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    Home > Finance > French retailer Casino Q1 sales sequentially improve
    Finance

    French retailer Casino Q1 sales sequentially improve

    Published by Global Banking & Finance Review®

    Posted on April 29, 2025

    2 min read

    Last updated: January 24, 2026

    French retailer Casino Q1 sales sequentially improve - Finance news and analysis from Global Banking & Finance Review
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    Quick Summary

    Casino's Q1 sales declined 1.2%, improving from Q4. The retailer focuses on inner-city stores for a turnaround.

    Casino's Q1 Sales Show Sequential Improvement

    PARIS (Reuters) -Casino said on Tuesday that first-quarter comparable sales declined 1.2% to 2 billion euros ($2.28 billion), marking a sequential improvement from a 1.8% decline in the fourth quarter 2024, which the French food retailer said was confirmed by a positive trend since early April.

    The owner of the Monoprix, Franprix and Naturalia brands, said adjusted Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) in the first quarter reached 100 million euros, down 6 million euros from the first quarter 2024.

    "In an challenging economic climate, activity remained steady, while the financial performance continued to be impacted by the group's transformation," the statement said.

    Now owned by Czech billionaire Daniel Kretinsky, Casino has been attempting a turnaround through job cuts, disposals of large loss-making stores and a refocus on inner-city convenience stores such as Monoprix and Franprix.

    Casino, France's seventh-largest supermarket group by market share, was brought to the brink of default in 2023 after years of debt-fuelled acquisitions and a declining market share.

    In a separate statement, Monoprix and the Zouari family announced plans to franchise in a joint venture 27 Monop' stores in Paris and the Île-de-France region. The project includes a renovation plan for the stores. Jobs will not be affected and will be maintained, they said.

    ($1 = 0.8770 euros)

    (Reporting by Dominique Vidalon; Editing by GV De Clercq)

    Key Takeaways

    • •Casino's Q1 sales declined 1.2%, an improvement from Q4.
    • •EBITDA fell by 6 million euros compared to Q1 2024.
    • •Casino is focusing on inner-city convenience stores.
    • •Monoprix plans to franchise 27 stores in Paris.
    • •Casino aims for a turnaround amid economic challenges.

    Frequently Asked Questions about French retailer Casino Q1 sales sequentially improve

    1What is the main topic?

    The article discusses Casino's Q1 sales performance and strategic turnaround efforts.

    2How did Casino's Q1 sales perform?

    Casino's Q1 sales declined by 1.2%, showing improvement from the previous quarter.

    3What strategic changes is Casino implementing?

    Casino is focusing on inner-city convenience stores and franchising Monoprix stores.

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