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Companies >
France >
Food Wholesale & Retail >
Casino, Guichard-Perrachon SA >
Research >
French revenue growth halts in Q1; LatAm remains in the driving seat

  • 03 May 2019

French revenue growth halts in Q1; LatAm remains in the driving seat


Casino, Guichard-Perrachon SA (CO:PAR) | 0 0 0.8% | Mkt Cap: 5,066m


  • AlphaValue
    • Nishant Choudhary

    • 3 pages

Food Wholesale & Retail image


 
Food Wholesale & Retail image


Casino’s Q1 sales witnessed a strong momentum in LatAm (led by Brazil) but French same store sales were softer vs our expectations. This was largely due to tougher comps, the adverse impact of the yellow vest movement in January and February. Although the exit rate was better in the last month, it would be crucial parameter for market sentiment going forward. We believe management will be able to achieve profit guidance and optimism might seep in starting with the H1 results. No change ....


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See all the research we have on this company.

French revenue growth halts in Q1; LatAm remains in the driving seat


Casino, Guichard-Perrachon SA (CO:PAR) | 0 0 0.8% | Mkt Cap: 5,066m


  • Published: 03 May 2019
  • Author: Nishant Choudhary
  • Pages: 3
  • AlphaValue


Casino’s Q1 sales witnessed a strong momentum in LatAm (led by Brazil) but French same store sales were softer vs our expectations. This was largely due to tougher comps, the adverse impact of the yellow vest movement in January and February. Although the exit rate was better in the last month, it would be crucial parameter for market sentiment going forward. We believe management will be able to achieve profit guidance and optimism might seep in starting with the H1 results. No change ....



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