Carrefour Cuts 2026 Forecast Over French Riots
Carrefour lowered its annual earnings forecast after riots and looting in France disrupted store operations and inflicted up to 200 million euros in damages. The supermarket chain reported widespread closures and reduced consumer footfall heading into the key fourth-quarter shopping period.
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CARREFOUR SA cut its annual earnings forecast by up to €200M ($225M) on Tuesday after riots and looting disrupted trading across France. The supermarket chain now expects stable to slight growth in 2026 adjusted EPS, down from its prior high single-digit growth forecast. The profit warning highlights the escalating economic toll of civil unrest heading into the key fourth-quarter retail season.
