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Carrefour ADR CRRFY

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Economic Moat

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About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

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. About 78% of sales are in Europe, with 19% 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

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