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CGUSY Casino Guichard Perrachon SA (CE)

0.10
0.00 (0.00%)
18 Jul 2024 - Closed
Delayed by 15 minutes
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

Casino Reports Lower 3Q Sales, Backs Guidance

18/10/2018 5:27pm

Dow Jones News


Casino Guichard Perrachon (CE) (USOTC:CGUSY)
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From Jul 2019 to Jul 2024

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   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.

1 Year Casino Guichard Perrachon (CE) Chart

1 Year Casino Guichard Perrachon (CE) Chart

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1 Month Casino Guichard Perrachon (CE) Chart