Carrefour SA is a French company that is primarily engaged in retail distribution. The Company operates a network of hypermarkets, supermarkets, hard discount stores, convenience stores and cash-and-carry outlets. The Company's hypermarkets, under the Carrefour brand, offer a range of food and non-food products. Carrefour SA's supermarket chains include Champion and GS brands, which primarily offer food, clothing and household goods. The Company's hard discount stores include Dia, Ed and Minipreco, and offer a reduced selection of products at discount prices. Its convenience stores include Shopi and Proxi and offer a range of convenience products and services. Carrefour SA's cash-and-carry stores, such as Promocash and Docks Market, offer wholesale products for businesses. The Company also offers Internet shopping through its online cyber-markets. Carrefour SA has over 15,000 stores, either own or franchised. The Company is present in 33 countries worldwide.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Carrefour SA's total revenue decreased 1% to EUR41.97B. Net loss from continuing operations totaled EUR58M, vs. a profit of EUR774M. Total revenue reflects a decrease in demand for the Company's products and services in France and Rest of Europe geographic segments. Net loss from continuing operations reflects the impact of exceptional charges as higher financial costs.