Core Viewpoint - Carrefour SA is a significant player in the global retail market, operating a wide network of hypermarkets, supermarkets, and convenience stores, primarily in Europe, Latin America, and Asia, while facing competition from retail giants like Walmart and Tesco [1] Financial Performance - On February 18, 2026, Carrefour reported an earnings per share (EPS) of $0.29, matching market expectations, with actual revenue reaching approximately $48.4 billion, slightly exceeding estimates [2][6] - During the Q4 2025 earnings call, Carrefour's management discussed key financial metrics, revealing a price-to-earnings (P/E) ratio of 35.19 and a price-to-sales ratio of 0.12, indicating a relatively low market valuation compared to its sales [3] Valuation Metrics - Carrefour's enterprise value to sales ratio stands at 0.26, and the enterprise value to operating cash flow ratio is 5.84, reflecting the company's total valuation in relation to its revenue and cash flow efficiency [4] - An earnings yield of 2.84% indicates a modest return on earnings, while a debt-to-equity ratio of 1.69 suggests a higher level of debt compared to equity, highlighting Carrefour's financial structure [4][6] Liquidity and Financial Health - The company's current ratio of 0.90 suggests potential liquidity challenges in covering short-term liabilities, which is crucial for understanding Carrefour's ability to meet immediate financial obligations [5]

Core Insights - Getty Realty has acquired 12 convenience stores in Houston, Texas, for $100 million in a sale-leaseback deal with Now & Forever [1][2] - The properties average over 8,000 square feet and are located in key retail areas of Houston [1] - Getty Realty has established a long-term net lease with Now & Forever, featuring a 15-year initial term and scheduled rent increases every five years [2] Financial Performance - As of June 30, 2025, Getty Realty's portfolio consists of 1,137 properties across 44 states and Washington DC [3] - The company invested $233 million in convenience and automotive retail assets in the year leading up to October, achieving a 7.9% initial cash yield [3] - For the second quarter of 2025, Getty Realty reported net earnings per share (EPS) of $0.24 [3] Strategic Outlook - Getty Realty's president and CEO highlighted positive business momentum, including new investment opportunities and an increase in full-year 2025 earnings guidance [4] - The company is well-positioned for the second half of 2025 due to a strong balance sheet and liquidity [4]

Core Insights - Getty Realty Corp. has completed a sale leaseback transaction acquiring 12 convenience stores for $100 million, entering into a long-term net lease with Now & Forever [1][2] - The company has invested approximately $233 million year-to-date in convenience and automotive retail assets, achieving a 7.9% initial cash yield [3] Investment Activity - The acquired convenience stores are strategically located in high-income submarkets of Houston, TX, averaging over 8,000 square feet and offering made-to-order food options [2] - The lease agreement has an initial term of 15 years with multiple renewal options and rent increases every five years [2] Company Overview - Getty Realty Corp. is a publicly traded net lease REIT focused on convenience, automotive, and single-tenant retail real estate, with a portfolio of 1,137 properties across 44 states and Washington, D.C. as of June 30, 2025 [4]