Jul 24, 2024 / 04:15PM GMT
Alexandre Bompard - Carrefour SA - Chairman of the Board, Chief Executive Officer
Good evening to all of you. Thank you for joining today's call to present our performance for the first half of 2024. Before giving numbers, I'd like to provide context about our current situation, the current economic context is mixed. In Brazil, we see more positive consumption trends with higher food inflation and lower interest rates.
On the other end consumer spending in Europe remains low, even though inflation rates have stabilized, people keep shopping more frequently, but buying fewer items each time with a focus on promotions. In addition, adverse weather conditions across most European countries have significantly impacted traffic in hypermarkets on the sales of nonfood items are seasonal products. Some factors seem to fuel a gradual recovery in purchasing power, in particular, will wage growth should ultimately result in giving households more budget flexibility.
The French National Institute of Statistics forecasting a growth of 0.9% in 2024 after only 0.3% in 2023. However, many uncertainties
Half Year 2024 Carrefour SA Earnings Call Transcript
Jul 24, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers