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Name | Symbol | Market | Type |
---|---|---|---|
Casino Guichard Perrachon SA (CE) | USOTC:CGUSY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.10 | 0.00 | 01:00:00 |
By Anthony Shevlin
Casino Guichard-Perrachon SA (CO.FR) said Tuesday that third-quarter sales fell slightly and confirmed its full-year guidance.
The French retailer said sales for the period fell 2.4% to 8.92 billion euros ($10.29 billion). Organic sales grew 5.4% during the quarter, helped by accelerated growth in France and Latin America.
Sales in its domestic market of France were EUR5.28 billion, the company said.
In September, Casino reaffirmed its 2018 financial targets following a downgrade by credit rating agency S&P.
The company's shares are down over 22% since the beginning of the year, despite recovering from a sharp fall at the end of summer.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin
(END) Dow Jones Newswires
October 18, 2018 12:12 ET (16:12 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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