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European retailers Carrefour, Metro see revival at home
date:Aug 01, 2014
a debt default by Argentina was manageable, but it would slow planned investments in the country.

Carrefour shares, which trade at 16 times forward earnings to 14 times for Metro and 10.8 times for British rival Tesco , were down 3.5 percent, underperforming a 0.9 percent weaker European retail stocks index.

MARGINS VS LOW PRICES

Bernstein analyst Bruno Monteyne questioned the sustainability of Carrefour's 20 basis point improvement in its gross margin in France to 3 percent after it chose no

12/21 23:06