Jeronimo Martins, SGPS S.A. JMT

Group sales rose 5.1% to EUR18.3 billion and EBITDA margin expanded 16 basis points, but Biedronka faces significant basket deflation and negative cash flow before dividends.

COLD adds Jeronimo Martins in Portugal, expanding Lisbon fulfillment and deepening its push into higher-value European retail logistics.

As the pan-European STOXX Europe 600 Index experienced a slight decline amid robust corporate earnings and ongoing geopolitical tensions, investors are increasingly focused on identifying opportunities in a market characterized by rising energy prices and inflationary pressures. In this environment, discerning undervalued stocks requires careful consideration of fundamentals such as earnings growth potential, financial health, and resilience to external economic challenges.

French media reported last year that Carrefour was considering an exit from Poland and had brought in JP Morgan to advise on a possible transaction.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.