Company Earnings UpdateCasino Group (ENXTPA: CO) 4Q18 Update: French Protests Drag on Sales Growth Coresight Research January 18, 2019 Executive Summary Casino Group reported a weak 4Q18 in its core French market, with French comparable sales excluding Cdiscount up 0.5%, versus 1.9% in 3Q18 and below the consensus estimate of 1.1%. The weakness in France was evident across formats except the discounter Leader Price, which turned in consensus-beating comparable sales growth of 2.1%. Management noted that Monoprix’s e-commerce sales grew double-digits, supported by sales via Amazon Prime Now and a “sharp acceleration” in Monoprix’s online fashion business. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Head-to-Head in Global Luxury Retailing: Kering vs. LVMHSentiment Holds Steady As August Tariffs Deadline Looms: China Consumer Survey Insights4Q24 Earnings Season Wrap-Up: Widespread Positive Sales Growth Recorded This QuarterThree Months to Singles’ Day 2025: Simplified Promotions, Government Support and Payment Ecosystem Convergence To Fuel Growth
