radar

French chain Carrefour has cut its profit forecast for 2026 due to riots, riots and store looting. The company estimates the possible impact on operating results at 80-200 million euros. After the revision of expectations, its shares fell by 15%, and the capitalization decreased by about 1.7 billion euros. The CEO of Carrefour, Alexander Bompard, reported damage to about 50 stores. In addition to direct destruction, the business faced forced closures of retail stores and security costs. The retailer was particularly vulnerable to what happened in France, as the domestic market accounts for a large share of its sales. The scope of the consequences goes far beyond one chain: more than 3,000 French businesses were damaged during the protests, and the total insured business losses are estimated at 1.2 billion euros. For Carrefour, the turmoil resulted in trading losses, additional costs and a sharp valuation of the company by investors.

Экономистика · Source

French chain Carrefour has cut its profit forecast for 2026 due to riots, riots and store looting. The company estimates the possible impact on operating results at 80-200 million euros. After the revision of expectations, its shares fell by 15%, and the capitalization decreased by about 1.7 billion euros. The CEO of Carrefour, Alexander Bompard, reported damage to about 50 stores. In addition to direct destruction, the business faced forced closures of retail stores and security costs. The retailer was particularly vulnerable to what happened in France, as the domestic market accounts for a large share of its sales. The scope of the consequences goes far beyond one chain: more than 3,000 French businesses were damaged during the protests, and the total insured business losses are estimated at 1.2 billion euros. For Carrefour, the turmoil resulted in trading losses, additional costs and a sharp valuation of the company by investors.

French chain Carrefour has cut its profit forecast for 2026 due to riots, riots and store looting. The company estimates the possible impact on operating results at 80-200 million euros. After the revision of expectations, its shares fell by 15%, and the capitalization decreased by about 1.7 billion euros. The CEO of Carrefour, Alexander Bompard, reported damage to about 50 stores. In addition to direct destruction, the business faced forced closures of retail stores and security costs. The retailer was particularly vulnerable to what happened in France, as the domestic market accounts for a large share of its sales. The scope of the consequences goes far beyond one chain: more than 3,000 French businesses were damaged during the protests, and the total insured business losses are estimated at 1.2 billion euros. For Carrefour, the turmoil resulted in trading losses, additional costs and a sharp valuation of the company by investors.

Share on WhatsApp Get alerts on Telegram