Carrefour Cuts Profit Forecast Due to French Riots and Cyber Attack

• Carrefour reported that about 50 stores and nearly 20 supermarkets were ransacked during French riots.
• The CEO of Carrefour, Alexandre Bompard, condemned the rioters and estimated repair costs to exceed $11 million.
• The damage to Carrefour stores occurred days after a cyber attack targeted supermarket fridges.
• Carrefour has adjusted its profit forecast due to the combined impact of the riots and the cyber attack.
• The retailer is assessing the full financial impact of the incidents.