Carrefour Sales Beat Forecasts, Driven by Growth in France and Brazil
Second-quarter like-for-like sales rose 1.9%, above estimates, as France grew for a fifth straight quarter and Brazil returned to expansion.
- Carrefour reported better-than-expected second-quarter sales on Thursday, rising 1.9% on a like-for-like basis and exceeding the analyst consensus estimate of 1.6%, driven by improving momentum in France and Brazil.
- Finance chief Matthieu Malige attributed part of the strong results to seasonal demand during June's heatwave, when the retailer sold 200,000 fans and air-conditioning units plus more than 7 million bags of ice in a single week.
- First-Half recurring operating income rose to 757 million euros from 727 million euros a year earlier, while sales in France grew for the fifth consecutive quarter with a 1% like-for-like increase.
- Carrefour is pursuing a strategic plan to gain market share and boost profitability through price cuts and digital investments, targeting annual cost savings of 1 billion euros by 2030.
- Investors have welcomed the retailer's sharper operational focus on core markets following an intensified dialogue that included the CSR Capital Market Day, as expansion efforts continue in Brazil.
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Carrefour Brasil Results Show Return to Growth in H1 2026
Brazil · Companies Key Facts —Group H1 net income €345 million (~US$393 million), up 26.8% year-on-year —Brazil recurring operating income €359 million (~US$409 million), up 5.8% year-on-year —Brazil like-for-like sales -0.1% for H1, but rebounded to +0.4% in Q2 from -0.8% in Q1 —Brazil operating margin 4.0%, up 9 basis points year-on-year —Group Q2 like-for-like […] The post Carrefour Brasil Results Show Return to Growth in H1 2026 appeared fir…
Carrefour posted a net profit of 30 million euros in the first half of 2026. The distributor benefited from a food consumption deemed resistant and increased sales in France.
This is what Alexandre Bompard said in a conversation with investors.The chain also announced that sales volumes in the country were positive in June for the first time since December 2023.He said they expect an improvement in the second semester.
Carrefour satisfied with slight margin growth - RetailDetail EU
Despite a challenging geopolitical environment, Carrefour posted solid revenue growth in its three core markets—France, Spain, and Brazil—during the first half of the year, although its operating profit fell slightly short of expectations.
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