Shares of CarrefourSA, Carrefour's Turkish subsidiary, fell 10% on Wednesday, reaching their lowest level since mid-July. The decline followed the company's announcement of a wider third-quarter net loss.
CarrefourSA reported a third-quarter net loss of 2.0 billion liras ($40.13 million). It recorded a loss of 1.6 billion liras in the same period a year earlier.
Third-quarter revenue fell to 23.2 billion liras, down from 26.9 billion liras a year earlier.