Carrefour H1 sales rose 10% to €44.8 billion as its French hypermarkets gained market share for the first time in years. Brazil growth and e-commerce gains also supported results.
Alpha Score of 66 reflects moderate overall profile with strong momentum, strong value, poor quality. Based on 3 of 4 signals — score is capped at 90 until remaining data ingests.
Carrefour posted a 10% increase in first-half sales, the French retailer said on Monday, as its domestic hypermarket chain held market share against discount competitors and its Brazilian unit kept growing.
Revenue for the 26 weeks ending 30 June 2026 reached €44.8 billion, the company said in a filing. Like-for-like growth, stripping out currency swings and store openings, came in at 6.8%.
France, Carrefour's biggest market, saw sales rise 8.2% on a same-store basis. The retailer has been renovating its large-format hypermarkets and cutting prices on staple goods to draw shoppers back from Leclerc and Lidl. The strategy appears to be working: Carrefour said its French hypermarket chain gained 0.3 percentage points of market share in the period, the first such gain in several years.
Brazil, Carrefour's second-largest market, grew 12% in local-currency terms, driven by its Atacadão cash-and-carry chain. The unit now accounts for roughly 30% of group revenue.
Dora, an analyst at AlphaScala, noted the company's stock market analysis suggests the French market share gain is the most important number in the report. "Carrefour has been losing ground in its home market for years," she said. "If this quarter marks a genuine turnaround, the valuation case changes materially."
E-commerce sales rose 22% year-on-year, the company said, with online grocery orders now accounting for 8% of total French food sales.
Carrefour's Alpha Score sits at 66 out of 100, a Moderate rating, within the Consumer Defensive sector. The full profile is available on the CRRFY stock page.
The retailer maintained its full-year guidance for free cash flow of at least €1.7 billion and said it would update its medium-term plan at a capital markets day in November.
Carrefour shares trade in Paris and over-the-counter in New York. The stock has risen 4% this year, underperforming the Stoxx Europe 600 Retail Index, which is up 7%.
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