Carrefour Q2 sales rise 6.3%

Carrefour SA, the world’s second-largest retailer behind Wal-Mart Stores, said Thursday that its revenue increased 6.3% in the second quarter.The French retailer credited growth in Latin America and Asia for the strong performance.Carrefour said that it also gained market share in France, which accounts for 40% of its sales. According to reports, improving the company’s performance in its home country has been a top priority for the new CEO Lars Olofsson, who took the helm last year.Revenue rose to euro24.92 billion ($31.97 billion) in the three months through June, from euro23.44 billion a year ago.Sales rose 34% in Carrefour's