Carrefour

CA: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Carrefour: Decent Growth in the Quarter, but Political Headwinds Abound; Lowering Valuation

Verushka Shetty

Oct 21, 2026

Carrefour’s third-quarter 2026 trading update included like-for-like growth of 2.3%, with 1.2% growth in France, 2.1% growth in Spain, and 1.4% growth in Brazil. Due to political tension in France, the group lowered its full-year expectations.

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Carrefour

Carrefour: Decent Growth in the Quarter, but Political Headwinds Abound; Lowering Valuation

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