Streetbeat News

CRRFY

Carrefour

http://www.carrefour.com/

CEO

Alexandre Bompard

Industry

Offices of Other Holding Companies

Open

2.84

Mkt cap

9.1B

Volume

9.8K

High

2.84

P/E Ratio

12.28

52-wk high

3.75

Low

2.82

Div yield

0.07

52-wk low

2.53

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Portfolio Pulse from

February 27, 2025 | 12:15 pm

Carrefour is considered undervalued with a P/E of 7-8x, offering a 6% yield and potential upside. The market underestimates its European consolidation and omnichannel efforts. Growth in EBITDA, recurring income, and free cash flow is expected, with share buybacks enhancing value.

Portfolio Pulse from

January 28, 2025 | 4:30 pm

The Iraq retail industry has seen significant growth from 2020 to 2023, driven by modern retail formats, urbanization, and a rising middle class. Key players include Carrefour, Ekur Market, and others.

Portfolio Pulse from

January 27, 2025 | 10:00 am

Carrefour's shares have dropped 17% in the past year, presenting a buying opportunity with a free cash flow yield of 32%. The company has a strong balance sheet, with manageable debt levels and an investment-grade credit rating from S&P and Fitch. Future growth plans include expanding private brands, e-commerce, and cost reductions, though execution remains a key risk.

Portfolio Pulse from

January 27, 2025 | 7:00 am

The 'Enterprise Tech Ecosystem Series: Carrefour S.A. 2024' report highlights Carrefour's technology initiatives, acquisitions, partnerships, and ICT budget for 2024. The report is now available on ResearchAndMarkets.com.

Portfolio Pulse from

January 20, 2025 | 9:30 am

Carrefour, Europe's largest food retailer, expressed regret over tensions caused by its decision to exclude South American meat from its French shelves, which was seen as questioning its partnership with Brazilian agriculture.

Portfolio Pulse from

November 26, 2024 | 12:30 pm

Carrefour SA (OTC:CRRFY) and PepsiCo Inc (NASDAQ:PEP) have resolved their three-month dispute over grocery prices, leading to the restocking of PepsiCo products, including Cheetos, in Carrefour stores in France. Negotiations for returns in four other countries are ongoing. The disagreement began in early January when Carrefour stopped carrying PepsiCo products due to unacceptable price increases. This dispute affected about 10,000 Carrefour stores across Europe, with these stores accounting for approximately 0.27% of PepsiCo's global revenue.

Portfolio Pulse from Shivani Kumaresan

April 04, 2024 | 1:39 pm

Sanofi SA (NASDAQ:SNY) is sponsoring the 2024 Olympic Games in Paris to transform its image and attract a younger workforce. The company is joining other French companies like LVMH and Carrefour in this endeavor. Sanofi's commitment includes backing athletes and involving over 8,000 employees in the Games. The financial investment is speculated to be a significant sum, though exact figures are not disclosed. The impact on investor sentiment is uncertain given Sanofi's recent financial challenges and business model changes. SNY shares closed at $51.76 on Tuesday.

Portfolio Pulse from Vandana Singh

January 10, 2024 | 11:36 am

PepsiCo Inc (NASDAQ:PEP) clarified that it initiated the breakup with Carrefour (OTC:CRRFY), contrary to previous reports. The split is due to a deadlock in contract negotiations over price increases. PepsiCo's decision to stop supplying Carrefour's European stores is a response to Carrefour's announcement to stop selling PepsiCo products in France, Italy, Spain, and Belgium. The dispute is significant as it involves approximately 0.25% of PepsiCo's global revenue and occurs amidst French government pressure on suppliers to lower prices due to high food inflation.

Portfolio Pulse from Benzinga Neuro

January 09, 2024 | 11:37 am

Carrefour SA has decided to stop selling PepsiCo products in its French stores due to what it considers 'unacceptable price increases.' This decision follows PepsiCo's announcement of modest price hikes earlier in October. The move is part of a larger trend where retailers are pushing back against price increases from consumer goods companies. The French government is also taking steps to combat inflation by urging earlier price negotiations. Carrefour's stock (CRRFY) closed lower by 1.08% at $3.66 on Wednesday.

Portfolio Pulse from Shivani Kumaresan

January 04, 2024 | 2:15 pm

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