Carrefour third-quarter sales accelerate with Brazil, France improving

Carrefour third-quarter sales accelerate with Brazil, France improving
 

World number-two retailer Carrefour said on Wednesday that sales growth accelerated in the third quarter, reflecting robust sales in Brazil and an improving performance in its core French market despite a difficult environment there.
Trading conditions remained difficult in China amid slowing consumption, with sales falling 7.8 percent on a like-for-like basis in the country.
Europe's largest retailer said third-quarter sales were 21.781 billion euros (19.47 billion pounds), slightly above the median analyst estimates for 21.709 billion in a ThomsonReuters poll.
Stripping out fuel and... read more

 
19 October 2016 in Business, Views: 41
Source: Reuters
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