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    Home > Finance > Carrefour shares fall as retailer's 2025 outlook disappoints
    Finance

    Carrefour shares fall as retailer's 2025 outlook disappoints

    Published by Global Banking & Finance Review®

    Posted on February 20, 2025

    1 min read

    Last updated: January 26, 2026

    The image depicts the Carrefour logo alongside a declining stock market graph, highlighting the retailer's disappointing 2025 growth outlook amidst falling consumer demand and earnings projections.
    Carrefour logo with stock market decline graph illustrating 2025 growth warning - Global Banking & Finance Review
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    Tags:retail tradefinancial managementcorporate profitsconsumer perception

    Quick Summary

    Carrefour shares dropped 7% after the retailer forecasted slight growth in 2025, citing weak consumer demand and no share buyback.

    Carrefour Shares Drop as Retailer Warns of Weak 2025 Growth Outlook

    LONDON (Reuters) - Carrefour shares fell sharply on Thursday after the French retailer sounded a note of caution on consumer demand and said it expects only "slight" growth in free cash flow and earnings before interest and tax in 2025.

    Carrefour shares were down 7% by 0904 GMT after its fourth-quarter results late on Wednesday showed comparable sales in France, its biggest market, fell again, with chief financial officer Matthieu Malige saying he does not see demand improving significantly in the short term.

    Carrefour's overall profit margin for the second half also missed expectations, hit by the retailer's push to lower prices, which it said it would continue this year as it competes against rivals like Leclerc, France's biggest supermarket retailer.

    Analysts said investors were also disappointed by the lack of a share buyback, which Carrefour's finance chief said was due to France recently implementing a tax on share buybacks. The retailer instead announced a special dividend.

    (Reporting by Helen Reid; Editing by Kirsten Donovan)

    Key Takeaways

    • •Carrefour shares fell 7% after a weak 2025 growth outlook.
    • •Comparable sales in France, Carrefour's biggest market, declined.
    • •Profit margins missed expectations due to price cuts.
    • •No share buyback due to new French tax; special dividend announced.
    • •Consumer demand is not expected to improve significantly soon.

    Frequently Asked Questions about Carrefour shares fall as retailer's 2025 outlook disappoints

    1What caused Carrefour's shares to fall?

    Carrefour shares fell sharply after the retailer expressed caution on consumer demand and projected only slight growth in free cash flow.

    2How did Carrefour's fourth-quarter results perform?

    The fourth-quarter results showed that comparable sales in France, Carrefour's largest market, fell again, contributing to the decline in share value.

    3What impact did the retailer's pricing strategy have?

    Carrefour's overall profit margin for the second half missed expectations due to its strategy of lowering prices to compete with rivals.

    4Why was there no share buyback announced by Carrefour?

    Analysts noted disappointment over the lack of a share buyback, which Carrefour's finance chief attributed to a new tax on share buybacks implemented in France.

    5What was the percentage drop in Carrefour shares?

    Carrefour shares were down 7% shortly after the announcement of their fourth-quarter results.

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