Carrefour Reports 0.6% Drop In Q3 Comparable Sales

Carrefour SA CRRFY reported a 0.4% rise in its Q3 sales including value-added-tax and excluding petrol. Its quarterly sales climbed to €20.36 billion ($28.1 billion), and dropped 0.6% on a comparable basis. In France, its sales declined 1.9% and 2.3% on a comparable basis. However, in Western Europe, sales dropped 3.5% and 2.2%, respectively. CRRFY shares gained 3.40% to close at $4.87 yesterday.