Carrefoursa's Q3 Loss Widens to 2.0 Billion Lira Year on Year
Carrefoursa posted a third-quarter loss of 2.0 billion lira, up from 1.6 billion a year earlier, while revenue fell to 23.2 billion lira.
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what happened
Turkish retailer Carrefoursa Carrefour Sabancı Ticaret Merkezi reported its third-quarter results on Tuesday. The company lost 2.0 billion Turkish lira, compared with a loss of 1.6 billion lira a year earlier.
Quarterly revenue came in at 23.2 billion lira, down from 26.9 billion lira a year ago. The information is reported by Reuters, citing the company.
why it matters
The loss widened while sales fell roughly 14% year on year. For investors this signals weak business momentum, which could weigh on sentiment around the company's shares on Borsa Istanbul.
market impact
Carrefoursa shares: a wider loss and lower revenue weigh on the stock
tags
instruments
sources
- Carrefoursa Carrefour Q3 Loss Widens To 2.0 Bln Lira YoY — Reuters, 28 October 2026 at 05:04 UTC
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