PARIS — Carrefour SA, the world’s second-largest retailer behind Wal-Mart Stores Inc., said sales swung back to growth mode during the fourth quarter, despite what it called a “persistently challenging” environment.
The better-than-expected quarterly performance helped the company post a full-year operating profit of 2.77 billion euros, or $3.87 billion, exceeding its most recent guidance for a figure at the lower end of its target range of 2.7 billion euros, or $3.76 billion, to 2.8 billion euros, or $3.9 billion. Carrefour, which will disclose its full 2009 results on Feb. 19, did not provide a net profit figure.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"