Carrefour shares plunge 13.8% on profit warning amid French riot looting

Carrefour issued a profit warning on Tuesday citing damage and disruption from riots that erupted during Saturday's cost-of-living protests in France, sending its shares down 13.8% to €14.05. The violence, involving looting of stores, marks an escalation from peaceful demonstrations and directly impacts retailer earnings. The market reaction reflects immediate financial losses and potential broader consumer-sector risk if unrest persists.

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