• Carrefour cut its 2026 outlook as social unrest and security concerns in France weaken consumption, disrupt stores and raise operating costs.
• Recurring operating profit should rise, with operating margin expanding 0–15 basis points versus the previous 25-basis-point target.
• Adjusted earnings per share are expected flat or slightly higher versus 2025, replacing a high-single-digit growth forecast.
• Net free cash flow is forecast to decline slightly, reversing expectations for slight growth.
• Capital expenditure is now targeted at EUR 1.6 billion versus EUR 1.7 billion, reflecting reduced investment in France through year-end.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carrefour SA published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.