When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
CRRFY - Carrefour: A Preview Of First-Half 2020 Results
Carrefour S.A. ADR
In the latest Q1-2020 revenues highlights, Carrefour (CRRFY) reported a 7.8% increase in sales compared to the same quarter last year. This strong performance in the first three months of the year benefited partly from the precautionary purchases by alarmed customers during March in the context of the health crisis linked to the COVID-19 epidemic.
Now, given the normal 3% quarterly progression in sales seen in 2019, this exceptional 7.8% increase is leaving investors wondering whether this is the right time to invest. Interestingly, the stock price is down 20% since the last