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Carrefour ADR CRRFY

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Morningstar’s Analysis

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Company Profile

Business Description

Carrefour is a multiformat retailer with operations in more than 30 countries, over 12,000 stores worldwide, 1,200 drive outlets and a workforce of 360,000 people. Established in 1959, it is slowly diversifying away from the original large hypermarket format, although hypermarkets still account for the majority of sales in France. Its focus on developing smaller stores has reduced exposure to the nonfood category (17% of group sales). About 77% of sales are in Europe, with 20% in Latin America and 3% in Asia.

Contact
93 Avenue de Paris, Massy Cedex
Paris, 91889, France
T +33 164505000
Sector Consumer Defensive
Industry Grocery Stores
Most Recent Earnings
Fiscal Year End Dec 31, 2020
Stock Type
Employees 322,164