Carrefour Plunges, Randstad Rises, EssilorLuxottica Gains
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Carrefour lowered its full-year financial targets, blaming recent social unrest in France for undermining consumer confidence and keeping shoppers away. The shares fell the most since 2020.
- Randstad delivered a beat on organic growth and adjusted Ebit in the third quarter. Jefferies said, however, that upside will be limited due to a miss on gross margins.
- EssilorLuxottica posted third-quarter revenue that surpassed analysts’ estimates, fueling a double-digit rebound in the shares, as sales were powered by growth in the Ray-Ban maker’s traditional eyewear businesses.
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