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Carrefour shares plunge up to 12% following downward revision of annual profit outlook

CNBC ·

  1. 1Carrefour shares fell by as much as 12% on Wednesday.
  2. 2Carrefour lowered its operating margin growth outlook from 0 to 15 basis points.
  3. 3Carrefour determined that consumer trends and operating conditions are deteriorating due to unprecedented situations in France.

So what's the key point?

Carrefour shares fell by as much as 12% on Wednesday.

Source CNBC · View original ↗

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