Carrefour

Carrefour has pulled back its annual targets because of the ongoing protests in France: adjusted earnings per share are now expected to be only stable or slightly higher in 2026 instead of increasing by high single digits. The recurring operating margin is now expected to improve by only 0–15 basis points, free net cash flow should decline slightly, and investments in France have been cut by €100 million to €1.6 billion. Closed stores, reduced opening hours, higher security and logistics costs, and possible damage from looting are weighing on the business; the stock fell sharply by more than 10% on Wednesday. » Mere på wiwo.de

Carrefour has lowered its full-year forecasts because of nationwide unrest: adjusted earnings per share are now expected to remain flat or grow only slightly instead of the previously forecast high single-digit increase. The company also trimmed its 2026 targets for recurring operating margin, free net cash flow and capital expenditures. CEO Alexandre Bompard called the situation in France unprecedented and warned of significant uncertainty around consumer spending, higher costs and restricted store operations. » Mere på finanzen.net

In a large-scale cyberattack, refrigerators and freezers in several French supermarkets were manipulated. Carrefour reports disruptions mainly in about 80 of its roughly 6,000 stores; other chains such as Intermarché/Netto and Coopérative U are also affected. According to reports, the attack targeted the service provider Danfoss, forcing the disposal of many products and leaving the extent of the damage unclear. The Paris public prosecutor’s cybercrime division is investigating after fires were also reported. » Mere på finanzen.net