date:Apr 11, 2014
Carrefour SA (CA), Frances largest retailer, reported first-quarter revenue that matched analysts estimates as a recovery at its Spanish and Belgian units contrasted with weakness in Italy and China.
Revenue fell 3.7% to 19.8 billion ($27 billion), Boulogne-Billancourt, France-based Carrefour said today. That matched the median of 13 analysts estimates compiled by Bloomberg. Sales at stores open a year or more advanced 0.7%, excluding currency swings.
Carrefour, which is weighing selling a st