Carrefour shares fall 14% after cutting 2026 guidance on French unrest
Source Summary
Carrefour reduced its full-year 2026 financial forecasts, citing worsening social unrest and security conditions in France as headwinds to consumer spending. The supermarket group's share price fell 14% following the announcement.
Why it matters
A major retailer's downward earnings revision signals deteriorating consumer demand and business conditions in a major European economy.
