date:Apr 19, 2013
ts thanks to an increased discount offering.
Carrefour shares closed down 1.07 percent at 20.40 euros, underperforming a 0.57 percent decline in the European retail sector and a 0.07 percent rise in Casino shares.
They trade at 14.4 times estimated 2013 earnings, against 14.9 times for Casino and 11.5 times for Tesco.
The stock is up 63 percent since bottoming out last July, and up 7 percent this year, a boost for top stakeholder Blue Capital, controlled by LVMH head Bernard Arnault, and U.S.