Pernod Ricard China Sales Fall 25% in First Quarter
Pernod Ricard reported a 25% fall in China sales in the first quarter.
Story updates
05:31:11 AM UTC
SquawkNews
Pernod Ricard EURONEXT:RI on Thursday reported a smaller-than- expected 0.9% drop in sales for the first quarter of its 2027 fiscal year, impacted by weak demand and de-stocking in China and the United States although demand in India was strong.Pernod, the world's second-largest spirits maker after…