Carrefour falls more than 10% on the stock market after cutting forecasts over unrest in France
Carrefour cut its 2026 targets due to the deterioration of the social and security situation in France, and its shares fell as much as 11.9% at Wednesday's open, making it the worst performer on the CAC 40. The company estimates the unrest will reduce operating profit by between 80 and 200 million euros. Third-quarter sales rose 3.9% to 22.694 billion euros. Morgan Stanley downgraded the stock to neutral.
In 40 seconds
- Carrefour now expects recurring operating margin growth of between 0 and 15 basis points this year, versus more than 25 in July.
- The finance chief estimates an impact of between 80 and 200 million euros on operating profit from the unrest.
- About 50 stores were attacked and many of its roughly 6,000 outlets in France closed preventively on Sunday and Monday.
IASummary generated by artificial intelligence from a story by Finect. It may contain errors: the original source prevails.



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